Interested in learning more about investing into real estate? There's a good probability you've come across a program named Freedom Mentor at least a few times.
It's always a good idea to do your own research before you dabble into a new venture. In this review, we take a closer look at the mentoring program and share if it's legit or a scam. This way, you can find the real way to make money online, and avoid scams.
Freedom Mentor Review - What Is It?
It's a real estate investment coaching program which was launched by Phil Pustejovsky. To join Freedom Mentor, it would cost you $3,000 one-time and then you'd incur a $197 monthly membership fee.
The program claims to be of use to people who want to level up their investment skills in real estate. It's also for those who're interested in doing this full-time. However, the program is a little too expensive and comes with a mixed bag of reviews.
Phil and his team say there can't be any better time to get started with real estate. He says you definitely need a mentor to succeed in the space, to which we agree. It's always a good idea to follow someone's footsteps who has been there before.
It's true for almost anything you're willing to do, but his credibility is the main question here. There's another product named Your Freedom Mentor and it has nothing to do with this program. It's focused around affiliate marketing and there are complaints of it being a scam.
About the Founder - Phil Pustejovsky
Phil claims to have failed in the beginning with real estate investing a few times. He then stumbled across a person named Tom (his mentor) who guided him through the process.
Thanks to Tom, he has hit a revenue of $50 million in sales and has grew his portfolio over time. He claims he can teach you what he learnt from his mentor so you can potentially replicate his success with the Freedom Mentor coaching program.
A Closer Look
The system comes with a unique 50/50 revenue split system. Not only do you get to learn the cutting edge strategies but you're also partnering up directly with your mentor. The company mentor will partner up with you in every deal you make.
This will be a 50-50 partnership. You will get to test your skills in real time, and since the mentor will also be invested in the real, you're more likely to succeed (and learn better) as a result. This should help in boosting your confidence level.
The owner also gives away a digital copy of his best-seller book "How to be a real estate investor" with the mentorship program. The book supposedly contains real estate investing strategies which are practical and simple to implement.
Freedom Mentor Pricing
The program is expensive at $3,000 one-time, and then a recurring $197 per month. If you're accepted, this is what you'll be getting:
Someone from the team will connect with you after you've submitted your name, email and contact information. Alternatively, you can get in touch with their team via phone.
The program is a little expensive and is definitely not for everyone. However, if you're passionate about real estate, this may be something you may want to add to you checklist. It's worth noting you can always test the waters with something cheaper on online learning platforms.
If you happen to do a search on Udemy, you can find almost any course on real estate investing for as little as $10. This is not the case with every course out there, but most are priced around the $20 bracket.
There's a mountain of information out there. If you really want to get up to speed with something, you can really have what you want. We don't see a need to shell out thousands of dollars for a product which may/may not work. In the latter, it will be a total disaster considering the amount.
There are a lot of positive reviews for the product which you can find online, but there are also some critical reviews which you may want to consider.
With one of them, Phil Pustejovsky himself commented on a review. That's interesting and it's a positive sign. If the program was a scam, the owner would not want to show his face publicly, let alone interact with the community.
The 50/50 split is a good thing for learning but it can cost you a lot of money. What if the deals are in millions, you'd end up losing a big chunk every single time. It makes no sense in having someone stay as an unwanted partner.
Things To Consider
There's not a lot to like about the platform for many reasons.
Is Freedom Mentor a Scam?
Some say you should stay away from the Freedom Mentor scam, but in reality, it is not a scam. That's probably because these people didn't get the results they expected.
It's definitely a legitimate mentorship program for getting started in real estate. If you like real estate and want to get started, you may want to consider cheaper options first and decide if it's the right business model for you.
The platform is legit, but we still can't recommend the program to our readers. The pricing is steep and there's a mixed bag of reviews. We aren't certain if it's worth a shot or not. $3,000 is a lot of money to validate our uncertainty.
On top, 50/50 is a decent concept in the beginning but as time goes on, and your expertise grows, it will turn into a liability before you realize it.
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