Thursday, September 2nd, 2010

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Considering Than Merrill’s “Wholesaling University”? Do Your Due Diligence First…

Skeptical about Wholesaling University? Listen to this first...

So Than Merrill’s “Wholesaling University” opened its doors today.

Posturing itself as, “…a systematic, classroom-style approach to continuing education in today’s wholesaling arena.” it makes some pretty bold promise of comprehensively . 

But will it really deliver?

UPDATE: Please note that Wholesaling University is now closed to new charter members. I’m sure they’ll reopen at some point, at which point I’ll make sure and alert REI Tips subscribers.

While I’ve never been through any of Than’s educational offerings before, I must say I’ve been intrigued by “Wholesaling U.” since it first hit my radar.

(And yes, it’s true – I was recently asked (and agreed) to contribute by teaching a module myself.)

But more importantly, I know some of my friends and colleagues here will be considering how these classes might be a fit for you, and whether you should invest your hard-earned education dollars in it.

Consider This Before You Buy…

Here’s a few things you should find helpful in your due diligence, including a private interview I had with Than last Sunday night, in which we boil Wholesaling U. down to its very essence for you.

If you’ve been around REI Tips for a while, you know how much I love unscripted interviews.  And Sunday night I got on Than on the horn and threw an array of questions at him, including:

  • Who are you, and what’s your REI business really like today?
  • What exactly is Wholesaling U?
  • How did you come up with the idea?
  • With no shortage of REI education available, what sets this apart and makes it unique?
  • What will the training sessions really be like?
  • How much does it cost?
  • Is this a replacement or a supplement to a good wholesaling home study course?
  • Will there be any other discounts offered on your other products?

I think you’ll find this interview very helpful in processing how Wholesaling U. might fit into your continuing education as an investor.

Listen to a “Ruthlessly Benevolent” Chat with Than Merrill…

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In addition to candidly answering all the questions above, Than unexpectedly threw in a few practical, real-life tips into the mix of our chat.  I may post them separately in the future (as REI Tips) but for now you’d do well to take a couple of notes when you listen, and learn about…

  • A window of opportunity for “Bulk REOs” today
  • The biggest resource for new leads in their business today
  • How to sell a house fast with a zip code / demographic list from Experian (a golden tip here)
  • Specifically how his biz has changed in the last year to compensate for today’s market?
  • His top 2 strategies for finding hot investor-buyers quickly (another hot one)

So I definitely recommend listening to our chat before you make a buying decision.

UPDATE: Please note that Wholesaling University is now closed to new charter members. I’m sure they’ll reopen at some point, at which point I’ll make sure and alert REI Tips subscribers.

A Handful of Wholesaling U. Nuts-and-Bolts…

Short and sweet-like…

  • The doors open today (1/29/09) at 12-Noon EST.
  • You can test drive the university with a risk-free trial first (a nice touch)
  • You’ll find a good bit of content already pre-loaded inside right from the start.
  • Live training sessions kick off for charter members next week.
  • Content is specialized, and designed to be consumable at your own pace, digestible and practical.

In my final assessment, I for one am looking very much forward to seeing this new resource in action. And holding Than’s feet to the fire to make sure he delivers the value he’s promising. :-)

If this resonates with you, then jump in and give Wholesaling U. a “test drive” here…

UPDATE: Please note that Wholesaling University is now closed to new charter members. I’m sure they’ll reopen at some point, at which point I’ll make sure and alert REI Tips subscribers.

A Special Bonus Offer from REItips.com

I’ve noticed a number of my industry colleagues offering special bonuses to those who do, in fact, opt-in to Wholesaling U.

Not one to be outdone, I’ve put a bonus package together of my own.  It’s something of high value that I’ve never offered openly at REItips.com before, and I think will be of enormous value to those who get access to it.  It’s good for as long as he keeps the doors open for new charter members.

If you’re interested, click for details below…

Limited Bonus for Wholesaling University. Click for details...

And as always, your comments are welcome.

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  1. 1 Comment(s)

  2. By Eric (5 comments) | Reply

    It is absolutely shameful how all of you would be Gurus cover each others backs. How you continue to pander your overpriced “secrets” to the masses. People that are so overwhelmed by all that keeps being thrown at them, they want to believe there really is a secret to success which you all posses. They forget that action, and not another course is the real answer.

    Hi, Eric. Thanks for commenting.

    Am I a “would be Guru”? I’m not sure if you’re talking about me. I don’t find “guru” to be a particularly bad word. It just means “known expert” in a particular field. But also I don’t consider myself one. I’ve got my fair share of deals squarely under my belt. Done over a hundred wholesale deals, been a landlord a few times over for the last 9-ish years, done a few other types of deals…but I really consider myself more an advocate for my fellow real estate investor. At least I do my darndest to present myself that way. If I’ve ever come of like I see myself as a “guru” (positive or negative connotation) then it was a mistake.

    I make no bones about the fact that I aim to make money from this website here. Just as in the real estate biz, I’m not in it for my health. I’m an entrepreneur through and through, and there’s no need to apologize for that.

    But I refuse to sell my soul or sacrifice my integrity in the process. And there’s no need to. I may make less money, but I can sleep at night and look my girls (wife and daughters) squarely in the eyes and know they can be proud of me. I also serve a God who’s got some pretty lofty guidelines for me to live up to as well…so I do my best in that arena too. :-)

    Long story short…I’m not sure if you’re talking about me here or not, but I hear your pain. And frankly, I agree. Action beats buying another course or attending another seminar any day of the week. I have no problem buying stuff or selling stuff for that matter. And education is critical if you want to shorten your learning curve and waste less money and/or time while you’re moving forward. But it can be (and all too often is) a poor excuse for not taking action.

    Thanks for the reminder.

    My best,

    …jp

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