Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Guru, Book, & Course Reviews

User Stats

19
Posts
19
Votes
Sung H Kim
  • New Jersey
19
Votes |
19
Posts

Mentorship program for $40k

Sung H Kim
  • New Jersey
Posted May 4 2024, 14:51

Hi im a noob. But starting and learning terminology now. Really excited. This seminar I attend offering mentorship program for 40k for 2 years. Is this good deal??

User Stats

19
Posts
19
Votes
Sung H Kim
  • New Jersey
19
Votes |
19
Posts
Sung H Kim
  • New Jersey
Replied May 6 2024, 12:18
Quote from @Becca F.:

Welcome to BP! No absolutely don't pay for a mentorship program that costs that much or even $5000 or $15,000. $40k is expensive and if you have that amount saved up you could use that towards buying a property. Do you mind sharing the name of the program? Or DM me if you don't want to post it publicly. 

If you go to the Forum "Gurus, Books and Course Reviews" you can read all the comments about different programs.  I've talked to long time investors that helped me out a lot. There are several of them that post often on BP (that aren't trying to sell you anything) and people would be smart to read their advice vs. paying a coach/guru. I've also found YouTube videos and podcasts helpful. 

I recommend going to local real estate meet up groups and networking with other investors. They can share their experiences investing locally or out of state and you can ask them questions directly. All for free. 

it was David Lindahl about Multi Family units 

User Stats

434
Posts
185
Votes
Scot Howat
  • Investor
  • Hoffman Estates, IL
185
Votes |
434
Posts
Scot Howat
  • Investor
  • Hoffman Estates, IL
Replied May 9 2024, 12:57

Don’t do it.  You can learn almost everything for free or by doing a deal. 

Lend me the money and I’ll show you how a deal works. 

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes