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Updated about 3 years ago on . Most recent reply

User Stats

14
Posts
12
Votes
Kelly L.
  • Phoenix, AZ
12
Votes |
14
Posts

Renatus and Scott Rowe and Chicago Business Development Group

Kelly L.
  • Phoenix, AZ
Posted

I know, my bad...searched job ads online for a real estate apprentice and came across an ad that made it sound like an actual apprentice program. Dove into BiggerPockets and Googled Renatus and read lots of reviews.

It's hard to actually know if I found a review of someone who actually went through the education course or is just doing the marketing side with them (basically an MLM). I went through the Rich Dad sales pitch, so I'm not naive, but I know a few people who are in MLM type of companies and are doing well.

I want to be able to leave my job and focus on investing, but I need a good pay check, sooooo long story short...has anyone been an IMA with them or know information on it? It's basically selling their education courses and getting commission from that depending on which package is bought. Of course, you get a high incentive for signing up yourself with their courses, so they make it seem like the pay-out is way more lucrative than a true MLM.

I'm pretty certain I will get not so good responses, but thought, worth a shot to see what people think!

Most Popular Reply

User Stats

4
Posts
19
Votes
Debra Vance
  • Involved In Real Estate
  • Ludlow, MA
19
Votes |
4
Posts
Debra Vance
  • Involved In Real Estate
  • Ludlow, MA
Replied

stay away from Renatus and especially Scott Rowe. Bad news. They make it sound so easy but once you get in then they want you to buy the education. The only people making money are the ones that have large "teams" living off overrides. The education would be better if you find a local REIA group. You can learn just as much and have local people to team up with. Renatus wants you to sell the education. That's it. I got hooked into a self-directed Ira APS. And now it's in receivership and the owner is indicted and they want to take 10% out of everyone's account and I was only in it for less than a year. Stay away. Google APS receivership and you'll see.

Coach mentor is a joke. They mentor you how to sell the education not in real estate investing. 

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