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Updated 27 days ago on . Most recent reply
rei accelerator program
I've been investing in real estate for 10 years and have purchased and rented 50 sfh's and duplexes. I looked into a program that is called the rei accelerator and they said they will guarantee me a deal of a 60+ unit apartment building in the next 4 months and i will get to a closing table and generate $20,000 a month off my first deal with working with them. My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me. This money would change my life but i have a hard time believing this. I of course would need to look for the deals and do letter of intents on properties and find them and they would come with me to the closing table pulling out equity and then getting the cashflow. That is alot of money to put out. Could this really work out? I feel its a bs sells pitch right? Any advice would be helpful?
Most Popular Reply
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Hey @Joshua D. I joined the REI Accelerator program in May. I'm full-time military and only had about 3-5 hrs a week to give the program. My experience was mostly doing SFH/Duplex/Triplex etc. and had experience in larger multifam. My experience was just as they described. I went from 10 units in May to 70+ currently. I picked up my first syndication using their methodology. I can't say enough about the support I received and the quality of the mentors. I'm not in any way paid by them but I sing their praises all the time. It's been life changing.