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User Stats

5
Posts
9
Votes
Jonathan V.
  • Tacoma, WA
9
Votes |
5
Posts

Renatus, Have you heard of it?

Jonathan V.
  • Tacoma, WA
Posted

Has anyone heard of Renatus? Has anyone used Renatus to get started out in Real Estate Investing? And if so, what was your experience like, with them? 

User Stats

13
Posts
19
Votes
Keegan M.
  • Rental Property Investor
  • Phoenix, AZ
19
Votes |
13
Posts
Keegan M.
  • Rental Property Investor
  • Phoenix, AZ
Replied

Bobbye Benson

Just go into it with a clear mind by really understanding what your goals are and how Renatus does or doesn’t meet that. Remember there is value in figuring out solutions on your own. No course or seminar is going to “solve” anything. Weighing the opportunity cost of where your funds go is just as important as weighing the cost of any mistakes you make. Remember a lot of people have had success in real estate before Renatus or any these guru/“mastermind” groups were ever created. When the markets are hot like they are now, a lot of people switch over to selling these programs because it can be more profitable then actually doing real estate with the increased competition and lower margins. Just ask yourself why a group like this exists and what is their main objective.

I am not affiliated with Renatus in anyway full disclosure. If your from Renatus and your reading this, please do not start a debate with me. These are MY thoughts on the matter. Thank you.

User Stats

3
Posts
2
Votes
Replied

Thanks. I'm heading over to my meeting now. I'll come back with my observations.

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User Stats

123
Posts
35
Votes
Eddie Starr
  • Specialist
  • fremont, ne
35
Votes |
123
Posts
Eddie Starr
  • Specialist
  • fremont, ne
Replied

Renatus is a scam, and a waste of time and money.

I tried them first, when I's getting into real estate. So bad, I went looking for extra info, and came across BP. 

They want to hit you with "education ain't free" "not having education can cost" or other sales pitches. Bunk.

Wasted money on the essentials, and was told by my "mentor" that he'd team with us on doing deals. On one deal, when I'd a Agent to help, the Agent said a lot of what he was doing was illegal. Then, when we lost out on the deal, I was networking with another wholesaler, who happened to get the deal!

Gave me no idea what his "buyers" criteria were, and "Armchair Holdings," or something like that, was a company I couldn't find nothing on, and the phone number went to some employment agency, I think, on the "POF."

I thought I'd found a good REI group off MeetUp, but it's a Renatus scam, which I don't have time for, these days.

User Stats

1
Posts
1
Votes
Replied

Bobbye Benson...... I have been waiting for your feedback. Let us know how that second meeting.....and maybe more, was. 

User Stats

25
Posts
13
Votes
Pablo Hernandez
  • Rental Property Investor
  • Lakewood, CO
13
Votes |
25
Posts
Pablo Hernandez
  • Rental Property Investor
  • Lakewood, CO
Replied

I signed up to go to a Real Estate Investors "Meet up" through meetup.com just to show up at what could have been mistaken for a time share presentation. We had no idea this was a Renatus pitch, which is mostly my fault for not properly vetting this "meet up". 

 We got there and the instructors were almost surprised to see us there, we stepped into a room and they directed us to a different room because they "thought nobody was going to show up".. Skeptical to say the least, my partner and I stepped into the next room in which was the presenter, two of his partners and another "student". (pardon the air quotes... I'll explain) 

We walk in and the presenter introduces himself and his colleagues, asks what we're doing there and then proceeds to go into a 60 minute pitch about real estate investing, what deals his colleagues have made, and how we can learn from Renatus and take the online courses of over 600+ hours to become real estate investors just like them. We make it through the presentation and the "student" raises her hand and says "Can I just say something? this is a no brainer. Sign me up". 

Needless to say, we didn't sign up and left with my partner very upset with me. As we were leaving, one of the employees in the other room and the "student" were laughing together talking about their plans afterwards and somehow knew each other by first name. It felt like a set up. 

I hope someone from Renatus is reading this because rather than taking offense, I'd take this as good feedback to implement with my instructors/employees. This was like a scene out of the movie, from the presenter wearing a suit 5 sizes too big for him to the student claiming to be signing up, this could have been way more professional. I'd also have been much more inclined had the instructors made it more of a relaxing environment, maybe do 1-2 free classes, offer some newbies advice/mentorship then try to reel them in for the 20k you're asking for. As far as their actual classes/materials, I do not know. I just know I don't want to do business with someone who tries to hoodwink or trick me into signing up for something. It reminded me of all of these guru's Brandon and David remind us to be weary of in the bigger pockets podcasts

User Stats

13
Posts
8
Votes
Ken Spence
Pro Member
  • Sacramento, CA
8
Votes |
13
Posts
Ken Spence
Pro Member
  • Sacramento, CA
Replied
@Rebecca Belnap Hi Rebecca I'm considering getting the essentials course too and was wondering how your experience has been since you this post. Is it meeting your expectations? Has the Renatus network/community been supportive? Thanks!
  • Ken Spence
  • User Stats

    1
    Posts
    2
    Votes
    Larry Upton
    • Investor
    • Oak Creek, WI
    2
    Votes |
    1
    Posts
    Larry Upton
    • Investor
    • Oak Creek, WI
    Replied

    I was ask by a friend on mine who is thinking of being an investor to go to a meeting for a new investor group. When I got there it was in a basement of some old office building. Which really did not matter to me but my friend did not like it at all. 

    They had us sign in and then go to a meeting room and wait for the meeting to start. While we waited the guy my friend talked to about the meeting said hello to us. I ask him a few basic question but really did not get any real answers. 

    He just kept saying the person doing the meeting will have them. Well the meeting started and seemed like a normal investor meeting at first. But then the main speaker started talking that is when things went south quick. Come to find out it was for this system. Well they said the normal stuff we are not her to sell you anything. Just giving some things to think about. Then we will start with some investing information. 

    Well after 90 mins of this is how you will be poor when you retire. How you will make all these mistakes unless you pay for training. 

    Then the real sales pitch started. Plans from 2,000 to 20,000 depending on how much you want to learn. 

    Well needless to say as I was walking out not buying or agreeing to anything. The guy who asked my friend to come. Asked me if i had any questions. I said yes i have a ton. But from what i just witness this is not the place to get them answered. He said why? I said because I am not paying 100.00 per question for an answer. He said well it is more like 50.00 an answer and laughed. 

    Well I think that statement in it self says more then what I or anyone else has wrote about this program. 

    They might have answers but it will cost you a lot of $$$$$$$$.

    They are never really talked about investing at all. Which I thought was really funny. 

    User Stats

    1
    Posts
    1
    Votes
    Replied

    So it's my 2nd time going and I'm convinced that all the main people that do all the talking, look, talk and act like something out of oceans eleven.... you take away their suits and they legit look like crooks... I read body language and although they are very charismatic.... they failed my test! Any way with that being said does any one know of a good way to start  real estate period?!

    User Stats

    1
    Posts
    0
    Votes
    Replied

    I am looking for a Real Estate Investors Club in the Greensboro, NC area.  Does anyone know of one?

    User Stats

    144
    Posts
    89
    Votes
    Greg Fitch
    • Rental Property Investor
    • Chapel Hill, NC
    89
    Votes |
    144
    Posts
    Greg Fitch
    • Rental Property Investor
    • Chapel Hill, NC
    Replied

    One of the things I like about BP is they're not trying to sell you anything (except perhaps a Pro membership which I don't mind buying considering how much free content they put out) and they really try to make this site a useful educational tool for investors, free from pitches, gimmicks and gurus. They are professionalizing real estate investing. I would encourage folks to make connections with other investors here and with your local REIAs and MeetUps. You'll benefit enormously from building your own network especially of other reputable investors in your local market and avoiding the gurus. You'll save money and dignity in the process and just be patient - it won't happen overnight.

    User Stats

    53
    Posts
    26
    Votes
    John Moore
    • Real Estate Agent
    • Orlando, FL
    26
    Votes |
    53
    Posts
    John Moore
    • Real Estate Agent
    • Orlando, FL
    Replied
    I must say I was very skeptical of Renatus myself after attending their meetings. I was even more skeptical of the Than Merril program though, which they seemed to be modeled off of. I have been wholesaling for two months now in the Los Angeles area though, and the first deal that I’m about to put to bed was done in partnership with my buddy from Renatus that introduced me to them in the first place. We both did real estate school at Tulane University in New Orleans, so I trust his judgement. He says their system has worked wonders for him. I’m thinking of giving them a second shot after this. However, I talked to an accountant friend of mine and he told me to be wary of the heavy debt based model that they promote that’s based on the use of HELOC’s to build your wealth. He referred to it as a house of cards that could fall at any moment. I think that as long as you separate the wheat from the shaft so to speak when you enter their program (meaning utilize the network and the good advice and discard the bad) you can make a positive experience out of it. I just may give them a try.

    User Stats

    2
    Posts
    0
    Votes
    John O.
    • Rental Property Investor
    • Denver, CO
    0
    Votes |
    2
    Posts
    John O.
    • Rental Property Investor
    • Denver, CO
    Replied

    @Greg I agree with you completely about BP. 

    I was slightly tricked into attending a meeting, one which I avoided going to as I wasn’t in the mood or prepared for a sales pitch. I met with a student (I was unaware they were a student) to “network” and what that really meant to them was get me to attend this Renatus orientation meeting. at this point I am more intersted in taking action and not studying through aformalizsd course for another year. Might be good for some, but not what I was looking for. 

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    User Stats

    102
    Posts
    76
    Votes
    Dominique Pradel-Lewis
    • Investor
    • Pittsburgh PA
    76
    Votes |
    102
    Posts
    Dominique Pradel-Lewis
    • Investor
    • Pittsburgh PA
    Replied

    @Regina Davis  @Alexa Bee  Best way is: the podcasts, the recommended books and networking.  If you check the network tab you can screen for meetings in your area or you can start your own.  You have to start somewhere.

    User Stats

    12
    Posts
    5
    Votes
    Nicholas Dennis
    • Contractor
    • Prescott, AZ
    5
    Votes |
    12
    Posts
    Nicholas Dennis
    • Contractor
    • Prescott, AZ
    Replied

    Hello everyone! I just recently joined renatus with the essentials package. As a new investor, going to their mastermind groups, and starting these classes, is an awesome way to get started. Not only is it easier to hold my self accountable, I’m also gaining an awesome mentor network, and great real estate strategies that I wouldn’t have had an easy time learning otherwise. I was not pressured into paying for the courses by my friend that invited me. Instead he sat down with me and helped guide me to the right path. I think that people that jump into paying for that 20000 do not take time to weigh their options correctly. The essentials package gives you a great toolbox of real estate tools FOR LIFE. And so far I can tell I’ll make that 2000 back in this group no problem. Once I have a stronger portfolio under my belt, im sure I’ll upgrade my package to learn more advanced strategies. I will keep this forum updated!

    User Stats

    10
    Posts
    0
    Votes
    Cecilia Hake
    • Minneapolis, MN
    0
    Votes |
    10
    Posts
    Cecilia Hake
    • Minneapolis, MN
    Replied

    If everything you need to know to be successful in real estate investing is online and through networking, then how come everyone isn't financially free yet? 78% of working people are struggling pay check to pay check...

    User Stats

    211
    Posts
    174
    Votes
    Jackson Pontsler
    • Flipper/Rehabber
    • Salt Lake City, UT
    174
    Votes |
    211
    Posts
    Jackson Pontsler
    • Flipper/Rehabber
    • Salt Lake City, UT
    Replied

    I personally feel that education is the key to success no matter where you get it BP, Local REIA, or even gurus like Renatus. I attended a meeting but felt it was more like a prymid scheme with we will pay you to get your friends to sign up for classes. Overall I have some buddies that are members and they seem to understand some basics but they would have learned the same by just going and doing. I will say there is one thing I strong ly disagree with Renatus teaching which is to offer what ever price you can to get the property under contract and then nickle and time during the due dilligence to get to the price they want (good luck trying to shave off 50k). In my opinion it just gives investors a bad name when people follow such tactics.

    User Stats

    4
    Posts
    0
    Votes
    Replied

    @Dominique Pradel-Lewis Good evening I my self am from long island and was looking for a REIA meetup group for informational purposes and was lured to a Renatus presentation. Can you refer me to any good meet up groups in the long island area? Thank you in advance.

    User Stats

    167
    Posts
    70
    Votes
    Jim Biggs
    • Investor/Syndicator
    • North Aurora, IL
    70
    Votes |
    167
    Posts
    Jim Biggs
    • Investor/Syndicator
    • North Aurora, IL
    Replied

    @John Moore any update

    User Stats

    167
    Posts
    70
    Votes
    Jim Biggs
    • Investor/Syndicator
    • North Aurora, IL
    70
    Votes |
    167
    Posts
    Jim Biggs
    • Investor/Syndicator
    • North Aurora, IL
    Replied

    @Ken Spence @Rebecca Belnap @Bobbye Benson @Jonathan Villegas @Travis Zarelli any updates or feedback

    User Stats

    6
    Posts
    1
    Votes
    Aubree Folkersen
    • Investor
    1
    Votes |
    6
    Posts
    Aubree Folkersen
    • Investor
    Replied

    We joined 3 years ago and were not in a place where we were financially stable. We were renting out our house, living in the in-laws' basement, experiencing medical and other hardships, and had $65K of debt (medical, consumer, vehicle, college, etc.). REI is not for everyone—it is definitely up to each person, their dedication level, mindset, and choice. For us, we felt it was the right thing to do and took the leap. We were ready to get out of our situation and get into a better place. The company offers interest-free payment plans that can be paid off early, without penalty. There is also a cash discount option, if you can come up with the funds upfront. There are different levels of the education. We started off with the lowest, Essentials (taxes, credit, debt payment, etc.), and jumped all-in after we started the courses and saw how beneficial they were to us (business management, advertising, all types of real estate investing, funding, etc.). We, personally, did the interest-free payment plan and there is no credit check. They fund it, solely, because they believe in what they teach and the success of others. We paid off the education, plus our $65K of debt, in 11 months with what we learned. We were able to get out of the basement, move back into our house, later sell it, and made double what we bought it for (without paying capital gains). These results are our own and not a guarantee for anyone. Everyone has the power to work hard, get out of their situation, and live the life they want, though. There is support within the company, coaching, and you can even attend some classes and meetings for free before deciding to join. For us, it was worth it. To anyone considering, I would say do your research, run the numbers, decide your dedication level, and follow your gut. For us, it didn't steer us wrong and has been the best thing that's ever happened to us, to this day.