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Renatus
I have recently looked into the program Renatus. I am interested to see what this program can offer me. First I want to get some opinions on renatus before I commit. Please comment any info you have on renatus.
Thanks.
I have heard of them, but never worked with them. My opinion in learning about real estate is finding a mentor, someone that has experience, so they can assist you with doing a transaction.
the education is great but on the surface they are a network marketing company first. I know because I joined them but quickly realized it was a network marketing company first. But I will say the education is up to par. But you can get that same education online from sites like BP....
A guy called me about it and while trying to pick his brain how the education is financed, he went on about the 2k-20k education programs. He also said biggerpockets is a waste of time and worthless.
Haha, okay, sure.
Thanks guys.
I am interested in partnering with someone who has already joined or with someone who wants to join. The memberships are good for two people. I believe in the education and Real Estate as a viable way for the average person to make an incredible living while not punching in at the office from 9-6 every day. I am extremely gifted at following a system and building a team of like-minded people, both that want to market the education and those that want to simply pursue RE as their means for making a living or a combo group that wants to do both.
Hi Jerrell, I utilize Biggerpockets and the local REIAs... they give me great information and a bigger network. However, I would recommend taking a look at Renatus again if you declined. I have watched many of the classes and they have helped me tremendously build confidence to go out and find deals, which I have done. I also moved from San Diego to Western Washington and it was a breeze to plug in to the new Renatus community here. All the information I ever need to learn how to do (up to date) real estate investing and MORE is all in one place. I would have spent thousands of $$ on a guru by now if I didn't find Renatus first. If one is serious about investing real estate, they are more or less going to shell out money at some point. Renatus is the biggest bang for my buck based on my experience. Best of luck to you!
I don't, Know this is just a 3rd mans opinion, when I worked in private Equity my Boss, Director of Acquisitions for the firm had bought at the time $1.1 Billion in real estate, and I was leaving the company to start my smaller firm and when to his office on one of my last days, and I said this 4 years in the company and next to you have really taught me a lot, bla bla, what is your opinion about this Real estate learning programs and I named a few, he said to me Paul don't be a idiot and buy your wife some flores or your kids new toys any day that buying does stupid programs that teach you what you already can find for free be smart and learn how to research and net work he said you think in my time, we had that bull. so that really hit me everything they teach you can find else where, after that I spent every free minute I had in the library reading, internet researching and talking with anybody who will talk back I learn and did a lot, now I have Investment Consulting firm( which I find equity or help investor maximizes there revenues ), and in 2 years of my firm and 60+ clients, you can guess the first client I turned down was some guy who wanted me to be one of his business coaches in teaching other nothing basically for a lot of money, he taught cause I was a consultant I will be happy but I give free advice that is better then he teach and I have gotten way better, advice then he teaches, so I think you got my answer about what I belive of does programs.
I'd say stay away. Asking me to pay money to get started? I'll pass. I'm here to make money not spend it.
I'm a Renatus supporter in NY. I have nothing but good things to say about the quality of the education. All the instructors learned what they know about Real Estate Investing from the most expensive school out there, The School of Hard Knocks. After these instructors graduated at the top of their respective class we're able to also do well investing. I have several of the instructors personal contact information that I use when I have a deal in their neck of the woods. The most you will get from a guru is an 800 number where you will be talking to someone reading from a script. The education is very practical and useful but what really separates Renatus from any other Real Estate Investment education company is the fact that we have local communities throughout the country. With these local communities we have members that will not only help you with your individual deals but will also hand you deals to partner in. Being that we all have the same education we're able to analyze the deal and easily determine if the deal matches our investment goals.
The problem with going to a REIA or library is that you'll piecemeal what you know and eventually end up with holes in your foundation. As the saying goes "You don't know what you don't know." For example there are actually outdated books on seller financing with strategies that if you perform today will end you up on jail thanks to the Dodd Frank act. I tried reading books on Real Estate Investing but when I had questions I was stuck. Now if I have a question I can easily call or text a member of the group.
Thanks to the nationwide community we're able to do deals in different parts of the country without ever seeing the property. I can just pick up the phone and easily ask them to help me with my due diligence. They will also be able to recommend an agent, contractor, appraiser, title company, property manager, etc.
It's far from a network marketing company or MLM. It's a Real Estate Investing education company with an optional direct marketing component. If you're not interested in marketing you can just concentrate on doing Real Estate. The best part of the marketing program is that it actually improved my Real Estate business by introducing me to people, deals, and resources that I otherwise wouldn't of been exposed to.
Do a search on their CEO Bob Snyder and Nouveau Riche. And even on Jim Piccolo.
I won't touch anything that involves those guys.
I'm more curious on student experience and success. The concerns over MLM or leadership is opinion, and that's cool. Anyone have facts?? I'm hearing education is good. I'm hearing mentors are good. But really interested in if the combination in conjunction with the national network is yielding results for Renatus students?? If students are good, and they are reliable investors, having that close knit community for someone wanting to do deals in other cities or do JV seems good. The cost of $2k - $20K is less of a concern if they are delivering deals. People pay 6 figures for college educations, so may not be much of an argument if deals are increasing. Any actual students with RE Portfolios able to weigh in?? I have not bought their education series but it is a consideration.
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People barely leave reviews of positive experiences, so I’m going to. For me, time is money...I know very well that information is out there and can be obtained for free but that involves my time in searching and weeding out the BS and actual strategies that can be applied in my own capacity. It all boils down to what you find to be valuable and choice. Renatus offers dual opportunities, you can do the marketing or get education or both…both can help you generate income. If it is your cup of tea, I find direct/relationship marketing of Renatus or rather any of these companies to be absolutely legit...professionals have been benefiting monetarily selling a product or service or getting others started in their same profession since the beginning of the free world…what is so wrong with building a team of like minded individuals with similar goals? When you empower people and surround them with other empowered people with a passion that they feel aligned with, they get themselves in gear and motivated…whereas when you are at a job, employees do the absolute minimum to not get fired and their bosses are doing the same thing. The CEO or the execs are at the ones making the big $, that looks like a pyramid to me. Where’s the optimization of productivity in that system? It's a business in the end where an exchange of value it present. As long as you find there is value in whatever business, join, if not...don't hate. As for the education, I like that the courses are taught by those who have been in the industry for a long time who have made mistakes who live to share what not to do or can show you a straighter path. I have been on BP for many years and I have gained a lot of good info but that's not without hours of reading through random comments that really is a waste of time. What I also like is that the courses are dynamic, so it changes with the times...trends, laws, tax code, new strategies...unlike my undergrad and graduate education that I gained over 10 years ago and tens of thousands of dollars...international business has changed so much, but I'm not getting the updated changes now am I? It seems the ones who get in for making a quick buck are the ones who complain about not making money or getting their bang for their buck or worse yet, they blame the education or system for their lack. You go to school or get a degree, what you do with the degree is entirely up to you. I'm not saying I'm putting all of my education to immediate use because I know I can be more successful. All I’m saying is, use your own judgment, do your own due diligence, do fair and balanced research, steer clear of naysayers because they eventually will instill more fear in an already big step to invest in yourself and if you let other people's opinions influence you, you can just stay in that same spot and be in the same situation, so be the strong committed person and move, do something.
Hello, I see great comments and bad comments - My suggestion is to judge for YOURSELF, the education does cost money but for you to judge for yourselves is free. Go to one meeting and if in 30 minutes you don't like what you hear simply leave. Better yet, come up with a list of your toughest questions and ask the leaders or active investors - heck try some students that are not new obviously.
Want to see if it actually works, ask to get invited (FREE) to an actual property tour.
No doubt there are many scammers out there, there are fantastic information free online as well.
I am part of the Renatus community. Besides learning, I get to ask the attorneys, brokers, realtors, lenders, active investors, etc who are part of the community any questions, doubts etc I may have. The local support is worth more than what I paid.
BTW, you DO NOT have to be an affiliate, it's an option if you are interested.
Simple, get opinions from others, analyze your own experience and come up with your own conclusion.
Just my opinion.
I have to add to this as well.
Disclosure: Independent Marketing Affiliate / Student
I am a Renatus student, and have shared the program with other former co workers who want to escape the old job. In reality only 17percent of members sell the education, the rest just do reaL estate. I have been only investing for a couple of years, and have purchased notes, done gap funding an have a short term rental. Complete 3 flips. BP and REIA's are good, but I have no certain way of vetting the info being provided to me (REIA's More than BP for sure)
You can do your own taxes, but a professional is better
You can fix your own car, but a professional is better.
You can fix up your own house but a pro is usually better.
they were all educated. And So I went for an education, It was like a fast pass, Im doing deals with other people I trust and help me navigate the land mines in the industry. No handshake deals, all contracts used. Time is Money, and I was going to learn one way or another. And being a part of my community has brought me deals and partnerships in deals and options that I wouldnt have stumbled across otherwise in the time frame I did. I found a lot of sharks at my Local REIA, offering me "Great Deals" that their pocket buyers passed on. Taking advantage of new investors is a real concern, and that did not happen in my Renatus Community.
. Take a close look, several times and you will see the sincerity of our group.
Happy Investing
@Jerrell Alexander Germain
I love their (or their associates) cardboard signs with permanent marker claiming you can make $20k/month as an intern. That's definitely the sign of a legit company.
Some of the education is good, and it does put some info into place that may be difficult to find out; as someone said "You don't know what you don't know." I had never heard of SDIRAs (and by extension, SoloKs). Yes, the info is in BP, but I never would have known to look for it, or about it. Similar with using funds in an HSA.
BUT: when it comes to doing deals, you have to upgrade from Essentials to Advance. IDK what it is, now, but a few years back, it was in the 4-digits to get essentials (they encourage going into debt to get'er done!), and the Advance was in the 5-digits; and they essentially require you to have the Essentials before Advance. It does make sense, in it's way. But if we had 4 or 5 digit figures, we'd be better off either with a REIT, or attending a local MeetUp or the like, and offer to "partner up," and help provide some of the financing, imo.
My biggest issues were that the "mentor" I had, when it came to it, wanted me to bypass the agent I had worked with, and pissed of the agent, who told me the guy was a scammer. Also, when I looked up info for the alleged lender, the number went to an employment agency in Kentucky!
@Mark hill
@Mark Hill Thanks for your insight. I am considering joining too. I am getting frustrated with trying to find the best way to structure deals without the guidance and also finding trust worthy people that want to help. I went to one meeting and was very interested. I am going to go back for the second meeting.
I am financially savvy and frugal, and although I already have two years of experience with two multi-family short-term and long-term residential rental properties, I recently bought a Renatus education package because I found value in the local network and the education itself. I don't know what I don't know and the lessons I learned so far have already paid for itself. A lot of content from other companies don't go into as much detail or don't provide enough value for the cost. I'm previously self-educated but the Essentials package I signed up for has been so far so good that I will be getting the Advanced Investor Training packages soon. I've saved more than I've spent from the lessons I learned in taxes and the more hours I did not have to spend with a CPA. There are things I learned that I'd have to spend countless hours digging through YouTube and BiggerPockets to find something reliable. At least I know the info I'm getting is good.
People are mentioning the (COMPLETELY OPTIONAL) network marketing side of the business but in reality I'd rather a company pay its students to share their experience than spend 70% of their revenue on advertising. You do not have to market the education to become successful in real estate investing; the education itself helps you keep and grow your wealth. That said, I can't help but recommend it to people I meet who want to get involved and do what I'm doing, because they provide a business system that works. Real estate is a team sport and your network is your net worth so the more people you interact with, the more deals and partnerships you can make. That said, I always encounter people who always wanted to get into real estate investing but did not know how nor did they have the time, patience, resources, and self-discipline to do research on their own. Especially for those people I meet, I can now recommend an education service that works.
Renatus is not accredited by the BBB, meaning they did not pay to get the A rating. BBB doesn't take complaints down, they keep it up along with the status and resolution. As in any investment, do your own research and read every review. The company has nothing to hide, and that's one of the things I like about them. I paid for a product and got more than what I paid for, so overall I am very happy with my purchase. Feel free to message me if you have additional questions and I'm happy to provide more clarifying information.