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Updated about 1 month ago on . Most recent reply
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Is anyone working with or has worked with Wicked Smart REI Coaching program?
Hi BP community.
Is anyone working with or has worked with the Wicked Smart coaching program? I learned about them from a Rent to Retirement podcast where they interviewed a former W2 FT sales guy in tech (that's me today...) turn real estate investor. He talked about getting coaching from them, and how beneficial it was for him. Truthfully, I am not that big on coaching programs BUT, I can understand the benefits of having someone in your corner teaching and coaching you on the ins and outs of real estate investing every week. I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about. There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal.
Looking for current or past students to chime in....Thank you!
Most Popular Reply
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Quote from @John O'Leary:
Hey Remy,
I'm not familiar with that program, but I'm a firm believer in paying for education. Coaching or mentorship in real estate investing can allow you to collapse time and "skip to the front of the line" by leveraging the experience and knowledge of those who have already achieved success in the industry. Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success. Instead of spending years learning by trial and error, working with a coach or mentor can allow you to accelerate your learning curve, gain confidence, and achieve your goals faster. I personally spend about 50K a year in masterminds and always get my money back just through network of individuals you get access to. HOWEVER, I'm not to big on taking a % of each deal after the fact like certain franchise opportunities.
Thanks John!