Freedom Mentor

6538 Collins Avenue Suite 61, 33141, Miami Beach, United States
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3.60
Based on 20 Reviews

5

65.00%

4

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3

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2

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1

35.00%
About Freedom Mentor

Freedom Mentor is a real estate investing mentoring company founded by Phil Pustejovsky.

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Emma Tho
US

I am a landlord and home-owner in… I am a landlord and home-owner in Antwerp, Belgium. Many years ago I watched Pustejovsky's video, and bought and read two of his books. I decided to acquire another property. After searching for three years and systematically applying his principles when evaluating a property, I found the house of my dreams ad bought it, negotiating a 60K euro discount. I now live in this villa with antique interior and a 8300 m2 garden since 2,5 years and not a day has passed that I did not consider myself a very lucky person with this house. Thank you, Mr.Phil Pustejovsky. You are the best by test

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Dave
US

Consider other options For anywhere from $1,000-$50,000 down (they determine what you pay down according to what you say you make in your initial phone call), you get 9 private mentor calls, 30 group coaching calls, and a certain number of e-mail messages. If you run out of calls, you have to pay more. If you run out of e-mails, you have to pay more. For the calls, you have to pay for each minute at 0.01 cent with your cell phone provider. The application process is to find out information to use against you to get a sale. There are no "limited spaces" or "we're almost at capacity," that's marketing language. If you have the money, you're in. There are many costs associated beyond the initial fee you give him: you have to pay for your website ($20/yr), LLC set-up ($150-$300), business address ($25/mo), $197.00 per month ePartner fee, $600-$2,000/mo to google to get your website to show up on the search engine, $25-$200/mo for MLS access, transportation to and from properties, $700 for title, inspections & appraisals, $500-$1500 for agents & attorneys (listing agent, closing attorney, buyers agent, real estate agent), they don't fund rehabs/repairs ($600-$30,000), and the list goes on... There are only 4 mentors available per week in group coaching to handle 100s of students, and they don't reply to your e-mails soon enough to help you make quick decisions. Instead of mentor, a more fitting title would be "help line or hot line associates." They are a group of people on a help hotline. You wait in line for 1hr to speak, get some quick ideas and then hang up. They don't research your leads beforehand, don't follow up with you afterwards, and forget everything once you hang up. They don't develop a caring and lasting relationship with you like Phil purports to have had with his own mentor. Everything you are given is all available for free in his YouTube channel, books, blogs, websites, etc so you're not getting any information the public doesn't get. When you sign up he sends you all of his YT videos and a 1000 page manual in a packet, but as you start looking at it you realize he never gets around to the important things like how to find out comps, rehab costs, ARV, figuring out offers, and negotiating/financing. You will be lost. Overall, I do not recommend this program. If you add the 50% he takes from your profit plus you use them to fund your deals (which he charges interest on at 15%-25%), that brings him to taking nearly 80% of what you make. In addition, if you don't meet the $250,000 split profit goal soon enough, you will not get your down payment back. For example, if it takes you 2 years to meet that goal and you put down $7,000, you're really only getting $2,200 back due to the monthly $200 ePartner fee. Consider another option. (The people who call you in the application process are experts at placing guilt on you if you say no. They get angry raise their voice, use info from your application against you, insult you and downplay your hesitations. I was heavily pressured and paid $7,000 for this program. Phil sees us as "suckers," in all of his videos he talks about "sucker investors." And a sucker would pay him $7,000 instead of putting it into their business and finding local mentors)

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Nicole M.
US

Reaching my goals I fell in love with Phil through his Youtube Channel. He does amazing work and gives out so much signal, as he accurately puts it, and I can tell he really cares. I finally joined the mentorship program 7 months ago and am about to close on my second house flip deal. I know that I wouldn't be where I am if it hadn't been to Freedom Mentor training me on creative real estate and helping me through the purchase process. I can't wait to close on my next deal, and the next, and the next. Thank You Freedom Mentor team!

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Mary and Tim
US

Just joined and LOVING it!! I cannot put into words how much this opportunity to have been accepted to join this program means to my wife and I. I have been watching Phil’s videos constantly for about 2 months trying to figure out what to do and I never thought in a million years I would have a shot at working with Phil himself. The interview process was more thorough than I expected. For those of you who are curious, about Phil personally, he is the Real McCoy! If you can get in, it’s definitely worth it.

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Stephanie F
US

Terrific Experiences My experiences with this company have been terrific. They weren’t trying to sell me; if anything, they were trying to convince me that I should save up more money before I start investing. I appreciated their honesty because I wanted to pay them money and they wouldn’t take it.

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