Lifestyles Unlimited

[Chris Green]

I live in Dallas and I'm considering joining Lifestyle's Unlimited's ("LIU") PIG membership. If you are or have been a PIG (MF+SF) or a Challenge (SF) member I could use your help in determining whether the membership fee is a worthy investment or not. Basically I want to join their PIG membership for two reasons in order of importance (1) to network with fellow MF investors and expedite the process of locating MF deals (2) to become a MF investing expert.

With that said, and if you are or have been a PIG member, do you think the PIG membership will allow me to achieve these 2 goals? Also, how many MF deals were you presented per year within the LIU network?

Appreciate the feedback.

Chris

[Chuck Webb]

I am a PIG member here in Houston.  I'm not up to the level where I'm purchasing Multi-family yet.  I'm still trying to accumulate capital through investing in single-family (which is very competitive).  LS presents unrealistic examples or should I say "unicorn deals" during the seminars and case studies.  The numbers are very unrealistic and after doing several deals, I can say this.  After you pay 20k for the PIG membership there is an annual renewal fee of 3000 per year.  I don't think people pay that so they offer deals like 4200 for 2 years and they just recently had a promotion for 3800 for two years.  When I was a low-level member for 512 for two years a while back I thought the renewal would remain 500 or so a year which is what people like me who are working to build capital can afford.  If you are already a millionaire, then an annual membership fee of 3000/year is nothing.  I can't afford to renew my membership right now...and when I explained why they didn't care or didn't understand.  It's like their goal is to take the money from lower-income folks like me with hope and cater to folks who already have big bank accounts and retirement funds.  To make matters worse, I joined right in front of COVID, so I missed the face-to-face events, road trips, pretty much every opportunity to fraternize with like-minded people.  I can't even log into the website and watch the educational videos now.  I mean come on, I paid 20k!  You are not forced to give your textbooks back after you take a college class.  This is my experience with Lifestyles.