Dymphna is very likable and knowledgeable, but at the end of the conference I felt inspired and mixed up at the same time. Why is that ? The opportunities are real, the testimonies are touching, but the overall message was hyped up and designed for closing a sale on a $3k to $9k product. Peanuts of course to pay for becoming a Millionaire. There is an oversell of products from multiple speakers. Too many systems, more than I can digest and succeed at. The speakers are using high pressure sales methods and tall claims. The sky is the limit.
My favorite was the developer Bob Anderson. He is really skilled in what he does and if you want to make a career as developer, then I think teaming up with him will save you big bugs in mistakes you are likely to make if you go alone.
I have lots of doubts that partnering to find options will suit the masses. There are simply not enough discount deals around and you would have to be very confident about beating the competition or have good connections or lots of luck.
What should suit many is starting early with cash flow effective properties and keeping them in a trust.
The proposed investment in knowledge is considerable $3k to $9k if you buy on the spot, otherwise it's even more. And you can reach your goals in just a few years if you want ? Really everybody can ? Including little me ? Chicken little takes me over again. I walk away and ask for an extension to consider a JV partnership. They say yes.
Now at home I load up Neil Jenman's site. If Dymphna is 5* positive about opportunities to get rich in real estate then Neil is 5* negative about spruikers and their claims. Just go to Neils site and search for Dymphna Boholt or Jon Giann from Knowledgesource who runs the seminars / conferences. Watch out for the traps and form your own opinion.
Maybe I can find someone to split the costs of $4k, go to boot camp and meet potential JV partners and we all get an active income from real estate in just a few years and then a passive income for the rest of our lives in just 5 years. All things are possible, so they say. KNOWLEDGE is the key and Knowledgesource is there to transfers it. Keep dreaming, but while 5 years is a bit unrealistic over a lifetime it will work. Buy every 7 years one property and retire at age 60 should work for the masses.
One more thing, what's the total investment ? Well you need to do home study, boot camp and group coaching - all included for one year in the $4k. Then what ? Personal mentoring for $30kpa if you can afford it.
Who would mentor me to structure my property from where I am for just a few k ? $1 Mio of properties at 8 % is all I need to retire.