Considering Phil Pustejovsky’s popularity online, it’s possible you’ve come across his Freedom Mentor Program, at least once, and you’re optimistic about the prospect of making a killing with it. But before you make your final decision on whether or not to invest in the program, I encourage you to read my freedom mentor review to the end.
What Is The Freedom Mentor Program About?
Phil Pustejovsky’s Freedom Mentor is a mentorship program that teaches you how to make quick and huge profits investing in real estate. The program promises to equip members with the right skills and resources that will help them avoid common pitfalls associated with investment in real estate. Members are assigned mentors who groom them in the areas of negotiation, finance and sales, among others.
There’s no denying the fact that real estate is a highly profitable industry that has given millions of people strong footholds throughout human history. The industry holds a vast possibility of making you a millionaire within a short period of time if you know your onions.
However, it’s important to note that the real estate market is volatile. It’s not a business that guarantees consistent profit.
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The risks involved in real estate are very high. This makes it a very difficult industry to succeed in, especially if you don’t have enough money to throw around.
Who’s Phil Pustejovsky?
- Phil Pustejovsky is a popular figure who has built a good reputation online training people how to make profits by investing in real estate. He’s widely acknowledged as an industry expert for his ability to simplify complicated concepts and communicate the best information on the subject. Phil regards himself as the nation’s premier real estate mentor.
- Defying his not-so-smooth background, Phil invested a great deal of time and money to learn the ropes of the real estate business. Today, he claims to manage a huge portfolio of properties that has earned him millions of dollars.
His expertise has earned him a lot of respect in the industry. He’s also enjoyed decent media coverage in the last few years. For example, Phil has been featured in many credible media outlets including Huffington Post, Business Insider, Entrepreneur Magazine, and so on.
Phil has uploaded more than 220 videos on real estate related topics on his official YouTube channel. His YouTube channel, believed to be the most popular real estate investment YouTube channel, has well over 50 million views with over 290k subscribers.
How Much Does The Freedom Mentor Program Cost?
- To become a Phil Pustejovsky mentee, you’ll be required to make an upfront payment of $3,000 with a subsequent payment of monthly membership fee of $197.
I consider that a little steep, although pricing isn’t the only factor to be considered when looking to invest in a program or training. The important question is if it is truly worth it or just overpriced.
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Can this program truly help you make money? Yes.
How easy can you make money with it? Not so easy.
How Exactly Does The Freedom Mentor Program Work?
- Freedom Mentor’s Apprentice program gives you access to a lender database, 2 conference calls per week with other apprentices, daily communications with Freedom Mentor’s coaching staff, and 3 calls per month with the coaching staff.
Once you start earning, the system requires you to split the profits 50/50 with Phil until you reach the $100,000 threshold. This system, according to Phil, gives him “skin in the game” for him to remain motivated to secure the best deals.
Freedom Mentor offers a Pre Apprentice program that costs $997.
Is Freedom Mentor Program Legit?
- Well, it appears Phil Pustejovsky’s Freedom Mentor is legit judging from a plethora of reviews it has received since it was launched. There are several people who claimed to have made lots of profits with the program.
- So, having established that it’s a legit program, do I recommend it for people looking to make easy and consistent income? No, I don’t.
I don’t recommend Freedom Mentor for certain reasons that you’ll soon discover in a few scrolls away.
Don’t get me wrong. I have no intention of discrediting the program for any personal reason. It’s a decent program that’s stoked with relevant information intended to make you a successful real estate investor. The possibilities of making enormous profits are endless. But that’s just on the surface, it isn’t as easy as it is being painted or marketed.
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There are a lot of things that determine whether a deal is profitable or not.
- Investors have to deal with market uncertainties usually triggered by change in government policies, bank loan conditions, among other factors. Success is determined by several dynamics and that makes it a complex space to navigate without incurring losses.
I strongly believe that every potential investor deserves to know what they’re signing up for before committing themselves to the program. But I’m not going to impose my opinion on you. I will leave you to make your own decision.
Freedom Mentor Review: What are the Pros and Cons?
Let’s look at the positives and negatives of Phil Pustejovsky’s Freedom Mentor.
First, what are the positive sides of Freedom Mentor?
- The biggest positive side of this program is the seeming credibility of Phil Pustejovsky. You don’t have to worry about the possibility of been scammed in case you eventually decide to go for the program. Phil has been around for almost 10 years mentoring enthusiastic real estate investors. Within this period, he’s been able to build a positive image for himself and his business.
- Another pro of this course is the impressive social media presence of Phil Pustejovsky. His YouTube channel has over 290k subscribers and well above 50 million views. This is a pointer to the fact that Phil is definitely doing something right. He’s created a lot of free informative content designed to support anyone interested in investing in real estate.
- Also, the official website of Freedom Mentor offers a book titled, “How to be a Real Estate Investor” that you can download for free. This book costs $9.97 if you’re getting it on Amazon. But you can get it free on the website in exchange for your email address. This resource gives you information about the Phil’s unique business strategy. From the eBook, you can find out if the program is what you’d like to do.
Cons of Freedom Mentor:
- Although the upfront payment of $3,000 may not be much of a big deal. Nonetheless, the program appears overpriced when you factor the monthly membership fee of $197. In addition, you’re also required to pay 50% of your profit to Phil until you reach a $100,000 threshold. You may have to think deeply before you commit yourself to such a deal. Besides, you really don’t have to enter a deal that mandates you to part with half of your profit. You should have 100% autonomy over your income.
- Despite sharing your profits 50/50 with Phil, you’re singly responsible for all the costs involved in the deal such as financing, managing, maintaining and resting/selling the properties. Although, I understand that Phil is putting so much into getting best deals for his mentees. But the 50% appears a little higher for someone who’s taking zero risks.
- Also, there seems to be a discretionary pricing system for the program. The Freedom Mentor website doesn’t feature any price. It appears that a price is only quoted after a member of the Freedom Mentor team has interviewed you on phone. There are former candidates of the program who claimed to have paid an initial fee of $3,000 while others even paid higher. This non-uniform pricing practice casts some shadow of doubt on the program’s credibility. It gives the impression that the team charges you based on what they assume you can afford.
- There’s a common criticism from former members that the program contains information that can be found free online or in various less expensive books. There appears to be much sense in that. There are tens of hundreds of successful real estate investors that never incurred that much cost. Although one cannot de-emphasize the place of learning. But you can actually watch some YouTube videos or download cheaper books on the topic if you’re passionate about becoming a real estate investor.
- The mentorship program doesn’t offer refund. However, the Pre Apprentice program (which costs $997) offers a full refund if you contact the Freedom Mentor Support team via mail requesting a refund within 3 days of purchasing the Pre Apprentice program.
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