Sorry to revive an old thread. I paid half for the 3-day training about two months ago before I met BP. My hope was to get some systematic knowledge. I am okay with the cost and finally finished the class today.
There are a few highlights:
1. It isolated a few strategies useful for my local market. I think the information helped me to focus.
2. I got the opportunity to have a REO list and actually headed out to knock a few doors. There were some stories there. Very good experience. I wouldn't have tried it if not for the chance from the class.
3. Since I signed up the class a while ago, I have learned a lot and been faithfully listening to the podcasts. So I was prepared. I could catch some useful keywords/terms. They intentionally entice the students so they wanted to buy more. But once I got the keywords, I knew where to go (BP, of course, and books).
4. The instructors are generally very nice and they clearly put a lot of effort in it.
However, they are 100% there for selling more. The entire lecture is strategically planned to stimulate the emotion and promote to buy. Are they selling something with value? Yes. Are the products expensive? You bet. I wouldn't say anything wrong with it (just my personal opinion, and I acknowledge that you might have an opposite opinion) - it's their business.
The sad part is the people. The lady next to me is planning to spend 51K for the whole training upcoming. Unbelievable!!!! I told her about the BP and the calculator page. She just believed her new life would arrive after spending $51K. I showed her the BP website and suggested her to pay after finishing all the podcasts. She told me for more than 150 episodes that would take too much time. I told her about the book on flipping house and got a rejection. The guy next to her owns $170K student loan, but all pumped up to buy....
Really? 51K??
I am sure to some people the class would be useful, but only if you did due diligence to make sure there is no other way. I mean if I have to have my $51K spent, I would have tried a few strategies from the podcasts and probably would have one or two properties that cash flowed (outside of San Diego). ...51K? seriously???
My advice - be careful!
