The name Investor Mel and Dave has been gaining popularity in real estate investing in the past year. With their comprehensive Action Family™ Mentoring Program, these real estate mentors promise to change the way individuals approach property investment.
Their program pledges to guide participants through the real estate market, utilizing innovative strategies like no-money-down investments and leveraging Other People’s Money (OPM).
This review focuses on the various aspects of Investor Mel and Dave's offerings, program details, and the overall effectiveness of their coaching. Is their mentorship truly above average, or is it just another real estate coaching scheme? Let’s find out.
Investor Mel and Dave offer a comprehensive real estate investment program designed for individuals looking to master the field and maximize their income potential.
They are experienced professionals in the realm of real estate, particularly in multi-family and commercial real estate investing, as well as property management.
Over their 23 years in the industry, they have developed innovative investing strategies and best practices that have significantly enhanced their success.
Their approach is centered around a mentoring program called the Action Family™ Mentoring Program. This program is crafted to provide participants with the necessary tools and training to engage successfully in real estate investing.
A key aspect of their program is the ability to invest in properties without using personal savings or relying on joint-venture partners, an approach they emphasize as a unique selling point.
Mel and Dave focus on offering personalized mentorship and advice, promising direct engagement, support, and access to a community of like-minded investors.
They stress the importance of building wealth and achieving freedom within a relatively short time frame, typically 90 days, by securing investment properties and generating passive income.
The program also includes aspects like eliminating common investing pitfalls and guiding participants toward creating generational wealth without risking personal savings or splitting profits with partners.
Their aim is to provide a clear path to financial, time, and location freedom through real estate investing, with an emphasis on using other people's money (OPM) for investments while retaining full ownership of the assets.
They also provide free resources and host a podcast offering tips and strategies in real estate investing.
Their service is aimed at both new and seasoned investors who are ready to take significant action in the real estate market.
However, they also make it clear that their program is not for everyone, particularly not for those seeking quick riches or unwilling to commit to the required effort and risk.
The cost of joining Investor Mel and Dave's real estate investment program, particularly their Action Family™ Mentoring Program, is around $10,000 according to the BiggerPockets forum.
This cost covers a comprehensive package that includes personalized mentorship, tools, and training in real estate investment strategies, particularly focusing on no-money-down methods and using Other People's Money (OPM). Additionally, there is a 15-hour training session priced at $3,000.
It's important to note that these prices are based on user discussions in BiggerPockets and may not represent the most current or complete pricing structure of Investor Mel and Dave's programs.
Prices can vary based on the specific services and resources included in each program, and potential participants are likely encouraged to book a free consultation with Mel and Dave for detailed and up-to-date cost information.
As with any investment in education or mentorship, it's recommended for individuals to carefully consider the potential return on investment and how the program aligns with their personal financial goals and investment strategies.
Investor Mel and Dave offer a comprehensive real estate investment program with several distinct features, each designed to support participants in mastering real estate investing and achieving financial freedom.
Here's a detailed overview of each offer or feature:
This program is the cornerstone of Mel and Dave's offerings. It provides extensive tools and training for participants to enter the real estate market.
This mentorship is focused on generating consistent, passive income and creating financial security and freedom without requiring any upfront personal investment.
The program is built on the principles of learning from experienced investors (Mel and Dave) who have a history of success in the field.
They share their best practices, strategies, and lessons learned from their 23 years in the industry, covering aspects like multi-family real estate investing, commercial real estate, and property management.
The aim is to help participants avoid common mistakes and fast-track their journey to investment success.
Mel and Dave encourage anyone interested in real estate to plan carefully before making a purchase.
Their team of experts, including a dedicated real estate agent, is always ready to go above and beyond to ensure clients find the top investment opportunities.
They advise families on how to save effectively for their next deal, and how to keep their expenses less while maximizing cash flow.
Personal interaction and guidance are key components of Mel and Dave's approach. Participants receive direct mentorship, which includes unlimited Q&A opportunities, weekly support training, and access to a community of like-minded investors.
This community aspect is particularly valuable, as it allows for networking and learning from peers' experiences. Such mentorship is crucial for real-world problem-solving and adapting the theoretical aspects of real estate investing to individual circumstances.
Moreover, Mel and Dave's group sessions often focus on the cashflow matrix, a tool designed to help clients analyze potential investments immediately and more easily.
A notable promise of the program is the goal of securing an investment property within 90 days. This ambitious target is aimed at helping participants quickly start building their portfolio and generating passive income.
The focus is on practical steps and strategies to identify and acquire suitable properties that align with individual investment goals.
This rapid timeframe is intended to motivate and instill confidence in participants, demonstrating the effectiveness of the strategies taught.
For those unsure where to start, Mel and Dave force a rethink of traditional investment strategies, creating a place where someone can learn and grow.
They ensure that their clients are sure about every step they take, and that they’ve got all the knowledge needed to continue growing their portfolio. The key is to come prepared and stay focused according to them.
The ultimate goal of the program is to enable participants to build wealth and gain freedom. This encompasses financial freedom, time freedom, and location freedom.
By leveraging the strategies taught, including no-money-down investments and using OPM, participants aim to create a sustainable source of passive income and they can move to an easier lifestyle in a year or two.
This income can then free them from traditional work constraints, allowing for a more flexible lifestyle and the ability to pursue personal interests and passions.
As part of the mentorship program, participants gain access to exclusive deal connections. This feature involves direct contact with other investors, lenders, and partners who are interested in collaborative investment opportunities.
Such connections can be invaluable for finding and securing profitable real estate deals that might not be available to the general public.
Beyond just real estate transactions, Mel and Dave's program emphasizes the importance of treating real estate investing as a business.
They provide guidance on setting up and managing real estate investments as a business entity, focusing on long-term success and scalability.
This education covers the legal, financial, and managerial aspects of running a real estate investment business, ensuring that participants are well-equipped to handle all facets of their investment journey.
A key feature of their teaching is the emphasis on buying properties with no money down and leveraging Other People's Money.
This strategy is designed to maximize return on investment and enable participants to grow their portfolios without significant personal financial risk.
Learning how to effectively use OPM can be a game-changer in real estate investing, allowing for more significant investments and potentially higher returns.
Mel and Dave provide a wealth of free content, including a podcast where they share tips, strategies, and action steps for thriving in real estate investing.
This content is an excellent resource for continuous learning and staying updated with the latest trends and strategies in the field.
Investor Mel and Dave, like any other programs, is not for everyone. Check out the pros and cons below to determine whether this path will work for you.
You can effectively use the offerings of Investor Mel and Dave to enhance your real estate investment journey, from initial education and mentorship to practical application and independent investment decision-making if you follow the steps below!
Start by booking a free consultation with Mel and Dave. This initial step is crucial for understanding the specifics of their program, gauging its fit with your real estate goals, and getting a sense of the personalized mentorship they offer.
If the consultation aligns with your expectations and investment strategy, the next step is to enroll in their Action Family™ Mentoring Program. This comprehensive program is designed to provide tools, training, and mentorship essential for successful real estate investing.
Once enrolled, fully engage in the personalized mentorship and training sessions. Take advantage of the unlimited Q&A sessions, weekly support training, and the opportunity to learn directly from Mel and Dave's extensive experience in real estate.
Actively participate in the community of like-minded investors. Networking with fellow participants can provide additional insights, potential partnership opportunities, and real-world examples of investment strategies in action.
Apply the no-money-down and Other People's Money (OPM) strategies taught in the program. These approaches can be particularly useful for maximizing investment potential while minimizing personal financial risk.
Follow the program's guidance to secure your first or next investment property within 90 days. This step is about putting the acquired knowledge into practice and starting to build or expand your real estate portfolio.
Use the exclusive deal connections provided in the program. Access to these connections can lead to finding and securing profitable real estate deals that may not be widely available on the open market.
Adopt the mindset of treating real estate investing as a business. Utilize the program's advice on setting up and managing your investments professionally, ensuring long-term success and scalability.
Stay engaged with the free resources offered, like the weekly podcast. Continuous learning will help you stay updated with the latest trends and strategies in real estate investing.
Gradually start applying the strategies and knowledge gained independently. While the mentorship is valuable, developing the ability to make informed investment decisions on your own is crucial for sustained success in real estate.
Before investing your money in Investor Mel and Dave’s program, you might want to look at various coaching programs for real estate to check which gives the best value for money.
Below, we’ve listed the best ones for you!
Tony Robbins' real estate coaching program is part of his broader performance coaching services. His approach in real estate coaching focuses on personal development and business strategies tailored to the real estate industry.
Robbins’ coaching is expected to cover areas such as investment strategies, market analysis, personal growth, and goal setting within the real estate context.
A strategic real estate coach like Robbins focuses on every aspect of your business, identifying opportunities for improvement and listening to any concerns.
Expect a mix of personal development techniques and real estate-specific advice. The format of his coaching sessions can vary, including phone calls, video chats, or in-person meetings, and the length of the coaching relationship is flexible, catering to individual needs.
Ryan Chaw's coaching program, aimed at new investors, focuses on building a successful rental unit property portfolio.
Chaw’s approach is about guiding through the essentials of real estate investment, from choosing a long-term strategy, finding the right properties, and managing tenants effectively, to understanding and minimizing expenses.
His program is detailed, reflecting his own journey in building a six-figure portfolio while maintaining a full-time job. Chaw’s program also addresses common pitfalls in real estate investment, using his personal experience of losing $30,000 on his first property to educate others.
His coaching is tailored to help investors navigate the industry, make informed decisions, and build financial freedom through passive income.
It's a comprehensive guide, including regular tips and strategies for building and managing a rental portfolio, with an emphasis on student housing as a scalable and profitable strategy.
Chad Carson, also known as Coach Carson, offers a coaching program that helps individuals achieve financial freedom through real estate investing.
His process involves three key steps: building a solid foundation for new investors, mastering real estate investing skills and knowledge, and achieving financial freedom through strategic investments.
Carson’s approach is practical, focusing on essential skills like deal analysis, property management, and creative financing. He emphasizes the importance of real estate investing as a tool for living a richer life, not just for financial gains.
His program is designed for both beginners and seasoned investors, helping them to avoid major mistakes, grow their wealth and income, and ultimately live a life that matters.
Carson’s coaching is about creating a “small and mighty” real estate empire of low-risk, easy-to-manage rental properties.
Investor Mel and Dave's program sets a goal of securing your first (or next) investment property within 90 days. This rapid timeframe is designed to quickly build your portfolio and start generating passive income.
No, their program is designed for both new and seasoned investors. It provides the necessary training and resources to start or expand your real estate investment journey, regardless of your previous experience level.
Yes, one of the key focuses of Mel and Dave's program is teaching participants how to invest in real estate without tapping into personal savings, primarily through no-money-down strategies and leveraging OPM.
Yes, the program includes access to a community of investors and exclusive deal connections. This network allows for valuable networking opportunities and the potential for collaborative investments.
After our careful review of the offerings of Investor Mel and Dave, it’s evident that their program is really comprehensive.
Their focus on rapid property acquisition, personalized mentorship, and innovative investment strategies sets them apart in the industry.
However, the high cost of the program and its intense focus on specific strategies may not align with everyone's investment goals or financial situation.
While the program offers substantial resources and support, potential investors should weigh these factors against their personal objectives and readiness for such a commitment.
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