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Updated 3 months ago, 08/30/2024
is Renatus the Real Deal or a Scam?
There is nothing new under the sun. Everything they teach is available for free. The question is what "invigorates" you? If you aren't self motivated, this isn't the road for you. If you are self motivated, find someone to Joint Venture with. Use that money to invest and learn along the way. You can of course, use the "Search Feature" above and find tons of info on Renatus.
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals. I have also purchased training from Attorneys and CPA focused on real estate.
I also learned that Renatus is more like multi level marketing where you are then asked to sell this education to other people to recover your cost. That makes me think it's a scam.
Besides what Mike S. said above, a company whose sales plan of their “education” is partially built on how many paying “students” you bring in after yourself, is immediately not anything but an MLM-like business to me.
I was invited to attend a meeting sometime ago - not yet knowing what company was behind it. Once I heard about the “pipeline” incentive to get my $20k “back,” I’d heard enough.
My apologies to anyone who may be promoting/backing the company here, but - from its incentive structure, where you benefit, even if not directly - your words are immediately suspect to me.
A quick web search turned up the information that it is a pyramid scam run by a guy who has already been shut down by the cops for running similar scams.
Take the $20,000 and buy a house. You will learn more in 6 months than those bozos could teach you in 10 years.
Renatus will give you exactly what you put in. If you treat it like a business, you'll make money, if you treat it like a hobby, it'll cost you money. I treated it like a hobby for the first three months and it cost me money. I started taking it seriously and I'm starting to make money. It is not a get rich quick scheme and it is not easy money. It requires time and effort and from that investment, you will be rewarded. Anyone who tells you otherwise, didn't put forth the effort or they tried to reinvent the Renatus model if they marketed the product. People have a way of not being honest with themselves and blaming everything but the responsible party. Good luck!
@John Alward It’s been over seven months since you said that you started to make money with Renatus. Your thesis was that, to paraphrase, “you get what you put into it.” My thesis before yours was that any company that requires me to put in $20,000 before they share their knowledge with me - and also tells me that I can make money with them by bringing in other paying people - is suspect. I am a skeptic - don’t want to contribute to people becoming victims.
I am still seeing “real estate investor looking for trainee” pirate signs around different towns - no idea whether it’s Renatus.
Are you making money with Renatus by doing real estate deals that you would not do otherwise? Or are you still at the phase of bringing in other students?
Thank you.
I bought in at the lowest tier after avoiding my friend for a few years. For many of the reasons listed above I will not sell it. I'm not exactly new to realestate, but I still feel really inexperienced. I grew up with parents who did realestate, own a few properties and help manage a commercial property. All that being said, I purchased in an area that has an active community of honest and motivated individuals. I think this is key. It's not part of the "education package", but it's a great bonus if you're fortunate enough to be by a community. The larger offices Livestream monthly trainings for a reasonable fee. I recently watched a full day training with Garrett Gunderson. Sure, all of the stuff can be found for free, or relatively inexpensive through books, but I am someone that does better with a little structure. For all of you dying to know what's in the secret sauce... Or what the classes are all about about, just check out the books and YouTube channels of the instructors. They are all at the top of their game in what they do. Overall, I'm happy with my purchase and the things I've learned have already saved me more than what I paid. Hope that helps answer the Renatus question once and for all.
Glad I saw this thread. I was invited to a "free" all day seminar. But I always check someone out first. Plus there's no one spending their time like that without expecting something in return. I've been in real estate around three years now, mainly as a landlord. I check out a bunch of Youtube and Facebook stuff. It's obvious, the money isn't in Wholesaling, Landlording or whatever. The money is in educating yourself and selling yourself as a "go to" person for answers. Then take that money to buy property with cash. That's not wrong or illegal, its just what I see. Why would someone making $100k a month take the time to teach so much free content? Because down the line they expect you to buy what they have for sale. Which in turn ups that $100k to maybe $150 or $200k a month.
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Originally posted by @Alpesh Parmar:
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals. I have also purchased training from Attorneys and CPA focused on real estate.
I also learned that Renatus is more like multi level marketing where you are then asked to sell this education to other people to recover your cost. That makes me think it's a scam.
well maybe not a scam but a pyramid.. or MLM..
- Jay Hinrichs
- Podcast Guest on Show #222
Originally posted by @Jay Hinrichs:
Originally posted by @Alpesh Parmar:
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals. I have also purchased training from Attorneys and CPA focused on real estate.
I also learned that Renatus is more like multi level marketing where you are then asked to sell this education to other people to recover your cost. That makes me think it's a scam.
well maybe not a scam but a pyramid.. or MLM..
I consider pyramid/MLM a scam. :)
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#5 All Forums Contributor
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Originally posted by @Alpesh Parmar:
Originally posted by @Jay Hinrichs:
Originally posted by @Alpesh Parmar:
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals. I have also purchased training from Attorneys and CPA focused on real estate.
I also learned that Renatus is more like multi level marketing where you are then asked to sell this education to other people to recover your cost. That makes me think it's a scam.
well maybe not a scam but a pyramid.. or MLM..
I consider pyramid/MLM a scam. :)
to me scams put you in jail.. MLM pyramid just bad things to get involved with for most consumers.
- Jay Hinrichs
- Podcast Guest on Show #222
Originally posted by @Jay Hinrichs:
Originally posted by @Alpesh Parmar:
Originally posted by @Jay Hinrichs:
Originally posted by @Alpesh Parmar:
Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals. I have also purchased training from Attorneys and CPA focused on real estate.
I also learned that Renatus is more like multi level marketing where you are then asked to sell this education to other people to recover your cost. That makes me think it's a scam.
well maybe not a scam but a pyramid.. or MLM..
I consider pyramid/MLM a scam. :)
to me scams put you in jail.. MLM pyramid just bad things to get involved with for most consumers.
Agree
In my personal opinion, it is certainly not worth 20K. That is disgusting. There are VERY FEW in their community that are actually making money in real estate. They all just sorta worship Bob Snyder. Really weird, kinda feels culty.
I've been to a few of their meetings. Personally, I don't think it's worth it. Take that 20k and apply it towards your first deal. If you make money, great! If you break even, consider a free education. If you lose a little, consider that as your payment for your education.
You'll learn a lot more actually doing it than you will with any amount of education IMO
I'm also just not a fan of MLM in general. Why pay $20k when you can join a local REIA for a fraction of the cost and meet with wholesalers / realtors to funnel tons of leads your way?
I will be honest....the lead generation that they do is better than anything they teach you in agency.
Other than that dont know. But chances are if you are asking the question....then you already have your answer for you.
And thats the right answer.
Im not in renatus by the way.
Any good opportunity can attract bad apples, but here, they don't last because the culture is being of service and making a difference. People that are just out to fill their own pockets don't fit in - we don't have to take advantage of people
to make money in real estate. There are a lot of investors out there that take a lot and don't create the best places to live or contribute greatly to neighborhoods. Renatus is out to change that. Marketing the education is optional, and I believe it is one of the most humane ways to compensate an independent business owner. The product is the best in the industry and is worth way more than the investment. Upselling here is a thing of the past, the knowledge is constantly updated and new knowledge gets added at no extra charge because of the lifetime access of the program. Entrepreneurial ecosystems are being created all over the country to foster local expertise and resources. Fastest growing company 3 years in a row now - blows away the school of hard knocks. One $20K deal and you just got your money back. Real estate is playing big - just hiring the wrong contractor can easily cause us to lose $20K. I'd rather learn from other people's mistakes than make them myself. Even the savviest of investors have joined Renatus and share stories of gratitude http://3030-vision.com
I'd like to chime in on a couple of the common misconceptions that a lot of people here seem to have, both with education in general and with Renatus in particular.
First, the concept that Renatus is MLM. People say this because they don't know anything about it. It is not "multi-level", therefore can't be an MLM. Sure, they allow their students to market their education product and pay them handsomely for that effort. So what? Every company out there markets their product. Does it make it a "scam" just because they use the people who have been through their program? That's like a company that does software development giving employees a bonus for referring other good programmers automatically makes the company a "scam". Again, people don't understand it, but they think their opinion means something regardless.
Second, from what I've seen, Renatus provides *COMPREHENSIVE* education tracks on particular subjects. Can you learn all this info for free, on your own? Probably. But how long will it take you? How thorough is that education? You can become a brain surgeon on your own without medical school, too. How many YouTube videos do you expect someone to watch before they start cutting into your skull? How many books do you think you would need to read before you become a structural engineer?
Here's a thought experiment: Let's say that you think you know enough to get started. You jump into some aspect of real estate investment and in your first year, you make $50k. Not bad. But what if you missed HUGE opportunities or made some really rookie mistakes (I'm sure the people who say "do it on your own for free!" never made any rookie mistakes, right?)? What if you had gone through the Renatus training and you learned enough NOT to make those mistakes and, in doing so, you would have made $80k that year? Would that $20k in education have been worth it? What if you were able to double what you did and make $100k that year? Is that $20k worth making another $30k?
I just turned 58 and when I was 55, I got my bachelor's degree in IT/Software Development from WGU, which is an online, self-paced university. It took me just over 3 years to go through a 5-year degree program while working full time. Trust me, I know how to self-study, I have plenty of motivation and drive and I'm not the dullest tool in the shed. But I don't know how to determine when I've had "enough" training to be relatively sure I'm not going to make a very costly mistake.
Can you make a lot of money in real estate? Sure. Can you lose a lot of money in real estate, if you don't know what you are doing? Ask these people who are encouraging you to "self-study" for free. You get exactly what you pay for.
Here's another thought: What if you are in the middle of a flip and you come across a problem with your roof? You don't know any roofers, so you just pick one out of the yellow pages (yeah, I'm showing my age) and they got 1/2 way done and then went to do another job and it rained, destroying your roof? Now imagine if you were part of a *COMMUNITY* of investors that go out of their way to help one another? You need a roofer and one of them says, "Oh yeah I know a guy. He's done the last 3 of my properties. I'll hook you up!" Do you think you could save $5k in that instance? $10k? $15k? How many of those would it take to recoup that $20k you spent on training?
I've been trying to break into real estate investing for a long time. I've gone to several of the "sales pitch" seminars and seen the cons from up close. I've done 2 real estate deals that cost me almost $100k because I didn't have the education and the community support.
I don't know how many books you've read on real estate, but these people in this thread that are telling you to go it alone and never pay for anything that you can get "for free" have clearly not read or at least understood any of them that I've read. One of the most common threads in the books that I've read is "BUILD YOUR TEAM!!!" Buying into Renatus is buying into a team. It's buying into a community of people who want to help each other.
I belonged to a REI in Portland, Oregon. It was NOTHING like the Renatus team I'm currently getting involved with. The "education" that was presented at the REI meetings were little more than sales pitches, giving people just enough information to be enticing to go buy their education system and just enough to be extremely dangerous without the rest of the training. With Renatus, when you buy in, there is no up-selling, there is no "pay a little more to get a little more", there is no "you bought the system 3 years ago, so you have to buy it again to get the newest stuff". You pay the ONE TIME fee and you get everything for life. And you get all the NEW stuff, as it comes out, for life. I just went to a meeting last night where the leader was saying that the tax and business classes are remade every single year because the tax laws change every year. Are you willing to go search for TAX LAW information on your own ("for free") and expect to understand the newest changes every year? I don't know about you, but that seems ridiculous and extremely dangerous to me.
Hi @Rodger, you want an unbiased opinion about it? Here's my experience:
I attended a few Renatus meetings and was extremely skeptical. However, I have tried for YEARS to get into real estate, and every time I was either convinced I could do it on my own and read many books about it, or watch YouTube videos on it. Where did that get me? NOWHERE FAST. Or even worse, I considered attending a "workshop" (aka spend 40k on some fly-by-night HGTV wannabes) for a weekend! All the conflicting information made my head spin and I took no action whatsoever.
Turns out, getting into real estate is not only risky, but it's worth having an education by industry experts (no, I'm not talking about HGTV shows, more like people who have thrived for years and share their knowledge). Plus, you will not only need to know how to invest, but you will need to learn how to bank differently, leverage your credit, pay taxes differently, run a business, do negotiations, etc. Sound overwhleming?? Yes. So I decided to take one small step and get my Essentials course from Renatus, which wasn't a huge amount of money.
It was the best decision I ever made, and I am not saying this lightly. Me and my husband have been in Renatus for 7 months. We go to study groups with other members, discuss deal after deal with one another, and are able to access our instructors. Within the next two months, my husband and I will be opening our first Airbnb in Denver, CO and we hope to be obtaining our second property within a year or so.
Truly it is all about where and who you get your information from because look at it like this: I could watch a Youtube video and read books about heart surgery. But would I feel competent performing surgery on someone without an expert's guiding hand? NO! Think about it like that with REAL ESTATE AND RENATUS.
This is only my experience. I hope this helps!!
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.
Funny thing I got an email from them saying when was a good time to chat, they said in response to a meeting I went to. Don't even recall that lol.people always say free info available if that is the case then why are so many not doing more deals and I see people posts that they can't find good deals etc..guess the free education isn't working so well lol.
I just got invited to a "meeting" by a guy I met here on BP. We had a couple phone conversations and I feel the way he conveyed the image of what they do to be very misleading. I drove 2 hours to said meeting this morning to walk into a room full of cheerleaders in suits, upbeat music and people dancing around like idiots. Then they put some young guy up front for an intro cracking corny jokes and telling us he now makes so much money he legally can't tell us what he makes! Oooh I was so impressed! Then some other goon gets up and tells his rags to riches story, even poking fun at Amway for doing the same smoke and mirrors tactics to get members as I had just been subject to. Everyone in the audience was far to enthusiastic, I began to wonder how many of us were actually being pitched to and how many were planted in the audience to make the rest of us feel like we were missing the boat. 30 minutes was enough. If you have to lure me there and then try that hard to hype me up then whatever you are selling isn't worth it. They can have it.
Hello BP community ! Just a quick clarification for all that put the weight in their feed back as the "EDUCATION".
Before i start I DON"T SELL NOTHING TO NOBODY < JUST MY EXPERIENCE IN THE DAVIE, FL COMMUNITY!!!! If you see it / or experience a different way well i sure is possible! However I am not a "Cheerleader" and i wont be one , but i learn to cut to the noise and find the best of each situation ! so here we go the results
YES Renatus is an Education company and yes it cost money and perhaps you could find at least 50% of the info online... But you are all missing the point in Here .. you are not paying just for the Education/ Information you are paying is not just for the education (Even if all their instructors are Accredited Investors/ Practitioners , and they are making the money in the same field that they are teaching **** Google any of the names in the list and you will find successful business owners, lawyers, CPA, Financial Advisors , ) is for the communities (more the 40 + communities deal all over US) . You are paying for the support oft he Company communities and even more... ( Contacts, forms, properties, all successful members cell phone ( my fav one - any time o got a question i got a local person can meet me and check on the deal together ) ( JV for deals) .. or EPIC E.ducation , P. roperties , I.come , C. ommunities . .. And yes you could invest the money for a deal ... but lets be STRAIGHT . with 2k you get the basic education / foot in the door. How many deal you can get with 2k? let me just tell you like this i paid 2 k.. the first 2 mo i recover my money with their Referral program and last and most important i got 2 deals as flip and 3 wholesales in 2 year all inside of the community ) all of you just ... PURE MATH! ... Give me you feedback i got plenty of Proven facts and Tax Returns to prove every work i said
Originally posted by @Claudiu Peter:
Hello BP community ! Just a quick clarification for all that put the weight in their feed back as the "EDUCATION".
Before i start I DON"T SELL NOTHING TO NOBODY < JUST MY EXPERIENCE IN THE DAVIE, FL COMMUNITY!!!! If you see it / or experience a different way well i sure is possible! However I am not a "Cheerleader" and i wont be one , but i learn to cut to the noise and find the best of each situation ! so here we go the results
YES Renatus is an Education company and yes it cost money and perhaps you could find at least 50% of the info online... But you are all missing the point in Here .. you are not paying just for the Education/ Information you are paying is not just for the education (Even if all their instructors are Accredited Investors/ Practitioners , and they are making the money in the same field that they are teaching **** Google any of the names in the list and you will find successful business owners, lawyers, CPA, Financial Advisors , ) is for the communities (more the 40 + communities deal all over US) . You are paying for the support oft he Company communities and even more... ( Contacts, forms, properties, all successful members cell phone ( my fav one - any time o got a question i got a local person can meet me and check on the deal together ) ( JV for deals) .. or EPIC E.ducation , P. roperties , I.come , C. ommunities . .. And yes you could invest the money for a deal ... but lets be STRAIGHT . with 2k you get the basic education / foot in the door. How many deal you can get with 2k? let me just tell you like this i paid 2 k.. the first 2 mo i recover my money with their Referral program and last and most important i got 2 deals as flip and 3 wholesales in 2 year all inside of the community ) all of you just ... PURE MATH! ... Give me you feedback i got plenty of Proven facts and Tax Returns to prove every work i said
OK...I am convinced. Please provide an address so i can sent you every dime I have. HA!
This is my opinion , you can have yours, how ever this is not sending every dime and neither about the payments, i am sure what community you went but before taking any decision i would like to invite you for free to the communities we got in Davie, FL or Miami .
!!!!! No commitment need it and not money at all just come see , understand the community from a different prospective, not only that i can tell you the deal we made in the community., I will show the the physical location , concrete structure we do, money spend on HUB , money Made on HUB (next time ask to show HUBS those are public records and will not interact with the law) We have a book with all deals made in the community ... and you check, verify every single transaction!
I can take to deals to see what i do ( process of making an offer) we are local and we do local deals .
So now the question is how bad you want to learn real estate ?
I don't think it's a scam, but it's expensive. Commission is 50%. Last time I checked, their most expensive course cost $20,000. In my opinion that means it's really worth $10,000 because the other half goes straight to the person selling you the course. I don't like that. Do they just want their 10k or do they actually want to help me succeed? My advice is educate yourself by learning online and connecting with multiple of investors willing to give you tips. $20,000 is way too expensive in my opinion.