TLDR – What’s The Verdict On Awesome REI Reviews
Now, some of you might be looking for a quick answer about whether to get into Awesome REI programs or not. So, let’s address that right away.
As I’ll explain later in this article, I really like the idea of the real estate business model, but for earning passive income, my number one pick is digital leasing. So, I don’t recommend joining the Awesome REI program.
The coaches at Awesome REI might run a successful real estate business, but that doesn’t necessarily mean they’re great teachers. I understand that they want to make it simple and fun, but students complain that it’s not as easy as it sounds in real life.
I’m not suggesting that they created Awesome REI to scam anyone.
What I’m saying is that there are other programs out there that, in my opinion, offer better mentorship and teach you more to navigate the complexities of real estate.
If you’re curious, you can learn about those programs by clicking here.
SiteLinkRatingBBBhttps://www.bbb.org/us/sc/mount-pleasant/profile/continuing-education/awesome-rei-llc-0663-34098995/customer-reviews4.16/5Trustpilothttps://www.trustpilot.com/review/awesomerei.com?page=24.2/5Reddithttps://www.reddit.com/r/realestateinvesting/comments/w19uhi/knowledge_of_awesome_rei/n/aFacebookhttps://www.facebook.com/WeAreAwesomeREI/4.9/5
Who Benefits From Awesome REI And Who Should Stay Away From These Real Estate Gurus
I am inspired by people who are always looking to learn more and willing to be better investors each day.
The instruction from Awesome REI may benefit you if:
You are already into real estate investing, and you want to know some tips and tricks on managing mortgage, tax, insurance, and maintenance costs.You have thousands of dollars and are okay to take risks and try their unconventional recommendations on making money through real estate.Now, you may want to stay away from Awesome REI if:
You don’t like recurring charges and endless upsells. Check this BBB complaint about a salesman “harassing” him to buy more programs.You are expecting an honest refund policy. It’s hard to get your money back based on public reviews.You want transparent pricing. One student reported that he authorized Awesome REI to charge him $127, but later found out that he was charged three payments totaling almost $600.You want a mentor with a good reputation. Jay Drecksel, one of Awesome REI coaches, was involved in a fraud lawsuit.Program 1,000 FT View
In this part, I want to give you a broad overview of what this program is about.
Business Model
Awesome REI is a company that operates in the real estate business model.
I have nothing against real estate. It’s a great way to earn passive income long term.
Yet, why do people struggle in real estate?
If rent payments are late or unexpected expenses arise, you might find yourself in a tough spot. You need to have a financial cushion to handle these situations.
The key is having a high-income skill to counterbalance these risks. Even the teachers of Awesome REI learned high-income skills through mentorship.
My advice: Focus on acquiring a high-income skill first that can generate $10,000 per month. After that, dive into Real Estate or other ventures.
In 2024, one of the most promising high-income programs is Digital Leasing. Why? Because the demand for it is high, given the increasing time people spend on smartphones.
Who Are The Teachers At Awesome REI?
Awesome REI has a few real estate experts like Cameron Dunlap and Peter Vekselman. Its founder is Patrick Riddle.
Patrick started his business adventure back in college at Clemson University when he bought his first investment property. After his first try in real estate, he quit school and never looked back.
Awesome REI Cost
The most basic course starts at $97, and the price can go up to $4,997 for the premium closed-group program.
Alternatively, you can start here for free if you are serious about learning how to become a real estate investor.
Personal Opinion On AwesomeREI.com Reviews
Having tried real estate and scoured real estate programs like the Pace Morby course and Jerry Norton real estate, I know it requires a significant upfront investment and long-term commitment.
The only way you can navigate through it seamlessly is to hire property managers and accountants who will take care of the hard stuff.
It’s essential to know that people have different opinions about Awesome REI on the internet. Some customers really liked their experiences with the company, but others didn’t.
In the United States, there is a growing concern about the growing of scam companies pushing BS programs that promise quick wealth, such as the Real Estate Wealth Network. Cameron Dunlap, who is behind the company and one of the teachers of Awesome REI, is currently under hot waters because of fraud allegations.
So how can you decide if Awesome REI (or other program) is a great resource or not?
Here’s how I evaluate a program:
Check if the person teaching the program knows about real estate from real experience.Make sure they provide support like a private Facebook group or coaching when you need help.Think about what you get for your money, not just how much it costs.Be sure they tell you about any extra costs or things you might need to buy.Lastly, see if the people in their Facebook group are doing well financially. Listen to what they say, but remember the earlier points I mentioned.My Recommendation On AwesomeREI.com Reviews
Now that you know how to evaluate Awesome REI, let’s break down the positives:
If you put in the effort and work hard to get your first investment property, you’ll likely earn back the money you invest.While it might not be super easy to get an investment property using their system, it’s doable.Patrick and his team have real experience in this business, which is a good thing.If they were offering this training for free to make money in a low-effort way, I’d say “give it a look.” But when we’re talking about nearly $5,000, it’s a different situation.
Based on this Trustpilot review, the student commended the gurus for making it funny and seems easy, but complained that it is time-consuming.One user is disappointed because of the long presentations and the false claims. The team said “as little as $18” to start, then a $97 offer popped up. This can be confusing for some.This Reddit thread talked about Awesome REI being a scam. They say the information provided is freely available elsewhere and there’s nothing easy in REI as they present it.A BBB reviewer complained about a salesman “harassing” him to sell more expensive programs.What’s Inside Awesome REI Reviews
Learning Resources
Awesome REI has videos, webinars, and articles to help you learn about real estate investing. They cover everything from finding the right properties to getting money for your investments. These resources are made to be easy to understand, especially if you’re new to real estate.
Training Program Details
Besides the learning resources, Awesome REI has more detailed training programs. These programs are meant to teach you the skills and knowledge required to do well in real estate investing. Here’s some information about these training programs:
Quick Start Real Estate School: This is for newcomers to real estate. You’ll learn the basics of investing, like how to find properties, evaluate deals, and get the money you need.Real Estate Investing Mastery: If you’re already experienced, this program is for you. It goes deeper into topics like creative financing, arranging deals, and building a team for real estate projects.Private Money on Demand: This program shows you how to get private money for your real estate ventures. It teaches you how to make a pitch for private funds, build relationships with investors, and structure deals with their money.ProgramTeacherCostThe Capital SyndicateLee Arnolda$97Default DealsPeter Vekselmannot publishedThe Vacant HouseBankCameron Dunlapnot publishedFamily Bank FundingCameron Dunlapnot publishedTax YieldsJazey Dreckselnot publishedWeekly Cashflow Triggers no information$4,997 yearly
Conclusion – To Buy Or Not To Buy Awesome REI Programs
No. I don’t recommend Awesome REI.
Although I commend their team for putting up lessons and programs from different real estate gurus in one place, bad customer service, and dishonest pricing are huge RED flags for me.
There are other programs where you can spend your money to learn new skills with less chance of losing your investment. See my number one pick below.
If you still want to go with traditional real estate investing, you can check other alternatives like Brian Page BNB Formula or Bob Diamond Overages Blueprint.
What Is My Top Recommendation For Making Money Online In 2024?
I have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: In traditional real estate, you “own” the property, but it often comes with a lot of debt, so it’s not entirely yours.
If you miss a payment, a lender can take it away, and loan payments eat into your profits.
With Digital Leasing, you fully own the assets (with a 90-95% profit margin), giving you all the power and control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH.
Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Awesome REI which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.