Is the CTREIA coaching program worth the money?

Question

I'm ready to invest in the CTREIA coaching program.  It seems like a very beneficial program for someone like me who's new to real estate investing.  It's a large financial investment; hence I'm performing my due diligence....something every savvy investor would do before making a deal.

I would sure like to hear the experience of those who have gone through the program.  Inbox me if you'd prefer to remain anonymous.  Looking forward to hearing about your experiences.

John Mocker · Answer

Monica,

There are now 3 groups I know of in CT that are having meetups.  One is in Stamford, one in Norwalk, and the third is meeting in Derby.  None of the three will charge you and all provide a relaxed/social setting that you can ask questions from other investors and professionals.  PM me if you want the contacts for the groups.

Jerryll Noorden · Answer

I never heard of them and I don't know them so nothing I say here is a direct reflection of their ability to get you to be successful.

What I can say is that I understand what it takes to be successful as an investor. That said, to give you an opinion on them without knowing a thing of them wouldn't be fair but I AM very disappointed with ALL the mentors and gurus out there to pretty much know how to talk and hype you up but provide zero actual value.

What most of these "experts" do is they know how to talk to your desires. They know how to really reach you deep down where it matters and get you all pumped up convinced what you need is what they offer to be successful.

So how do you not fall for that?

Simple.

Figure out exactly what they teach you. See if what they teach you aligns with what it takes to be successful as a REI.

So...

What exactly are they teaching you?

Here is what you NEED to become succesful:

You need to know how to generate motivated seller leads... PERIOD!

If they tell you to go driving for dollars or do bandit signs or worse.. DMM just run! Don't look back and if you are stubborn and you go for it anyways because you refuse to use your own logic, then you deserve what is coming  to you! Don't get excited don't get eager, there is no such thing as the magic program!

If they don't have a great chapter in there how to generate leads,  I could never give it my seal of approval. Generating leads is the CORE of real estate investing.

It absofrigginlutely does not matter how amazing the content is. If you can not generate leads, you are stuck.

Lead generation is first and foremost. PERIOD!

So if you want a true solid evaluation of their program you need to judge it buy how efficient they are in teaching you how to generate MOTIVATED seller leads.. not just "seller leads".

Then you find the students that didn't take selfies with their paychecks. Find students that are quiet and ask them what they think. How many students do they have and how many are successful?

If they have a solid track of students making money reliably, heck yeah absolutely go for it.

But don't go for it because you already want to and you just want validation from others. THAT is dangerous!

Good luck!

Olivia Perk · Answer

This is a review for the coaching. As someone who is a former dedicated diy person and who once swore that everything can be found for free on bigger pockets or by reading books I am literally forever changed. The coaching at ct reia has been life changing. Yes the content can be learned for free by yourself if you dedicate hundreds of hours and have a way of figuring out what is true and what isn’t , but that is not what the value is. The value is having someone hold your hand whenever you have a question that is local. It’s someone who drives to your property once you purchased it and does a walk through of what you should or should not do. It’s someone who says don’t worry use my contractor for that. Or did you consider doing this? Rich and Mark have provided me with so much support on the rehab front that I am beyond grateful. Ron has also toughened me up on the tenant front to keep it as fair and professional going forward. This is so far my best real estate investment. So yes I personally recommend it!

Christian Tynan · Answer

The people attracted to CTREIA are great because its the only real estate group in the state. Simultaneously, I have sat in Ron's gotcha class. He's a nice guy, I'm sure, with a breadth of experience, yes. However, he gives you all the real-estate-feel-good info that you can get from biggerpockets and the internet or a book or two for the low little price of $10,000 of your hard earned money (that is better spent on an FHA loan as a down payment on your first owner-occupy multi). Brand Turner, David Greene, J Scott, they all say don't pay for that stuff if they give it to you free from the comfort of your own laptop.

Victor N. · Answer

I’m a member of CTREIA. I’m not active as I’ve only been to a few in person meetings before COVID but I can tell you that it’s a quality group.

A friend of mine wanted to get into real estate investing. They reached out to me and we sat down for a long talk. Their initial plan was to do flips. I’m a buy a hold investor and tried to explain the benefits of that strategy.

They signed up for the coaching program. It  is expensive but very reasonably priced ( read much much cheaper compared to other programs). It is a quality program. They leaned a ton. The coaches teach you how to find deals, how to raise money etc. Well, my friend bought their first rental a couple of years ago and did a full renovation. The coaches help them with selecting contractors etc. The program also helped them set up a legal entity for their rental business. That property is currently rented above market rate. This year they purchased their 2nd rental and have finished the renovation.

You could get into real estate without a coaching program but using one will help you a lot specially if you have no experience. In CT, there is only one program I will recommend and it is the one from CTREIA. Good luck!

Christine Lang · Answer

Hi Heather, I just completed their coaching program (virtually due to COVID), and I found the instructors Mark and Ron genuinely love to teach real estate and give you a lot of course information as well to review besides the classroom instruction. They also provide lifetime support to their graduates which is a plus. I took some of the guru courses in the past and those were not very helpful to me.  Hope this helps.

Jeff Lamothe · Answer

Hello @Heather Armoogam.  Welcome to the real estate investing.   I didn't invest in the CTREIA coaching program but I did attend one of their seminar's last year.   Their coaching program pricing appears to be reasonable compared to other programs, that lures you in then upsells participants to their 50-60K packages.  There is a FB group for Connecticut real estate investors and I believe they are folks who are active members of CTREIA.  Best of luck in your investment journey.

Jerryll Noorden · Answer

he he he,  that is a very polite way of saying... Calm down you monkey

;)

Yeah I am passionate when it comes to lead generation I HATE it when other people sell coaching/products and leave a wake of unhappy students behind. (I am not talking about these 2 gentlemen  by any means... ).

So For me it is a No go, if I saw a review like the one I have found. What you should do is not count the good reviews, but look into the bad reviews. Everyone is nice when nothing is going wrong, .. it is when things go wrong is how they behave and treat you , that matters. And IF those bad reviews are true,  yeah no friggin way I would work with people like that.

Besides.. Gurlfriend.. you really don't need coaching. You need a website.. but then again... you would be competing against these guys at WeBuyHousesInConnecticut... and damn I hear there is no one better at SEO and lead generation and credibility than those guys. Dang it!

This is what you do. Get yourself a carrot website and make it credible. That is your credibility hub. The best investors are those that are self made. Nothing wrong with good coaching, but not as a newbie in my honest opinion. Fight with it. Figure it out. Try it, failure is not an option.

Learn and grow, become savvy. You get stronger when there is struggle.

You don't need anyone to be honest. Credibility is key. That is all you need to focus on and the rest will fall in place! If you master all that, you know exactly where you are, what your strengths and weaknesses are and then if you still feel like you need coaching, reach out to them and go for it.

But don't get impressed with  "being approached by reality TV, and written 2 books being a master landlord, and being awesome at whoelsaling and.. and,. and.,."

What does that have to do with making you succesful?!

Instead of talking good about oneself, why not show videos of actual results of how many students are successful. Any decent marketer would know this yet I don;t see videos of their skills at least they are not easy to find.

"they are so handsome, and they enjoy teaching, and..." doesn't tell me a damn thing about how good they are at getting you to make money right?

Don't be sheep. Go out there and hustle. Once you embrace the fact that you do not need guidance to make it, you will be surprised how strong and resilient you truly are!

Monica De Lozadapadin · Answer

John Mocker- Thank you so much,  you actually just reminded me of the meeting in Norwalk tonight.  Hopefully, I can meet you there, Thank you again.

Heather Armoogam · Answer

@Victor N.

Hi Victor, thank you for sharing your experience with CTREIA as well as your friend’s experience.  I’m glad to hear of your friend’s success and the support of the coaches.  Investing in RE can result in huge financial implications.  Having an experienced coach to guide me will help me avoid many REI pitfalls.

Is the CTREIA coaching program worth the money?

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