All Forum Posts by: David Dachtera
David Dachtera has started 94 posts and replied 4494 times.
Post: RENATUS SCHOOLING?
- Rental Property Investor
- Rockford, IL
- Posts 4,613
- Votes 2,995
Originally posted by @J Scott:
Originally posted by @Doug Leedy:
As I said earlier, I don't know of a similar program anywhere. There is real, substantial value here at a fraction of the cost of a college education that may or may not lead to a job. You truly learn self-sufficiency here, which is crucial in today's Information Age.
I've asked several times and still haven't gotten an answer (or even a response) -- what are the success rates of Renatus students? How many go on to become successful investors?
I would have to imagine that any reputable educational organization keeps metrics pertaining to the efficacy of it's teaching. ...
As far as I'm concerned, if your knowledge and training isn't sufficient enough to weed out those who are unlikely to benefit and then track the success of those who are likely to benefit, you're not a reputable training organization.
Just curious, J, how many colleges / universities track such stat.'s?
How many Harvard Business School grad.'s go on to become successful business people? How many end up convicted of Ponzi schemes or other scams?
How many Northwestern Medical School grad.'s go on to become successful practicing healthcare professionals? How many end up flipping burgers for lack of available jobs in their field?
How many (choose a) Law School grad.'s go on to become prominent attorneys? ...ambulance-chasing shysters?
Unless you can point the readers to sources of any of those statistics, the lack of an answer or response is probably the best you can expect.
Remember also that any such claims must be backed up with qualified, verifiable data.
Post: RENATUS SCHOOLING?
- Rental Property Investor
- Rockford, IL
- Posts 4,613
- Votes 2,995
Originally posted by @J Scott:
Originally posted by @Doug Leedy:
A lot of people say they want to invest in real estate but few really do, primarily because of fear. Renatus takes most of the fear out of it. Real estate investing is an inherently risky business, as many people find out every month.
You claim that you don't know everything...you've now made that abundantly clear. Let me teach you something that most successful investors have already figured out (but that guru educators don't want you to know):
Real estate is NOT an inherently risky business. If anything, real estate is LESS risky than most of the business verticals out there, ...
And guess what, I didn't even charge $15,000 for that lesson.
Sorry, J Scott, can't let that go unchallenged.
What I WON'T do is attempt to offer any of my own thoughts or opinions on it.
What I WILL do is refer you to a COMPETENT real estate attorney of your own choosing and suggest you ask him/her about that statement. You might even ask IL's own
Attorney General, Lisa Madigan who is VERY pro-tenant and anti-investor. Not sure which state you're in, in IL we have "professional tenants" who pay the first/last month's rent plus whatever deposit and then live rent free in our properties for the duration of the eviction process (18 to 36 months or more). I suppose that would be a non-risk, in your book.
"And guess what, I didn't even charge $15,000 for that lesson."
Neither did I! ...though you could easily lose 10 times that much or more per unit/property!
Post: RENATUS SCHOOLING?
- Rental Property Investor
- Rockford, IL
- Posts 4,613
- Votes 2,995
Originally posted by @Bill Gulley:
Thanks John, yes, folks need to keep their money.
I can't imagine anything in small RE investing, 1-4 family or small multi family, under $1M, where any education specialty worth $5,000! It's just not! Laughable!
If a $5,000 education keeps you from making a $50,000 mistake, how "laughable" is that?
Post: RENATUS SCHOOLING?
- Rental Property Investor
- Rockford, IL
- Posts 4,613
- Votes 2,995
Originally posted by @Aaron Mazzrillo:
I won't accept rent from a felon because I won't rent to them. And I certainly wouldn't pay a felon to teach me how to invest in real estate.
Are you implying that someone associated with Renatus is a felon? What evidence do you have?