I’ve been, on the whole, mostly disappointed with First Deal. I’m currently remodeling my first investment property from the studs up, I’m making a lot of mistakes, but the $7,000 I spent on this course is the money I most wish I could have back. There’s really not a ton of substance to the course. You get a 6-week onboarding (which is information you can get by reading any introductory Real Estate book), a weekly group phone call, a group Facebook page, and access to 1 on 1 calls with mentors. Of those four things, the only thing that’s returned any value for me is the 1 on 1s, and even then, only with one of the mentors (shoutout Ryan). The weekly phone call always feels rushed, the mentors in the group often seem to be tired of answering questions, and fairly enough, many of the other students in the course don’t seem like they’ve done their homework and it can be frustrating. The Facebook page has no community engagement. The 1 on 1s can be valuable, but not all of the mentors are the same caliber. I had one guy show up 12 minutes late to our 30 minute session and then take the zoom call from his phone while he walked around distracted. Many of the mentors are also trying to sell you sub-courses or other subscriptions and additional 1 on 1 coaching, which feels like a perverse incentive to not provide the highest quality service with what’s included in your First Deal subscription. Overall, real estate is extremely market dependent. Nobody involved in First Deal has been any help with dealing with my local market, which is the only one I’m personally interested in. Go get involved in your local Real Estate Investors Association chapter. You’ll get a lot more value for free or close to it. If you are BRAND NEW with real estate and you’re not enough of a self starter to begin devouring books or if you’re very well along in your real estate career and you’re looking to try some more creative approaches, then this course is probably not the most effective way to do either of those things, but it would help you more than it would if you were in my position (self-motivated and already executing on a starter plan). If you want my advice , take Brandon’s own advice from The Book on Rental Property Investing, and don’t waste your money on the course. Go buy a property instead.
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