Mr. Texas Real Estate Investment Company

[Sheldon D. Cummings]

Hello fellow investors!

I'd like to hear from anyone who is familiar with Mr. Texas Realestate Investment Company here in Houston, TX.

To be more specific, I would like to know if their paid Mastermind membership is a good value when it comes to investing in single family, or  multifamily homes.

Do they actually deliver on what they promise as far as providing their members deals, and guiding them through the buying and rehab process?

[Jesse Arriaga]

In all fairness, I have never participated in their mastermind group, but I have been pitched grossly over priced so called education programs from people that spend more time promoting and exaggerating what they’ve done in the hopes of getting a check from me with 5 zeros. Mentorship is great. It’s proven very effective and just makes good common sense. It’s also a more intimate relationship. What I see manufactured for sale is more a promise than reality. People don’t just give away really good deals. A business model that has always made sense to me is teaching people how to find good deals and have them bring them to me for more critical evaluation and execution where I invest my capital beside yours. It creates an alignment of interest. The problem I see fundamentally with so called guru promoters is that they share no risk with you. In a previous life, I developed midstream energy assets. I had the opportunity to work with Private Equity investment managers. They are small groups of people that manage billions of dollars. Alignment of interest between management and investment capital is a cornerstone principle that is never compromised. Bottom line, if it sounds too good to be true, it probably is. There are plenty of good people on a platform like bigger pockets that could be a great mentor in the true sense of the word.