If you were looking for a real estate investing system, maybe you have found it. Freedom Mentor claims to be a fast way to making big money in the shortest amount of time.
Introduction to Freedom Mentor
Freedom Mentor is an educational system about investments in real estates. This program was created by Phil Pustejovsky, who is a real estate investor himself. He claims that Freedom Mentor is one of the best methods on the market to learn the ropes of the real estate investing business. The trick to his idea is having the right mentor to guide you along the process of becoming a successful real estate investor yourself. But there is another trick which may not be the cup of tea of everyone, and that is the gainings you make must be split in half with Freedom Mentor. After hearing about this, it is up to you if you think it is still worthed to find out more and if you want to keep reading further.[adHere]
Before moving into more details about the business itself, we think it is better to dig more into the past of the founder himself. Phil Pustejovsky claims to have started from the very bottom. It is true that he has graduated from an university, namely Vanderbilt University, but he initially failed big time when he tried investing in real estate.
Eventually, he as in such a bad situation that he was on the point of sleeping on the streets, but with the help of his friends, and especially his mentor, Tom, he managed to get his life back on track. Self-entitled ”nation’s premiere real estate mentor”, Phil Pustejovsky claims to have invested over 45 million dollars to this date in real estate properties.
That way he said that he managed to build a strong and varied portfolio and is capable to teach others reach his performance as well. While this is a very bold claim coming from a businessman who managed to invest that much, it still makes you wonder whether it is a scam or not. Splitting the profits 50/50 doesn’t sound that appealing anymore now, does it?
How Does Freedom Mentor Work?
As we have already mentioned earlier in this article, Freedom Mentor is a coaching program which helps investors how to smartly invest in real estate properties in order to make fast money and get rich on a long term. The thing is that as your partner, Freedom Mentor will claim 50% of your gaining on each deal you successfully close.
Whether you like or not this aspect of how their program works, depends on whether you will be willing to accept their help. On the other hand, you could very well go on without any help and try to succeed by yourself in this ruthless and also risky world of the real estate investments. The reason for their claim of half of the gainings is just the fact that they teach you all you need to know about real estate investments, help you, advise you and basically mentor you every step of the way until you graduate this program.
The first step that you would need to take in case you are interested in Freedom Mentor is signing up on their official website. After that, a representative of the company will get in touch with you in the shortest amount of time possible, or so they claim.
You have to be aware though that Phil is only interested to partner up with people who are really driven and determined about the real estate investments. So, watch out if you only want to test the waters because Freedom Mentor is not playing along with you. As per their saying, their coaching system is a very serious one and also full of resources which they wouldn’t like to see them wasted in vain.
When you sign up for the Freedom Mentor program and also made sure to have subscribed to their email newsletter, you will also receive a free ebook from Phil Pustejovsky. This is actually his best-selling book, How to Be a Real Estate Investor. According to the author himself, this book tackles real estate investing in the simplest manner possible and understandable for everyone, even for the ones who are just starting in this domain. Basically, this manual, if we can called it like this, will teach you the right techniques on how to invest like an expert in real estate domains.
As expected, Phil is also the host of multiple events held out annually across the territory of the United States. These events are about real estate investments techniques and know-hows with the purpose of attracting as many potential partners as possible at Freedom Mentor. Regarding the website, you can explore various training courses, all which are organized into 25 video lessons as well as articles, so you should go through them in a well manner and in the correct order.
The range from the most basic to the most complex levels, which is the normal way someone learns about something in any domain, not just in the real estate investing one. There is also an up-to-date blog in which are posted the latest articles about how to succeed as a real estate investor.
Costs and Refund
Until now we have talked about the program itself, how it works and other details about the founder and the events he helds with the purpose of attracting as many future real estate investors as possible to partner up with through Freedom Mentor. The next topic we tackle is the one about costs and refunding policy, in case one exists.
As we have already mentioned in the previous section, after signing up for the email newsletter, you receive a free copy of Phil Pustejovsky’s ebook. All good up to here, but the fact is that the Freedom Mentor website doesn’t really mention a specific price for any of the coaching programs. After researching other sources on the world wide web, we came to know that the initial fee that Freedom Mentor charges you with is 3,000 dollars, as well as 197 dollars extra, representing the membership fee. And just as an extra information for you, this membership fee on top of the 50/50 gainings.
There are also other people on the internet who claimed to have payed even more than that. The thing is that for whatever amount you are supposed to pay (rumors have it that the price range is somewhere between 3000-5000 dollars) you receive the following perks and benefits: daily instant messaging with coaches from Freedom Mentor, live coaching calls, a personalized plan for learnings the ropes of investing, access to a lender database, weekly conference calls with again various Freedom Mentor counselors and finally a lead-generating software which also comes with instructions.
Apparently, apart from all these, you can also build your own program within the organization for just 1000 dollars. The so-called 1K Freedom Mentor do-it-yourself program is basically a downgraded version of the full program. You can also find out more about pricing or any other information you may need by contacting Freedom Mentor directly at 877-693-3172.
Reviews and Opinions
After digging up through multiple reviews people left on forums and/or personal blogs, there seem to be mixed up feelings regarding whether or not Freedom Mentor is really worthed. That is mainly because of the fact that they are not clearly stating their fees from the beginning and, as you already saw in the previous article, prices vary according to what program you choose.
There is also the 50/50 profit split between the future real estate investor and Freedom Mentor that not so many people seem to agree with. While the company may justify its request by claiming that they offer valuable information and high quality coaching, that doesn’t mean that you have to split your own personal gainings with them on top of already paying all the above-mentioned fees.
Some people really consider it a sort of a masked scam, because there are not so many real estate companies on the market that practise this method. Other than all these, let’s say weak points the company has, there are many people as well who praise the effectiveness of their coaching programs and high quality pieces of advice they receive from Freedom Mentor. The author and also founder of this program, Phil Pustejovsky has an impeccable reputation in this field, to say at least.
He is well known in the real estate investing universe, among his peers and also by people who are really interested in this kind of business. There are many who look up to him in order to achieve his status of a successful real estate investor and later on turned mentor. You can say that he is the heart and soul of Freedom Mentor, apart from being the actual founder.
Even though the information and video lessons, along with books and other tutorials Freedom Mentor provides are as legit as they can get, we cannot deny the fact that many of these things can also be found on the internet, for free, if you know where to search and what to search for specifically. That is not really a good thing for Freedom Mentor, if they want to keep attracting people into their business.
Of course, their strongest asset is the coaching part, where experts are supposedly in charge to mentor you along the way, besides providing you with the digital material of the program. As we said, there are ups and downs regarding Freedom Mentor. Their weakness is apparently not stating the exact cost of the program, which makes people a bit skeptical in choosing this program over any other existing on the market.
In a normal setting, any other company would be transparent regarding those types of information, but we don’t know why or for whatever reason, Freedom Mentor doesn’t follow the same path. Despite all the criticism, they also receive a lot of support and good feedback from people who claim to have built their own business with the help of Freedom Mentor. As you can notice, opinions are divided half and half between positive and negative, just as the gainings you are supposed to divide with Freedom Mentor one you are able to actually produce them.
In general lines, it is up to you if you decide to partner up with Freedom Mentor. After all the information we provided you with in this article, you should be capable of making a decision of your own, or you can keep on exploring the market of the real estate investments and see what else it’s in there.
In reality is that these types of programs exists for people who are really determined to make a living out of real estate investments and not just try it for a short period of time. This domain also requires a lot of implication for your part as well as a substantial financial investments at the beginning. Real estate investing is no walk in the park to be honest, and is not for everyone either. Only the most determined people stay in the game and persevere until they reach the desired level. That is to say, until they start to earn really good money which satisfies their desire of living a really comfortable and worry-free life.
All in all, if you think that you can meet all the conditions to became a real estate investor, then go ahead and give Freedom Mentor a try. If not, maybe it is better to try and look for something else or just try the self-teaching method. Some people are very capable of self-teaching, to the point that companies like Freedom Mentor would not be necessary at all.
Freedom Mentor may be trying to hard to find partners for their business or they are really genuine in helping people starting their own business and actually make them succeed. The later is still questionable to say at least, and we all know why. Nowadays, almost no one gives information about getting rich overnight that easily and without any compromise.