Scott McGillivray started Keyspire along with his long-time friend and Income Property costar, Michael Sarracini. Should you attend their next workshop?
Because the market has changed, hasn’t it? People are nervous. It’s now a buyer’s market. But buyers are skittish. They don’t know what the future holds.
So what’s a beginner real estate investor to do? Sit on the sidelines? Listen to the naysayers, many of whom probably share the same last name as you?
Heck no, Scott says. Get informed, get educated, get in the game and become a professional buyer. That’s where all the money’s made.
Prices are dropping, so everything’s on sale. And even if that wasn’t the case, real estate is less about timing the market and more about time in the market.
Yes, you’re gonna be nervous. That’s a good thing. Keeps ya vigilant.
After you get those first few properties under your belt, that goes away. And your only regret’s gonna be not buying them sooner.
“If you’re worried about losing money,” Scott says, “I’ve got a guaranteed way for you to lose money. It’s called doing nothing. Letting inflation take a big bite out of everything you’ve got saved up.”
“Just promise me this: You’re not gonna flip houses in this market. You don’t wanna be flipping houses in a flat market. Even in a good market, I’m not huge on flipping houses,” he admits.
“I like to keep properties. The very first house I ever bought as a University student, which I rented out to other students, I still have that property today.”
“I really do believe this is one of the biggest opportunities I’ve seen since 2008,” he continues. “I remember, I was filming Income Property back then, and I received a lot of criticism. Everyone was like, ‘Should you really be telling people to buy houses right now?’ And I said, ‘This is the perfect time to be investing in real estate.'”
“So be careful where you get your information from. The media, the news – there’s a lot of fear out there. You have to pay attention to the statistics that actually matter,” Scott says.
Ever since the Big C happened, Scott and Michael’s three-day Keyspire Signature Workshop is now being held virtually.
There’s a separate one for U.S. and Canada residents, obviously, since the laws are a bit different.
But once you register, you can select an upcoming Friday through Sunday to attend. Everything’s taught live over the course of those three days, where you can log in and learn from the comfort of your own home.
Get proven systems for leveling up your real estate investing and learn from the best in the biz.
Cost is $297.
You and one at-home guest can attend.
When it’s over, if you don’t think it was worth the price of admission, you can ask for a full refund and they’ll gladly send you your money back.
My guess is that they’ll have a more expensive coaching program they’ll try to upsell on that last day, so just watch out for that.
Other ‘n’ that, they’ve been running these workshops for years now, and the feedback’s been mostly positive. Keyspire has an A+ rating with the Better Business Bureau, for example.
In terms of negativity, there were a handful of people on BiggerPockets who said they were, in fact, upsold into a $20,000 coaching program. At which point, they were basically handed off to these no-name Keyspire “success coaches” who were of little help.
“I wish I could have a do over,” wrote Christa Oliver. “I’d not fall for this again.”
For me, I’m just not a fan of traditional real estate investing. Not when digital real estate investing can produce greater returns with far fewer headaches and way less risk.