Quote from @Evans Debeza:
Hi All,
I am new to real estate investing and am looking for ways to help help me expand my knowledge and experience in the business as I look to grow my portfolio (currently have two properties, one ground-up, one flip & rent, both totaling 5 rental units). I Have been greatly enticed by The Flipstress, but can't help but think it's a scam??? I get super paranoid about these things, especially when there is a lot of money involved. It's either a great investment, or a complete scam. But I wanted to get some honest feedback of people who have experience with her program, or know people in it.
Thanks!
I joined the program in November of 2022 after doing a zoom meeting with the sales team. I told her, I only need to make $50k this year, and she was like, that will be "easy." I figured a $8k investment was no issue if it was going to be easy to make $50 within the year. That was not the case.
I agree with @Tara Charlton that the basic information is useful, but I too, got the most value from connecting locally with my REI meetup groups. I also agree that the "coaching" is not great and there is no space to critique the concepts or express any form of dissent. There is a lot of throwing your questions back in your face and what felt like yelling through the keyboard. She appears so dang cool and friendly on the podcast, but my feelings were genuinely hurt on multiple occasions in the FB group by the coaches responses to my honest questions. I would have given them this feedback directly, but they are so defensive that I figured it wouldn't be received well and I'd be wasting my time.
Another woman connected with me via FB to get my opinion on the course and she told me that her salesperson said that all the women who go through the course are 100% successful. Yeah, nope. I think less than half of the FB group even posts at all. I can personally vouch for two other women in my city who were in the course. It's been nearly a year and neither one has bought a house. The one has been hustling hard just like I have, and the struggle is real. But, if you struggle in the group, you'll have your butt handed to you. If you're not successful, it has nothing to do with real estate in general, your specific market, or interest rates, or a small personal REI network, it's that YOU aren't doing enough. I had a couple other women from the group reach out to me and they felt the same way. I'm grateful that other real estate experts online can at least validate that real estate investing is being affected by current economic events.
Anyway, I do not recommend Debby DeBerry's program. I'm super sad that such a great idea and content is damaged by the quality of the leadership. But, I'm happy to help you in any way I can if you want to connect and talk!
