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Updated almost 9 years ago, 01/31/2016

Account Closed
  • Real Estate Agent
  • Wesley Chapel, FL
38
Votes |
153
Posts

Freedom Mentors

Account Closed
  • Real Estate Agent
  • Wesley Chapel, FL
Posted
Does anyone know and trust Phil Pustejovsky and his company Freedom Mentors? I'm trying to do some research as a new agent, looking to get into real estate investing. I tried looking to see if he was on one of the podcasts but did not find his name. I'm not asking for a bashing session, just some advice on whether to turn and walk away or turn and run away? If the company is reputable, any information about the process would be helpful. I did listen to all of his new investor video on YouTube. The too good to be true voice in my head is quite loud right now. Thanks

User Stats

36
Posts
21
Votes
Nathan Worden
  • Orange, CA
21
Votes |
36
Posts
Nathan Worden
  • Orange, CA
Replied

Hi Michchael,

Here is a thread that was started about Freedom Mentors. Hope this helps!

https://www.biggerpockets.com/forums/92/topics/112382-freedom-mentor

User Stats

5
Posts
1
Votes
Joe Doyle
  • Hales Corners, WI
1
Votes |
5
Posts
Joe Doyle
  • Hales Corners, WI
Replied

I think Phil Pustejovsky is the real deal. His new book Real Estate Investing Gone Bad tells a whole bunch of horror stories. He doesn't sugar coat it in his videos either. I don't get the same feeling you do about him or his company. I have done a bunch of research too. The only negative I can find is on this site. There's tons of other places with people talking about how good it is. BP can definitely be a bash session on anyone charging money for teaching about real estate investing so this venue might be a bit biased. 

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User Stats

2
Posts
0
Votes
Ryan Thayer
  • Crawfordsville, IN
0
Votes |
2
Posts
Ryan Thayer
  • Crawfordsville, IN
Replied

I spoke to a man by the name of Travis yesterday from freedom mentor.  The program sounds great and I cant find anything bad on the program but what im having trouble with is giving them $10,000 up front and $200 a month.  I was told to call my credit card companies and get them to up my limit.  I just dont feel I need to max my credit cards out for a program that I feel I can learn with help from people on here and doing my homework.  This might be a great way for some people to get into real estate but the money aspect is way over my budget.  

User Stats

42
Posts
6
Votes
Shawn Munoz
  • Vineland, NJ
6
Votes |
42
Posts
Shawn Munoz
  • Vineland, NJ
Replied
Originally posted by @Ryan Thayer:

I spoke to a man by the name of Travis yesterday from freedom mentor.  The program sounds great and I cant find anything bad on the program but what im having trouble with is giving them $10,000 up front and $200 a month.  I was told to call my credit card companies and get them to up my limit.  I just dont feel I need to max my credit cards out for a program that I feel I can learn with help from people on here and doing my homework.  This might be a great way for some people to get into real estate but the money aspect is way over my budget.  

 Hey i just spoke to some one from freedom mentor and they only asked me for 1,000 down. I think they change the amount depending on income. That isn't assuring. I am still considering this because they do offer a money back guarantee 

User Stats

2
Posts
0
Votes
Ryan Thayer
  • Crawfordsville, IN
0
Votes |
2
Posts
Ryan Thayer
  • Crawfordsville, IN
Replied

Only $1000 down? I am suppose to talk to them today and they asked me to set aside 2 hours. I was told after you net $250,000 you get the up front cost back. What I really want to know is when you get funding from them do you have to pay for the funding or do you just split the profits with the lender. Have you signed up with them yet?