Apartment Mentor program $25,000?

[Brad Penley]

I’m looking at doing the multiunit apartment mentor and teaching program through 37 Parallel. The cost for the year program is $25,000.

Has anyone out there taking this particular course? Did you have a good experience? Did it propel you to syndicating your first 87+ unit apartment and set you financially free for the rest of your life?

Yes I have heard that you don’t need the course you just need to learn by doing. So.....

I have and manage two duplexes, but I want to get bigger fast, but I work full time as a military officer.

I have read several books, listened to lots of podcasts and I’m ready to either make my first deal with $25k down and get started small and go gradually, or put that $25k in this mentor program. Learn and train for everything I need, then go do my first BIG deal and hopefully recoup the training money and then lots more.

$25k is big money for me, and I don’t like making uninformed decisions if at all possible.

Please let me know if you have taken and completed this particular course, and your thoughts. Thanks!

[Stuart Grazier]

@Brad Penley My advice - don't spend $25k on guru education. There are so many opportunities to learn for free, or at a much smaller of a price point. Get involved with your local real estate investors meetup group, find someone that is doing what you want to do and try to add value to them in some form or fashion and learn by doing. Use that capital for buying real estate, not a guru course! I give you this advice through experience; I was one who spent a lot of money on a course and at the end of the day it left me with more questions and still no ownership of real estate. Real estate investing is a long-term game. Don't try to become a multi-millionaire overnight by going big too fast.