Rich Dad Education
Robert Kiyosaki’s famous books spurred a whole marketing funnel of free workshops, three-day seminars, live and online classes, and even a mentoring program. It appears that the whole scheme has been re-branded, however. While the Rich Dad Education website does indeed list the course offerings, it provides little other information. That’s because everything has been transitioned to Elite Legacy Education.
I dare you to give them a call. Seriously.
Talk about sticker shock. Wowza! Now, you can take an online basic training course for only $97 but the prices go up—way up—from there. Their class on wholesaling, which is simply an online recording, goes for $1,690. The salesman at Elite Legacy figures that only amounts to about $30 per month on your credit card and if you do a wholesale deal afterward, you can PAY OFF YOUR CREDIT CARD!
They do offer discounts for multiple class enrollment packages. For instance, when I talked with them, I was offered a package of four classes for $5,390—plus one extra class for free. Most of their packages, though, range from $20,000 to $50,000, according to the salesman.
After you complete two classes of your choice, you can sign up for personalized mentoring. For $10,000, an experienced real estate investor will come to you and spend three days guiding your business strategy. Alternatively, you can get three to six months of weekly phone support. I didn’t ask how much this costs.
We’re talking about real estate investing here, so let’s think through the return-on-investment you get with an “Elite Education.” If you were to, say, spend $50,000 on buying a property instead—even if you made a few mistakes along the way and didn’t get your optimal profit in the end—you would still be better off, both financially and educationally.