Tigrent Learning – would you recommend this training?

by Readers Question

21:00 PM, 23rd February 2015
About 4 years ago

Tigrent Learning – would you recommend this training?

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Tigrent Learning – would you recommend this training?

I would like to move into property investing but have no experience whatsoever. I have a friend who went through Tigrent Learning and is now a successful property investor and I would like to follow in her footsteps. However, the course is very expensive and I want to show my family it is worth it and in order to do that, I would like to know how other investors who are successful without going through Tigrent did it and whether they would have spent £18000 on a course to help them every step of the way by other professional successful property investors. Tigrent Learning - would you recommend this training

Many thanks

Claudia

 



Comments

Mark Alexander

21:07 PM, 23rd February 2015
About 4 years ago

Hi Claudia

That's an eye watering amount of money and I would never spend that much.

What might be a lot more justifiable to your family is to spend a lot of time reading this website as it will cost you nothing. If you get bored of reading and want to meet successful landlords then join a landlords association and go to their events. Memberships typically costs less than £100 a year and most welcome guest to their meetings free of charge without them needing to be a member - see >>> http://www.property118.com/landlords-associations-list/31864/

Another good investment is landlord accreditation. It's a full day of professional training and costs around £150. Look for a passport-able scheme such as the ones run by NLA, MLAS and LLAS - see >>> http://www.landlords.org.uk/support-advice/landlord-accreditation.

If you get oanybody on here saying the training is fantastic value just bear in mind they could be a stooge. Check out their member profile to see how many comments they've made before. If they are new to Property118 be suspicious.
.

Mark Alexander

21:10 PM, 23rd February 2015
About 4 years ago

PS - have a chat with Hazel de Kloe, she worked as a trainer at Tigrant for several years and is now a sponsor here having set up her own training business.

See >>> http://www.property118.com/member/?id=2223
.

matchmade

12:43 PM, 25th February 2015
About 4 years ago

I too would be highly sceptical that you will get value for money. How much support is there afterwards? No matter how good and inspiring the courses, you will remember surprisingly little afterwards: what most landlords really need are good reference materials, common sense, a network of reliable tradespeople, and accumulated experience over time.

Besides joining one of the residential landlord associations like the RLA or NLA, you can also learn a great deal by simply reading a book or two: there are lots of books aimed at landlords - see Amazon - and you will probably find some at your local library, either on the shelves or via inter-library loan. There may even be a thread on this website which makes some recommendations.

I don't know how much time you have spent considering why you want to go into property investment, or how many people you have discussed this with, but I would be cautious of thinking that you can repeat your friend's experience. Many so-called "successful" investors may simply have been lucky with their timing, or have considerably greater financial or time resources than you, or aren't looking at the full picture: someone may consider themselves successful if they have made a capital gain but are actually just breaking even or making a loss in income terms, which they will come to regret when interest rates rise or they acquire a dodgy non-paying and property-damaging tenant.

David Lawrenson

13:02 PM, 25th February 2015
About 4 years ago

Or read a good book, I could suggest one or two good ones at under £6!
Search "buy to let" on Amazon.co.uk and off you go.

It's our opinion that no one needs to spend that amount of money. It is ridiculous

And as Mark said lots of information on this site and others too.

You might like to stop and consider if the people running expensive courses and charging such amounts of money are so good at being property investors, why would they spend valuable time teaching others how to do it, and presumably earning a lot less than they get from being property investors.

As my good friend Richard Bowser (Editor of a property magazine) says, "Perhaps their marketing skills outweigh their skills as property investors"

Quite!

Sally Tattersall

13:03 PM, 25th February 2015
About 4 years ago

Hello Claudia

My husband and I paid £20,000 for a Tigrent package which included a 3 day Mentorship. We completed most of this last year.

Without saying too much - please please do not waste your money. I am still feeling very annoyed at myself for parting with such a lot of money for practically nothing in return.

We have gone on to buy a property at auction which is taking shape but this was done without any help from Tigrant.

Save your money please, I wish someone had said this to me last year!

Sally

David Lawrenson

13:15 PM, 25th February 2015
About 4 years ago

Fascinating.

I know this may be painful for you to recount, but we are always interested in why people would do this.

What was the thinking, motivation that made you do it.
And why did you not just research the subject by getting a good book, reading Property118, my site, LandlordZone, join the NLA etc. - all free or low cost.
Find real experts who have really DONE IT themselves?

Please share the info for the benefit of others

Victoria Holt

13:29 PM, 25th February 2015
About 4 years ago

Hi Claudia

I started my property journey (education) looking at Tigrent. I did the 3 day course where the up-selling and pressure was the worst I've ever experienced.

I would suggest you attend network meetings like PIN or PPN to see speakers and a get a flavour of what training they offer. Talk to people on the property circuit to get feedback to hear their experiences.

It took me 6 months to find a trainer I thought had the same values as me and same strategy. I wasn't looking for promises of getting rich quick!

Like any training it's only good if you take action afterwards.

You do not need to invest £18k for your education. I'd only do this after looking at all options and being sure the provider fits your strategy and values. After that If you think Tigrent are the right ones for you then least you've made an informed choice. You can always try taster days or one day courses before committing to an annual package.

Best of luck on your journey. This site is a great place to start.

JohnCaversham

13:37 PM, 25th February 2015
About 4 years ago

Nooooooooo, waaaay way way too much money--almost a scamtastic amount of money!

To get started do lots of research online and maybe a mentor, but certainly attend your local (PIN) Property Investors Network meeting and but ABSOLUTELY buy the monthly mag 'Your Property Network', i'm not plugging them for gain, but the publication is a great read full of case studies, do's and don'ts, market trends, new strategies, network meeting's, contact numbers etc,. I've done various 'taster' courses and 1 day boot cams, 3 day seminars at Wembly (people here will know which one!) and YPM mag has ALL the same basic info these guys are peddling for less than a tenner a month!

Good luck, and if you're based in the south and want to have a chat with me in Berks then get in touch..
Rgds JC

Sally Tattersall

14:27 PM, 25th February 2015
About 4 years ago

Reply to the comment left by "David Lawrenson" at "25/02/2015 - 13:15":

Hi David

To be fair, I have got a lovely photo of me and Martin Roberts!!!

I wanted to bring myself up to date with the BTL market after having 3 very successful HMO's in Winchester in the late 90's. I had to sell them when I divorced in 2006. I made money but lacked the confidence that I could do it again.

Tigrent offered courses on commercial property, creative finance (their own version!) HMO's. The bog standard BTL course was of no interest to me as it's fairly basic stuff. The Mentorship was appealing, a sort of hand holding exercise which turned out to be unhelpful and patronising.

If anything, it taught me that I knew a fair amount already and to have more faith in myself and my property decisions.

One of the properties which I bought in 1997 for £355k as a dormant nursing home sold in 2006 for £1.25M

The Tigrent thing was just lack of confidence on my part at that time in my life.

David Lawrenson

14:36 PM, 25th February 2015
About 4 years ago

Reply to the comment left by "Sally Tattersall" at "25/02/2015 - 14:27":

Ah, Martin R, him of Homes Under the Hammer fame, I think he also has a tome out on buy to let.
Curious why you suffered a lack of confidence when you had already been successful on HMOs, which is a technically harder area, and more easy to get wrong than standard lets anyway.

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