Any thoughts on the zero to freedom financial course?

[AndyJ]

It is advertised here on WCI. It is put on by semi-retired MD, who seems to be very knowledgeable and pleasant. I have recently started followed the husband-wife duo...but their course is like $2300. It seems steep when there are no references or attestations to the quality that I can find. Do you guys have any input?

[Jim]

Here's the thing.... there is no shortage of real estate "experts" who want to sell you a book or a course. The courses I've seen range in price from $800 to well over $25000. So how do you decide which one to buy, and how do you know if you're getting a good value for your money? Well, a lot of it comes down to the experience and credibility of the seller. Courses sold by successful, experienced real estate investors might very well be worth thousands (although $25000 is a bit of a stretch IMHO).

The zero-to-freedom course might be a good value, but I just don't know enough about the sellers to make a judgment. I don't know how many deals they've done, or what kind(s) .... flipping, buy-and-hold, BRRRR, commercial, triple-net, etc. A fancy website, some testimonials, and even an endorsement from Peter Kim or Jim Dahle aren't enough for me to part with my hard-earned cash.

They may have answered a lot of those questions at the live Q&A they had a couple days ago, but I missed it. So I just don't know enough about them to decide if they're worth it. $2100 is a chunk of change, and I'd need to vet them a little more thoroughly before I'd hand it over. Again, maybe they've done 100 successful deals and their advice is worth its weight in gold, but I just haven't seen the proof yet.

[AndyJ]

Thanks for your response... sounds like you have more insight than I do, but you have the same reservations.

[Lithium]

That two part guest post on PoF didn’t really do them any favors.

[AndyJ]

would you mind elaborating?

[Hank]

Here’s a link to the second half of their two part interview on PoF. (There’s a link to part one at the top of the second article.) https://www.physicianonfire.com/generational-wealth/

[fatlittlepig]

Save your money, why would you want to make someone else richer.

[VagabondMD]

Save your money, why would you want to make someone else richer.

Ditto! Take the $2300, put it in VTI and forget about it for 30 years.

[fatlittlepig]

Ditto! Take the $2300, put it in VTI and forget about it for 30 years.

This the age of internet, information is free.

[Lithium]

would you mind elaborating?

Already discussed at length here:

https://www.whitecoatinvestor.com/forum/real-estate-investing/170506-fast-fire-pof-post

[The White Coat Investor]

It's $300 off today and tomorrow, so about $2K. Since it is eligible for CME, you can buy it with dedicated CME funds or perhaps write it off as a business expense so you're buying it with pre-tax dollars.

It is still an expensive course. It makes the courses I've done at $300-650 look downright cheap. Those that I know who have taken it have been glad they took it, but let's not kid ourselves that it is appropriate for the majority of my readers. It isn't. It's for those who want to do direct real estate investing who really haven't done it much before and are willing to pay someone to teach and motivate them rather than trying to learn it themselves from books and the school of hard knocks. If your time is worth $200/hour and it saves you 10+ hours, then it is should be worth it to you.

But there's no risk here. You can get a 100% refund for the first 3 weeks of the course. If you think it might be right for you, sign-up. If it turns out not to be, just ask for your money back.

Here's my affiliate link: https://www.whitecoatinvestor.com/rental

If you buy through that it doesn't cost you any more, it supports this forum, and you get a signed copy of my course to boot. Good luck with your decision. Whether it's worth $2K to you or not I don't know, but it's not a scam.

[fatlittlepig]

Fatlittlepig frowns on expensive courses hawked by personal finance bloggers promising riches through buying rental properties during record unemployment with unprecedented rent defaults and an upcoming wave of evictions. Just saying...

[CordMcNally]

I went to their website and I got a few good laughs. My personal favorite:

Fact: Investing in real estate can bring in returns of 25% or more per year.

Well, no ************************, Sherlock. You can replace 'investing' with basically anything when you put the word 'can' in there and technically call it a fact.

It's laughable that this qualifies for CME but smart on their part since most people will probably just use their CME money for this course since it is use it or lose it for many physicians.

To the OP: if you really want to learn about real estate then go over to the Bigger Pockets forum.

[Lithium]

I am honestly intrigued by the fact that all these courses have gone to the model of expensive, live instruction by waitlist.

Is that business model really as lucrative as just video recording some lectures and powerpoints like WCI's FYFA and selling them en masse for 25% of the price? Especially when they lose 30-50% through affiliate links, and purchasers are directed to waitlists? Seems incredibly consumer unfriendly.

I'd love to hear from someone who's taken Peter Kim's course. If it was priced more in the FYFA course range I'd probably try it out.

[jacoavlu]

I am honestly intrigued by the fact that all these courses have gone to the model of expensive, live instruction by waitlist.

where did you get that it's live? Pretty sure its pre-recorded videos, with some live scheduled Q&As (which are recorded), and access to a forum or facebook page