Not expensive - cheap!! Especially if you intend to do any investing at all. I first heard Don on the radio in 2005. Checked it out (membership) and decided it was too pricey and I could do it on my own. Bought a place soon after with negative cash flow but didn`t mind then because we reasoned it would gain equity. Then bought a pre-construction condo that was going to make us a bundle when we flipped it. Long story short, neither one of these purchases were good investments - terrible ones actually. We didn`t even know that until I joined REIN in late 2007. Now I see clearly why these are not great buys (especially the pre-construction condo!), but I wasted 2 years finding that out. The 2 years I wasted were BIG ones to lose out on in Alberta. Moral of my story is I saved a few thousand dollars by not becoming a REIN member but lost probably 10 times that by not know what I was doing!
I`ve been a member now for 10 months and I am constantly amazed at the quality (and quantity) of information, coaching, mentoring, and just everything. It blows me away that I am getting this for only $200/mo. If I can`t make a meeting, the CD`s of the event arrive in my mailbox about 2 -3 weeks after and I can hear the information as if I had been at the meeting.
My latest savings through REIN came through the `ask an expert` forum on MyREINSpace. I had some concerns with the pre-construction condo contract I had and wanted some advice. The REIN lawyer (Barry McGuire) and Don Campbell, and other seasoned investors responded quickly and with excellent advice. I obtained a referral to a lawyer and to make this story a short one too - the lawyer reviewed the contract, found issues with it, and we were able to successfully cancel the contract! This was an unbelievably good outcome for us and this benefit alone was worth about 10+ years of REIN membership.
I have never heard any REIN member say they regretted the money spent on membership. I`ve never seen a REIN member post anything negative about their membership on the forums either. I`m definately on the right track now and never would have got on it without the REIN membership. It`s just that good.
QUOTE (spark1 @ Aug 26 2008, 11:13 AM) Hi respected REIN members,
Could you please elighten me why REIN membership is so expensive. Paying 3500 for 17 months sounds as too much for a beginner investor. Why there is no option for one month trial membership? why the minimum membership is for only 17 months? No option to cancel within the first several months.
I am not sure how long this post will last on this forum before admit delete it, but I dare to ask anyway.
Thank you,
Igor
PS I am reading the Don`s book and like them a lot, even bought my first invetment property, but still 230$ a month is a big hit.
Also, I am curious to attend a Toronto REIN meeting, but a meeting for $3500 sounds as an overkill...