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Updated 9 months ago on . Most recent reply
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Anyone has experience with Partner Driven Real Estate Company ??
Does anyone have any recent experience working with Partner Driven Real Estate Company?
I was contacted by their sales team and offered 100% financing of the tuition fee which will be around $15,000. They offer their support by coaching, software for finding/tracking deals(off-market -pre-auction houses), and team support while making deals, also do financing of 100% of deals and split the profit 50/50. They are asking for some done payment & then monthly payment, which varied from the 2 sales reps, who contacted me.
1st representative $2500 Down and then monthly payments till $10,000
2nd representative $1500 Down and then monthly payments till $15,000($5000 higher than the initial offer)
How much you can make as a side hustle if you are on a full-time job as well?
How quickly you can start making money with them?
Is it worth investing $15000 to start with partner-driven as they will still take 50% of the profit in the future?
Please share your feedback, Thank you so much in advance. Have a great day.
Most Popular Reply
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Quote from @Guy Gimenez:
Quote from @Julie Muse:
Quote from @Guy Gimenez:
I know nothing about the company but their promises sound like what most others offer and what few deliver. Save your money, put in 3 to 4 hours per day of study (YouTube, BP, other sites) until you are confident this is what you want to do. The difference in price between two reps at the same company should already raise red flags for you.
Hi Guy,
I completely understand your concerns, and it’s always wise to be cautious and do thorough research before committing to any program.
Consistent Offerings and Transparency
The discrepancy you’ve noticed in the pricing from our representatives is certainly not the experience we aim to provide. This feedback is important, and I’ll address it to ensure consistency and transparency in our communication.
What We Offer
At Partner Driven, we strive to stand out by delivering on our promises:
- 100% Financing: We cover the costs of acquiring and rehabbing properties, which can be a significant barrier for many investors.
- Coaching and Support: Ongoing, personalized coaching and team support to help you navigate and succeed in your real estate ventures.
- Software Tools: Access to software for finding and tracking off-market and pre-auction properties.
- Profit Sharing: We operate on a 50/50 profit split, sharing both the risks and rewards of each deal.
Importance of Self-Education
Your advice about self-education is spot-on. Dedicating time to study and learn through resources like YouTube, BiggerPockets, and other sites is invaluable. It’s essential to build a solid foundation of knowledge and confidence in real estate investing.
Learn More
To see some of the deals we’ve done and the successes our partners have achieved, please visit my BiggerPockets profile. This might give you a better sense of what we offer and how we support our partners.
If you have any more questions or need further details, don’t hesitate to reach out. I’m here to help and ensure you have all the information you need to make an informed decision.
Best, Julie Muse
Thanks Julie. Sorry for the confusion in my prior comments. I don't have any concerns and haven't attempted to contact your office, or any other coaching program for that matter. I was simply explaining that I have been contacted by many, many investors who thought buying into a program would make them successful quickly. However, I do believe that $15K and 50% of any net profits on and unknown number of deals is a steep price to pay, more especially when there are no leads included. Marketing is the most difficult part of the equation and often the most costly, so spending $15K for coaching and then spending another $10K+ out of the student's pocket to find a potential deal would stretch most new investors. And no, I don't have a coaching program so I don't have a dog in this hunt. Just providing some insight from my 24 years of investing.