Real Estate Course/Strategy

[David Cianci]

Hi All,

Wanted to get some thoughts from the community on something I came across recently.

I recently came across someone on Instagram who was promoting his business/strategies for people to pursue to achieve financial freedom as quickly and best as possible. I got on a call with them and then their membership coordinator to discuss joining their community and I ultimately did not join because the price tag was $500 per month, but the idea seemed rather interesting to pursue possibly by myself or with other people not needing to pay $500 per month to make it happen.

Here is the idea. He said the basic premise of his community is to accelerate my goal to achieve financial freedom 8-15 years earlier than I could with general passive real estate investing that most investors are interested in. This community gets me in the right room with wealthy people, who can serve as capital partners for projects I can operate. He essentially preaches copying the wealthy peoples strategies in the community and implementing them myself. Learn the models they teach, do exactly what they say, and execute it ruthlessly. He speaks about doing this through syndication operation such as acting as the underwriter/sponsor/manager of anything from multifamily, land, buying businesses, self storage or anything that will make you money for that matter.

He said the reason why the community is as high as the price tag is because of the networking opportunities and connections you can make with wealthy capital partners that you would not be able to find anywhere else, unless you did it yourself which he said would take many years without joining his community. I tried to vet his community and it seems pretty legit based on what I was able to uncover and through questions I ask him and the onboarding coordinator, but I have trouble justifying the high price tag for something that seems sort of plausible on my own, yet he makes some valid points on how long some of these things would take on my own without the community.

There is a 90 day onboard where during the first month of the onboard you work on creating your visions and dreams, figure out what you can do for others and how to execute those goals, get assigned with people in the community who are in a similar situation as you and mentors to guide you, put me into group chats with people doing what I desire, introduce me to people in specific asset classes. Then over the next 60 days, partner with people and make as many connections as possible, hop on calls with people to underwrite deals with them and receive direct mentorship.

What do you think? Is this something I should pursue? Does this seem too good to be true? Could I do this on my own? Is the price tag too high? Is this a good business model? Could I only get connections with high net worth individuals from a program like this? Let me know any thoughts you are having after reading.

[Joseph Bui]

I'm not a big fan of these "guru courses". Most of these lessons can be learned here on Bigger Pockets or through Youtube channels. The only value I see is the networking aspect. Just my 2 cents.