I am posting on behalf of my dad who had some questions about Lifestyles Unlimited. I found multiple posts from a few years back but none that were very recent and/or that answered the questions my dad has. He is specifically interested in knowing what specific time/administrative labor investments come with being a "passive" investor.
1. For those in the highest tier (or know about it), can you give a general description/example of how the process goes in terms of if you have to fill out a lot of forms in order to invest in properties (and if so approximately how many) and what amount of time you spend a week on your investments? (both initially and after investing, such as if you are required to handle any sort of administrative or physical maintenance).
2. Because the program is about educating people on investment properties, does that mean one will have to spend time searching for properties on their own, using the methods/advice provided? Or are there tiers (such as the highest tier) in the program where a Lead will just say “Here’s the properties I recommend” and all the member has to do is choose what they want to invest in?
Context: My dad has assorted health issues that limit his physical abilities and does not want to fill out forms or devote much time beyond discussing things with a Lead, reading over anything he’s signing, and sending a check. He does not have the bandwidth to fill out lengthy forms, search for properties, or any sort of administrative work. He keeps hearing the term “Passive investor” and is optimistic that Lifestyles Unlimited will provide such an opportunity. (I personally would assume there would be forms to fill out at the very least, but, he asked me to ask these questions for him.)
Thank you in advance for your time.
