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Updated 12 months ago on . Most recent reply

User Stats

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Dan W.
  • Flipper/Rehabber
  • Columbia MD
7
Votes |
26
Posts

Ryan Pineda's FutureFlipper Course Reviews

Dan W.
  • Flipper/Rehabber
  • Columbia MD
Posted

I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to start but I've been following Ryan Pineda since about 2019.  I know he's the real deal. He's been on BP more and more recently

Has anyone used his FutureFlipper coaching? It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc. 

Seems crazy but they sort of got me on the "will introduce to private money lenders" part, and "plug and play systems you can put in place to scale".

My gut is slightly skeptical so I'm on here asking. 

Most Popular Reply

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Scott E.
  • Developer
  • Scottsdale, AZ
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Scott E.
  • Developer
  • Scottsdale, AZ
Replied

I too have followed Ryan on and off over the years. He is definitely "the real deal" in terms of he is a very successful entrepreneur with a big net worth and several streams of income (one of them being these future flipper course sales).

Here's my 2 cents. I have no problem with paying for courses, coaching, consulting, books, or any other form of valuable education. But I do have a problem with paying $25,000 for access to private money lenders and for "systems you can put in place to scale"

Google "Private Money Lenders Near Me" and you should find a dozen that show up, with websites and reviews. Spend an afternoon calling all of them, introducing yourself, learning about their lending parameters, etc. There you go, now you have been introduced to private money lenders and you didn't need to spend $25,000.

As far him offering "plug and play systems you can put in place to scale" this is a bit more nuanced. You can't just google this or find a YouTube video that breaks this all down. But the process really is simple. You need to:

1. Find a deal (the hardest part)

2. Find a way to fund that deal (the easiest part)

3. Close on the deal

4. Rehab if needed

5. Rent out the newly renovated space and vacant space

6. Refinance to recapture some of your initial investment

7. Repeat the process

They call it the "BRRRR" strategy around here. But no matter what way you spin it, that strategy is how you scale to larger deals. If he was charging $500 for more detail on this process, that might be a sound investment. But $25,000? Cmon.
 

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