Blair Halver - Apprentice Program - Thoughts...

[Kabbie Konteh]

INTRO: Hi all. Great to be here. Heard a lot about how helpful this group is and decided to give it a try. So, I am an attorney making a midlife career change to a real estate investor at the ripe age at 40. I'm too old to reinvent the wheel and, with a family to feed, I don't have time for much trial and error and need to start making money to support my family. 

GOAL: Hence, I am looking to invest in a system with a proven track record of success, where I can earn and learn at the same time. As an attorney, I don't mind putting work into a system. I just want to make sure the system I put in work actually WORKS!

QUESTIONS: Does anyone have experience with Blair Halver and his Apprentice Program? Does it work? And if so, how long did it take to get results? If not, then why did it not work? 

Last, is there a system that members of BP recommend that meets the above stated goals?  

Thanks in advance for all your help. 

[Michael Haas]

Nothing wrong with wholesaling in Seattle, there's lots of investors working here. 

My two cents- 

1. Wholesaling is a job, and one that usually pays a heck of a lot LESS than being a lawyer.

2. You don't need anyone's permission to get started. REI doesn't have a cover charge, and 9 out of 10 gurus are in that business because they think its easier to make money from you than from real estate. You might get lucky and pick one of the good ones and prosper, but I believe the odds of this aren't in your favor.

3. If you have substantial savings you should be house hacking multifamily in Seattle every year, or if your lifestyle doesn't support that buying 1 short term rental (with 10% down using a second home or vacation home loan) or 1 long term rental (standard 20-25% down) a year. Milk your w-2 for all its worth, and throw the extra money into good deals.

4. If only the largest REI focused website in the United States was free, and you had direct access to investors in your local market who aren't trying to sell you anything but are willing to share their advice and experience gained through dozens of deals. I wonder which website that is... ;)

Happy to talk with you more. I hound for my own off market deals, but I think wholesaling for others is a waste of time. I don't know much about this program, but it sounds like it focuses on using FB ads to wholesale properties, which doesn't sounds like a good fit for your goals.