Quote from @Jay Hinrichs:
Originally posted by @Steve Morris:
OOC - How much Mr Khleif want for the info and networking privilege?
Guru Trainer whatever you want to call it all works the same.
you have the come on events that are either free or very cheap.. then they will usually sell a 3 day package that does a little more in depth
and that one can cost 2 to 5k.. then they go for the advanced training and those usually run 20 to 50k..
And for many its worth it.. If they actually have capacity to transact.. but if they do .. someone like you a veteran commercial broker is really all they need.. Someone who is looking to get into that asset space but lacks capacity and knowledge many times can find it there.
and of course majority do nothing. but you will have 10 to 20% take off no doubt about it.. I have been funding students of guru's for 20 plus years in the SFR flip and OOS rental game.. So know it works :)
Also you would be amazed at those expensive boot camps the 40k ones how many real estate brokers sign up and pay for those.. Being a vendor at many of those events over the years ( introduced as a lender or capital partner) I have chatted with many.. Also you will get a fair amount of folks that say just sold their business for some amount of millions and want to learn this stuff and 40k is just play money to them.
And of course you have the others the dreamers who have to put it on CC and go into serious debt to do it.. ( which of course i would never advise to do) but then again Hewlett and Packard started with a 15k loan in Palo Alto so who knows.
Hey Jay. Its hard to not believe that these expensive mentorship programs work. There's podcasts interviewing people who used the mentorship to be really successful in RE. But there's always that skepticism. Could all these people be actors? Making up their life story? Just seems difficult to talk to someone in person whose actually done it. But at the same time, if you could invest 40k now to even possibly be successful then imho i think its worth a try. But man would i feel stupid if it didnt work.
