Scam or Legit: Sales pitch for 3-day multi family bootcamp?

[Ben Feder]

I went to a multi family investor event today in my local area, and it turned out to basically be a sales pitch for a 3-day bootcamp that they were going to hold in my city toward the end of the month. They were charging $1,495 for the bootcamp, offering products such as software to analyze deals and service of taking us by the hand and guiding us through the investment process from start to finish, with the added bonus of being connected to a network of professionals for life, and people who would provide us money without checking credit-score and only looking at the quality of the deal we find (sounds like hard money lenders to me basically). I am not sure if this is worth it; I feel the content on BiggerPockets, the tools, and the social network here more than pays for what they were offering in the bootcamp. Feelings? Should I have paid for this bootcamp? Does BP offer enough or is there always more to learn? Scam or legit?

[Account Closed]

Originally posted by @Ben Feder:

Originally posted by @Erik Hatch:

@Ben Feder I don’t see how 3 days could be helpful. Maybe 3 months. There is so much to learn that I think 3 days would just be a waste. Remember there is no hurry here. Take your time. Do a lot of investigation and reading. There is a wealth of knowledge on YouTube and podcasts. Good lick!

Thank you for the insight. To start off, I agree with you that it probably isn't worth it. But I do want to address the other side of the argument, which is the part of me tugging at me saying I should've signed up for the bootcamp.

They would be setting me up with professionals in the field and successful investors who I can then be networked with and learn from in person, and have in ny loop for life. I would get to see deals being made and then they would essentially hold my hand and walk me through the deals first before I went out on my own.

That's just the other side of the argument on why it could've been worth it. I don't know what to do, to reach out to them and see if I could still sign up or if I made the right decision by passing on the opportunity.

Ben,

I’m willing to bet the 3-day boot camp will be another elevator pitch for you to join their $10k, $20k and $30k coaching program for them to plug you into their network.

In this biz or any other biz, you need to take action. Action is power while knowledge is just a tool to help you to succeed. Come up with a game plan and go for it. 

Best of luck.