RE Mentor Reviews 382

My goal was to meet my sponsor's financial criteria for investing in a good deal. However, I picked two deals of over 100 units in Phoenix, which were too big of an initial investment in a highly competitive market. As a beginner investor, I made the mistake of not having my financials ready when asked where is my letter of intent, and my snapshot of the deal. Sponsors gave me a more complete picture of the investment decisions they make, based on my succinct calculation of the property income - the purchase price minus payments, expenses, vacancy rates and capital expenditures with good returns, risk tolerance, and a profit forecast. Though I have not yet gained a sponsor, I gained a contact list of potential investors, and nuggets of expert feedback and strategies for maximizing value. I can count on sponsors to help me get favorable financing terms with lenders because they have sponsored many deals before mine, and I can piggyback on their established relationship with the banks. At closing, it's sweet to get a bonus for finding and analyzing a great deal using the sponsor's financial position with their equity partners, and little, if none of my own money.

As always RE Mentor exceeds my expectations in providing expert content along with a professional staff. There is no one that comes close to their level in apartment training. I will continue to advance my education through RE Mentor in the future.

Very well organized. So informative and very eye opening. The quality of people involved in the RE Mentor community is extraordinary. Very happy to be a part of such a great organization.

Sponsors were all great to listen too. Made you feel at ease and anybody can do this with any and all help needed, given. Some of the participants where also very motivational

This is such a great event to connect students with potential sponsors! I loved interspersing the breakout rooms with presentations from some of the sponsors. Some suggestions: make each breakout room a similar number of people, tighten up the time between breakouts and presentations- seemed like wasted time when random people started bantering in the main room, ensure that all students get in a breakout room with all sponsors, ensure there is a sponsor in every room the full time both days, advise ahead of time how much time we'll have in the breakout room

OMG! This was an amazing content rich event with the best speakers. We thoroughly enjoyed this awesome event! Much info and awesome folks! We love REMentor!

The opportunity to be able to talk and interact with the Sponsors and their willingness to help is priceless. Talking to them will allow me to look at deals from a different perspective. It was an awesome experience.

This was a great event. Lots on great and useful information. Many Sponsors and how to present a deal to them. I feel to be part of a group that help each other to be successful.

They sold me onto joining the $50,000 package, which I could not afford, but they used my credit to get me qualified for a bunch of credit cards. I did not qualify for the full $50k in credit, but was able to get $40k+ which they then had me join the $25,000 package instead (Tip: There are cheaper packages).

Bear in mind, I was a complete novice going into this. It was good information about multifamily real estate, and I already bought the home study system (about $1500), but they bring you back for another "Free" 2-day workshop where they do the major upsell to the $50,000 package.

Fast forward to the $25,000 package, I had to pay a fee to their credit company which help me attain the money. Maybe that was about $5000. I also had 3 additional workshops to attend (only two of them ended up happening), and for the workshops I ended up spending an additional $3-4k. Also, there are additional upsells which you will not find out about until you receive random phone calls from their sales team telling you about "secret tools" that you must buy to get even more of an edge. I was sold for another $2000+ on additional tools.

With this package I was supposed to get a Mentor (person to guide me through the whole process) also a Sponsor (person to bring the money to do the deal if/when I find one that fits the criteria). The Mentor ended up being a guy who hadn't done a real estate deal in 4+ years, and had never done a deal in my state. I didn't realize how much my progress would be stunted in this program. He had me look around for clubs to join. I joined BNI and Toastmasters which are great organizations. But BNI costs an additional $1200/yr and Toastmasters another $300+/yr.

Also note, the "Mentor" is only promised to speak on the phone with you once every two weeks. And the phone call is only scheduled for 30 minutes. I mean, how much can you really teach a newbie in 30 minutes? He would just tell me to do stuff, and it was stuff that he never did himself (which I wouldnt find out until later). I was with this "Mentor" for 6 months, and it took me awhile to realize this guy was giving me a lazy effort, very outdated techniques. I later found out that my experience was not uncommon regarding the assigned "Mentors".

I spent as much time as I could looking for deals, but with the multiple clubs I joined, my time was spent with a lot of people who were not interested in multifamily.

Big Trick #1 - They do not tell you who the Sponsor is, and your "Mentor" also does not tell you that they are NOT the Sponsor to your deals. My Mentor eventually told me he had a contractual agreement w. RE Mentor to NOT to go into any deals with students. I don't know how true that was, but that's what I was told.

FINALLY I DID FIND A GOOD DEAL!!! After maxing out all the credit cards, going to a bunch of meetings, and analyzing a bunch of deals using their criteria which makes it nearly impossible to make a competitive offer...

Guess what happened after I found the deal?

1) My "mentor" told me he needed more information from the seller. The profit and loss statement wasn't good enough...

2) The RE Mentor Staff told me it was a good deal, but I should go back to the seller and ask for more information (i.e. more years of profit and loss statements)...

Remember this is all new for me, and I am learning as I am going.

Additionally, the seller wanted proof of funds, and RE Mentor refused to provide them, telling me my Sponsor would provide proof of funds. That's when I found out my mentor was not my sponsor, and in fact, I had no clue who my Sponsor was. I thought once I found the deal, RE Mentor would sweep in and save the day. Well, in fact, I crashed and burned.

The seller never responded to my follow-up requests, RE Mentor never provided proof of funds, and RE Mentor also never provided me a Sponsor.

I kept going until I found another deal (just for good measure). Once again, the RE Mentor Staff said my deal looked too good and they needed more information from the seller. They never provided proof of funds nor a Sponsor.

To make matters worse, my "Mentor" tried to recruit me to his MLM business (more than once) :(

I spent well over $50,000 while in the RE Mentor coaching program and left out the parts about my credit score drop and certain banks simply reducing or closing out my credit lines altogether even though I made all payments on time.

I also left out the parts of RE Mentor Staff cancelling my access to the training modules (more than once), even though I signed a contract promising LIFETIME access to the training modules.

The worst part of the whole adventure is they truly left me hanging.

I was seriously considering using the last of the credit card money to fly to Boston to confront them for their violations of the contract that I signed, and demand a $25,000 refund.

Save yourself the headache. This company costs more than they are worth.

information good. Still need help in the underwriting, still a little confused, but over all information very informative

I joined the coaching program to have like-minded people around me. I was able to find my first property within 6months. It was the program and coach guidance that kept me focused and help me not to get distracted with things that would prevent me from success-thank you REmentor

We had signed up with a couple of multifamily education groups and felt educated but not connected. When we found RE Mentor we got the coaching, mentoring, and networking that gave us the tools to purchase a 60 unit complex in Fort Worth. Now we're going into contract on 111 units in Dallas, thanks to the connections we made with RE Mentor.

Great experience. Enjoy interacting with brilliant minds

RE Mentor has played a significant role in the success myself and my Biz partner have had investing in MF properties over the past 5 years. They provided the initial education we needed to get started plus the support, networking opportunities, and continuing education along the way. They continue to support us even now. A fantastic company that really cares about their students!

RE Mentor has been a terrific education system for buying apartment buildings. Their training and support have been unmatched! Great experience!!!

I am thankful for the RE Mentor team, the training courses, the leadership, and mentoring program.

TRAINING: I have attended two in-person training events and I am scheduled to participate in my third virtual training event this month. My business partner and I participate in the mentoring program that prepares, equips, and grooms us to become suitable contenders in the field of commercial real estate investments. I have experienced excellent customer service from the Boston headquarters with timely, compassionate, and thoughtful responses to my questions and requests for guidance. I am grateful for the team’s timely calls, emails, texts, zoom Q&A sessions, and step-by-step guidelines.

TEAM: I appreciate the team’s 20+ years of experience in acquiring multifamily apartment properties across America. I admire the successful track record of the students acquiring thousands of units and raising hundreds of millions of dollars to close on properties. The team encourages our continuous lifelong learning curve and is realistic about the time and dedication that is necessary for each of us to become proficient in specific skill sets.

LEADERSHIP: RE Mentor leadership reminds us often about the bigger picture of navigating trends in the real estate investment industry and coaching us to discipline our time to complete the necessary daily tasks to make progress towards our financial and professional goals. I am inspired by how the RE Mentor leadership interviews students each week to share their success stories with specific experiences on deals that encourage others. The leadership team also inspires us in developing mindsets to persevere and to practice daily healthy habits to maintain family and professional relations.

SKILL PATH: I admire the practical insights the team provides to us from their experience of owning thousands of apartment units. I respect their integrity when making available sponsors to review our underwriting, advising us when offering bids on properties, and awareness when closing on contracts.

21 years of owning, rehabbing and flipping real estate and I never thought I could own multifamily investment properties. Once I went through David Lindahl's training, I saw the possibility and understood how to make this dream a reality. My "rat race" in life now is working on my retirement within the multifamily space. I have various partners/sponsors within the RE Mentor community, their goal and vision is to see you succeed and for you to extend your hand to help someone new coming into the program. I got to admit everyone within this organization bends backwards to assist you. This is a place I am happy to also call home.

My experience at RE Mentor has been good. The content provided is excellent. The coaches are great and they are always looking out for the best interest of their students especially Jeannie Orlowski. She is great! ...The only thing is the holy trinity does not perform well as intended in this current market environment, and it appears that RE Mentor does not have any alternative to it.

RE Mentor is the best! Their teachings are spot on. I don't know what I would do without their education and support. If you want to understand Apartments, they are the go to organization.

We have join RE Mentor community more than 2 years ago and love every moment of educational experience and interaction with all our Mentors. Our deepest appreciation to Jeanie Orlowski for her support at every business step, and her encouragements.
Money for Education and Network WELL SPENT.
We would be happy to refer our friends to join this tribe.
We made a lot of good friends and working hard to make more deals together.
Best regards and Great Success,

Roman and Inessa