Tarek and Christina El Moussa Success Path Review

I just got a flyer in the mail from Tarek and Christina El Moussa of HGTV's "Flip or Flop." They say they want to teach me how to "have the courage to retire rich" by flipping houses like they do through a Success Path real estate seminar.

UPDATE: They demanded that I take down the photo I snapped of the brochure because it'south "proprietary material." It had a big photo of the couple and said "The Stars of America's Favorite Existent Manor Reality TV Show, Tarek & Christina, Are Now Flipping Ohio!"

I was invited to nourish "an exclusive real manor success event to gain insider access and information" at a nearby hotel. SoI looked into it, and this is what I learned…

Success Path Real Estate Events

The Success Path website says:

"Tarek and Christina El Moussa have over a decade of professional real estate experience and accept been featured in national print publications, online media outlets, and HGTV's Flip or Flop. The dynamic couple has created unique strategies that give them an edge in today'due south existent estate market. Now, Tarek and Christina have turned these strategies into an educational program that has helped people, just similar you, kickoff their own existent estate business organisation."

Not just is the seminar free, but they hand out MP3 players and "educational CDs" to anyone who attends. I would imagine the chance to meet HGTV superstars Tarek and Christina would be plenty to motivate a lot of theirs fans to show up even without the door prizes, though.

What I Learned Most the Seminars

• The workshops take been given in cities around the land (the U.S.) since 2013.

• The flyer might have their faces and names on them, but that's equally close as you're going to become to them. They don't actually nourish, let alone teach, the seminars.

• The indicate of the costless seminar is to get yous to sign up for a longer weekend training for $2,000.

• For $2,000, they promise to teach "Tarek and Christina'due south methods of finding properties that are and so very unique that others don't know near."

• After attending the $2,000 seminar, they invite you to spend more — one source says "up to $40K" — on additional training.

Melissa, who paid $2,000 for one workshop and $10,000 for another, explains:

At each phase, you get nuggets of gold (info, details, how-tos, tips) but yous have to sit down through a lot of "rah-rah" nonsense. And, of grade, you get what you pay for. If you have some money to invest in real manor but do non have a background as a realtor or landlord or builder, you get a keen bargain of education, inside connections to sources of funding and other connections.

My communication is to non attend the free seminar unless you desire to invest in some training. And don't expect to meet Tarek and Christina in person. It's a franchise, they are selling preparation, and yous get what y'all pay for. The info is readily available, most for free, you lot merely have to know where to look.

I got good solid info, in one case they stopped selling the next level of classes, good connections to local people, and admission to databases of info non easily available to those of us not already in the industry.

Gail paid to nourish additional workshops, too, and reports:

Presenters are not high force per unit area but make you believe it is all easy. If it was easy we would all be rich from real manor.

They will want you to phone call all of your credit cards to increase the available limits so you lot can pay for the "training."

They have a software that is free for the start 6 months. Information technology really does nada for me. It lists other lists that if yous do your own research y'all can observe them in public records.

(You can read more than reviews on the Bigger Pockets forums.)

Amanda complained to HGTV on Facebook after her mother attended:

The whole thing is a scam where the speaker tries to make people feel badly about not investing. It is sorry to see that these people on your network really endorse people existence taken advantage of in this way.

At that place is a video of Tarek and Christina in the outset of the seminar, so they cannot deny they are a part of the scam.

I would like to run into their show suspended until an investigation is done almost them profiting from this. It is a shame to accept people attached to your network that would endeavour to take reward of your viewers and I hope this state of affairs is rectified in a timely fashion.

Portland Workshops Canceled Afterwards Backfire

When they promoted i in Portland and surrounding cities last Dec, there was so much backfire online that the seminars were canceled. Residents objected to the idea of teaching people how to flip houses there when they're already dealing with a lack of affordable housing and sky-high hire in the area.

Christina issued this statement:

We go asked a ton of questions almost firm flipping. That's one of the reasons we started coaching and mentoring. People are genuinely excited to learn what has worked for us.

We cancelled the Success Path preparation bout through Oregon and Washington due to a vocal group who somehow linked us to the effect of affordable housing. We are very accustomed to being on the receiving stop of people'due south opinions. My hairstyles, my mothering, and my interior design choices in flip houses — all are discussed.

Rent affordability is non a local issue. All beyond America, and abroad, it is a serious topic worthy of discussion. There is no simple solution to such a complex and sensitive situation. When demand exceeds supply there is tension.

A local news station in Pittsburgh investigated Success Path and you can watch their segment on it here. On Reviewopedia, the program has an boilerplate of 1 1/ii stars, with some reviewers calling it a scam. And then did a lot of people on Scam.org and on this Facebook post.

But I found others who insisted information technology was worthwhile for them to learn more than nearly existent estate investing and to make contacts with other investors in their area, even if they were disappointed that Tarek and Christina didn't show up to teach the classes themselves.

Has anyone else gotten an "invitation" like this and wondered if it was legit? If you attended any of the seminars, permit us know what you thought and if they were worth the $$$!

2019 Update: "The FTC Acts Against Company Using Celebrity Endorsements, Artificial Earnings Claims to Sell Real Estate Seminars." Read their total statement.

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Source: https://hookedonhouses.net/2016/02/10/success-path-real-estate-seminars/

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