Hi everyone, i was thinking about going to david lindahl’s boot camp when i get home from Iraq… i was wondering if anyone has ever been to one of them and if it would be worth my time and money?
I was thinking of going there, myself, either this month or in July. I’ve got the money, but I’m just wondering if it’s worth it.
I’ve been and in my opinion Dave doesn’t teach you everything to do deals. he gives you some very basic options and then spends the rest of the time bringing in other speakers to sell you.
I’ve been doing a lot of research on buying apartment buildings and other commercial real estate and a friend of mine went to Tony Minnuto’s boot camp and within 1 month was able to buy a very large apartment building with no money at all including without private lenders.
I haven’t gone yet but I’m on the waiting list to get into his boot camp.
His website is www.passiveincomerealestate.com
I’ve been doing a lot of research on this guy and his proof on the website is more then any other speaker has shown.
Hmmm. I’ll check that site out and look into it. Because I definately plan on gettin into multi-family/apartment houses once I get more experience in real estate and get more capital.
You don’t need a bootcamp to operate multi-family buildings. If you can do SFHs, you can do multis. There are no secrets to multis. What do you expect to learn?
Do a cash flow analysis and then buy if it makes sense. It really is just that simple.
Mike
Best ways to find the properties for the best deals, what to look at when performing due dilligence, best ways to raise the capital to buy the properties, and probably some other stuff I’m forgetting.
Sure, you could go though a year or so of researching how to do it yourself OR you could just take a class and get that years worth of experience all in a few days. If I could pay someone a few thousand dollars to do all the work and research for me and I just follow the system, I’d much rather do that then try to figure it all out myself.
I’ve been to a lot of seminars and I’ve learned something in each one that paid for the seminar several times over.
Quote from The King:
Best ways to find the properties for the best deals, what to look at when performing due dilligence, best ways to raise the capital to buy the properties, and probably some other stuff I'm forgetting.
You find multis exactly like you find SFHs - newspaper, REIA, realtors, yard signs, etc. You perform due diligence exactly like a SFH - cash flow analysis, check leases, title search, comps (if you don’t know your area), etc. Best way to raise the capital - go to the bank, take the property sub-2, with owner financing, etc.
Quote from kmrei:
Sure, you could go though a year or so of researching how to do it yourself OR you could just take a class and get that years worth of experience all in a few days. If I could pay someone a few thousand dollars to do all the work and research for me and I just follow the system, I'd much rather do that then try to figure it all out myself.I’ve been to a lot of seminars and I’ve learned something in each one that paid for the seminar several times over.
A year to learn how to buy a building? Are you kidding? If you’ve been to a lot of seminars and haven’t gotten it yet, one more seminar isn’t going to make a difference.
I’m not against education, but there are a LOT of newbies who are perpetual seminar junkies - a lot of seminars and very little real estate. Don’t make it more difficult than it is.
Mike