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All Forum Posts by: Keith Pinster

Keith Pinster has started 4 posts and replied 26 times.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:

Out of curiosity, have you ever been through the briefing videos?  If you are interested, check out this link: https://krp.invest-in-re.com/

There's no commitment, it just goes over what Renatus is all about.  

Post: LTV options for a 3-unit Investment Property

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18

If you want to get as much as you can with the best options, you should keep shopping.  It can't hurt.  Sometimes it takes a little legwork to find the best deal.  Every FI is going to have different terms and requirements, so it's best to get as many options as you can before making the final decision. Just keep in mind that a lot of those may have expiration dates, so try to gather all this info as quickly as possible so you aren't considering stale options.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:

You have student loans, I have a truck loan and 2 house loans.  Everyone has debt.  Renatus teaches you how to get out of debt.  Your student loans are no different.  Go to the Scott Rowe meeting.  (By the way, Scott is the top of the group I'm in.  I've met him personally.  He's been to my local office to talk to us and I met him personally at our Nationals meeting in Utah a couple of years ago).  

There will be a ton of people at that meeting.  Many new people, but also many regulars.  Go talk to people.  Ask about the person who invited you to the meeting.  Ask to talk directly to other people under them away from the meeting, without the person there.  If you aren't comfortable with that person, find someone else.  If you do that, there will be a "process" because once you are invited, you are locked under that person for a short period of time.  That is for good reason.  It prevents people from "sniping" other people's recruits and keeps things on the up and up.  But, if you aren't comfortable with the person, that is perfectly understandable, too.  Trust me, Scott would NEVER force you to work with someone you aren't comfortable with. 

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:
Originally posted by @Keith Pinster:
Originally posted by @Tim Yang:

Do you think $20,000 for a Renatus education is expensive? Look at it from the average consumers perspective.  

Well a rep told me to take a line of credit to pay for the $20,000 education. I said no way because I couldn't tell if I could keep him accountable. I'm looking for a mentor, not someone who just sells me an education and go through live classes. I want someone to invest their time in me. I felt like these reps were just looking for a commission. This is MLM to me. I'm not the recruiting type. I strictly want to learn REI and hopefully the knowledge and mentoring I gain will help me be on my own one day. $20,000 is a lot to me. I would rather much take education and then pay it back on my first couple deals. That way it keeps the mentor accountable. Paying upfront makes me nervous. I need to know I'm not being played. $20,000 is a big investment.



No, I don't. Before I joined Renatus, I did 2 RE deals. Between them, it cost me about $70k. COST me about $70k. Had I been part of the Renatus community, they would have cost me between 1/4 and 1/2 that. Probably even less because I wouldn't have even gotten into 1 of them.

Renatus isn't just education. It doesn't just teach how to structure your businesses for maximum protection. It doesn't just teach how to minimize your tax liability. It doesn't just teach multiple paths of income. It doesn't just teach how to pay off your house in 1/3 the time and save tens or hundreds of thousands of dollars in interest. It doesn't just teach what to look for and what to avoid in your real estate deals. It provide community. You become part of a team that looks out for each other, that helps analyze not only deals, but situations. Buying the education gives you a mentor for the rest of your life. It gives you continuing education. It gives you motivation.

You people seem to think that when you buy into Renatus, you are just buying a bunch of CDs like all the other fly-by-night REI gurus. But Renatus is exactly the opposite of that.

People think that money buys you happiness. They are wrong. As my bother says, it doesn't buy you happiness, it buys you OPTIONS. It buys you OPPORUNITIES. Renatus is the same thing. With the Essentials (which are only $2500), it teaches how to save $100,000 in interest on a $200,000 house with no extra money put into your budget and without changing your lifestyle. Do you REALLY think that saving $100,000 isn't worth $2,500?

Renatus pays for itself, EASILY, within the first couple of RE deals. So, no, I don't think it's expensive, even at $25,000.
  

One other thing.  Sure, you can attend "live trainings". (I put that in quotes because with the Bubos, they haven't let people attend the live sessions, but I think they are starting to open that up again), but EVERY training is recorded, so you get to watch them as many times as you want to.  Then, as I said, there are study groups for every strategy.  And the recordings are updated on a regular basis.  Mark Kohler updates his Tax and Legal class every year to make sure we have the latest tax info.

So, here's a question for you: how do you expect to get a mentor that would walk through a dozen different investment strategies with you (that you can trust knows what they are talking about with EVERY strategy)?  Do you think you'll find someone who will teach you for free?  It has happened and if you find someone who will commit to you and hope you will eventually pay them back, that would be great.  But do you have any prospects in that area?  Have you been talking to any full-time investors who are looking for an "apprentice"?  How long are you going to wait to see if you can come across someone like that, that you know you can trust and you know knows everything there is to know about every investment strategy there is? 

If you buy the education, the people who recruit you will be at the meetings that you attend.  They will have to see you every time.  Their reputation is on the line with your local group.   The group leader has a vested interest in keeping everyone in the group happy and active.  If you make money following Renatus training, you are likely to tell others about it, even if you don't want to "sell".  Renatus doesn't advertise.  The ONLY way they sell their education is through the people who use their education.  If they don't have a reputation for providing excellent service, their business dies.  Bob Snyder actually DESIGNED the company that way.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:

You don't have to pay all upfront.  They have a payment program. Your mentor only gets the commission as long as you continue to pay and you only get access to the training as long as you pay.  Additionally, you should get the name of your mentor's 5-star and, if your mentor isn't doing his job, go up the line to that person.  

I just went to a "retreat" (it was a camping trip up at Cochise Stronghold) where the leader in my area had a sit-down with me about my 5-star.  He's been MIA for a few months.  To be honest, I really don't need much "managing", I'm busy rebuilding the house I'm in and I've bought 3 properties since I joined Renatus a year ago, but my leader was concerned that my 5-star wasn't giving me enough attention.  He even explained how I could move to someone else if I felt the need.  

In my experience, the support is amazing.  Everyone that I've met is more than happy to help me in any way they can.

What town are you in? I'm currently in Tucson, but moving up to Portland, OR in a year and intend on opening an office up there.  I know there are some Renatus folks there, but not a really strong presence and I intend on changing that.

I spent years digging through YouTube and buying books. I've learned 10x more about REI in the little over a year that I've been with Renatus than I did in the 10 years before that. My investment strategy (what we call our "Investor ID") has changed significantly since I started with the company. The clarity I've acquired is amazing and has instilled a ton of confidence in my REI dealings.

Hell, the leader of the Tucson group, last year, asked to borrow some money for a RE deal he was doing.  I contributed $20k.  8 months later, he gave me $27k back.  That's about a 35% return on my money and I didn't have to lift a finger.  Just that one deal gave me 1/3 of my Renatus investment back.  

If you are in an area with even a mildly strong group, you don't just get your one mentor.  EVERYONE in the group will help you out.  We get FREE study groups several times a week that we can attend via Zoom from all over the country.  We have both generalized meetings where people will overview different strategies and other meetings where people dig deep into specific strategies.  And it's not just "sit and listen", you get to ask as many questions as you want.  During the retreat, people were actually kind of giving me crap for NOT attending enough meetings.  

By the way, the cost just went up last year.  It's now $2500 for Essentials and $25,000 for the AIT.  If you want to experience it, just pay the $2500 and get the Essentials.  Experience the training, experience the group you are involved with and see how it goes.

BTW, being an ICM is TOTALLY optional.  It's just another way to make money.  You don't want to sell the education, don't do it.  It's just another way to make money.  And it's not for everyone, and that is perfectly fine.  Like I said, just what you will learn about how to structure your money will easily pay for everything and then some.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:

Do you think $20,000 for a Renatus education is expensive? Look at it from the average consumers perspective.  



No, I don't. Before I joined Renatus, I did 2 RE deals. Between them, it cost me about $70k. COST me about $70k. Had I been part of the Renatus community, they would have cost me between 1/4 and 1/2 that. Probably even less because I wouldn't have even gotten into 1 of them.

Renatus isn't just education. It doesn't just teach how to structure your businesses for maximum protection. It doesn't just teach how to minimize your tax liability. It doesn't just teach multiple paths of income. It doesn't just teach how to pay off your house in 1/3 the time and save tens or hundreds of thousands of dollars in interest. It doesn't just teach what to look for and what to avoid in your real estate deals. It provide community. You become part of a team that looks out for each other, that helps analyze not only deals, but situations. Buying the education gives you a mentor for the rest of your life. It gives you continuing education. It gives you motivation.

You people seem to think that when you buy into Renatus, you are just buying a bunch of CDs like all the other fly-by-night REI gurus. But Renatus is exactly the opposite of that.

People think that money buys you happiness. They are wrong. As my bother says, it doesn't buy you happiness, it buys you OPTIONS. It buys you OPPORUNITIES. Renatus is the same thing. With the Essentials (which are only $2500), it teaches how to save $100,000 in interest on a $200,000 house with no extra money put into your budget and without changing your lifestyle. Do you REALLY think that saving $100,000 isn't worth $2,500?

Renatus pays for itself, EASILY, within the first couple of RE deals. So, no, I don't think it's expensive, even at $25,000.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Tim Yang:

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Sophia C. Wiencek:

Total SCAM! This is a pyramid scheme. All the info they sell on their "educational" programs you can get FOR FREE. They are selling it to you so they can make a commission off of $20k. Total waste of your money and time. 

 What? Do you mean sales people expect to get paid for all their work?  How horrifying!!!  Or are you saying NO ONE should be able to make money off of their efforts?  Do YOU work for free?  Of course you do.  If you didn't, that would be hypocritical!

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18
Originally posted by @Sophia C. Wiencek:

Total SCAM! This is a pyramid scheme. All the info they sell on their "educational" programs you can get FOR FREE. They are selling it to you so they can make a commission off of $20k. Total waste of your money and time. 

You haven't read a thing that anyone else has written, have you?  Somehow, your ignorance of how anything works is proof that it doesn't work?  Sometimes, the arrogance of people is just astonishing.

Post: is Renatus the Real Deal or a Scam?

Keith PinsterPosted
  • Rental Property Investor
  • Tucson, AZ
  • Posts 26
  • Votes 18

Tim Yang - So, let me get this straight... you think that no company should ever have to spend even a dime on advertising.  Really?  So you get more deals than you can do without spending a dime on any business cards, letters, or anything else?  You have people just flocking to your door to sell you their properties without you ever having to advertise?

And any company that actually spends money on advertising is automatically scamming people?  Do you even understand how capitalism works?

"other half goes straight to the person selling you the course." -- And here you are saying that sales people should work for free?  That no one should ever be compensated for putting out the effort of building a community of people who all work together?  Isn't that a little naive?  Do YOU get paid to work?  If so, why do you think other people shouldn't be allowed to get paid to work?