Are you looking for a review of EYL (Earn Your Leisure) University? Should you join it to learn investment?
I have a passion to help people explore money-making opportunities online. Over the years, I have reviewed many programs like EYL (Earn Your Leisure) University.
In the past week, I have done thorough research about EYL University so I can tell you more about it.
As a disclaimer, I’m not affiliated with EYL University . It means I’m not paid to write this review. So you can be sure that my words are unbiased.
At the end of this review, I’ll also tell you a better alternative that has enabled me to make a full-time passive income online.
In this EYL University review, I’m going to cover the following.
Table of Contents
- What Is EYL University?
- Who Are Rashad Bilal And Troy Millings?
- EYL (Earn Your Leisure) University Overview
- EYL University Pricing
- Is EYL University Worth It?
- Who is EYL University For?
- Is Real Estate For Everyone?
- Pros of EYL University
- Cons and Complaints of EYL University
- Positive and Negative Feedback From Students of EYL University
- Is EYL University a Scam?
- EYL University Review: Final Verdict
- What is the Easiest & Best Way to Make Passive Income?
What Is EYL University?
The topics covered in EYL University’s Real Estate Investing, Homebuying, and Finance program are just that: real estate investing, home buying, and home purchasing. The majority of program participants are people of color, and they receive support through the program that traditional real estate investors would not provide them.
Troy Millings and Rashad Bilal developed the program. Earn Your Leisure is the true meaning of EYL. These two have started their own thriving business using the name EYL.
Their main goal is to increase wealth in the black community while incorporating elements of black popular culture into their business. Their goal is to provide their customers with a fun and engaging environment in which to engage in real estate investing.
These guys are great at marketing, so naturally they have a sizable online following. They host podcasts where they give advice on various financial topics such as banking, loans, and investing.
Who Are Rashad Bilal And Troy Millings?
Rashad Bilal and Troy Millings created EYL (Earn Your Leisure) University.
They are great marketers, who have accumulated a lot of followers on social media. At the time of writing, their YouTube channel has around 412K subscribers. They also have a popular podcast, Instagram account and more.
Their primary focus is on building wealth within the black community and incorporating popular black culture into it. They try to make their learning materials entertaining.
So should you buy their courses and learn from them?
To answer this question, you need to see if Rashad Bilal and Troy Millings are making money from what they teach. Considering their large social media following, they should be making quite a bit of money from their YouTube channel or podcast. But there’s no indication of their return on investment from real estate or financial investments.
Anyway, let us take a look at their course and what you can expect to learn from them.
EYL (Earn Your Leisure) University Overview
EYL University includes webinars, interviews and a private community to learn how to make financial and real estate investment.
EYL University has two parts. The first part is the EYL content and the second part is the Home Buyer’s Blueprint. Let me tell you one by one.
The EYL university is a community for those looking to improve their financial situation and learn what you need to do to invest money.
The program includes:
- More than 100 past webinars
- Webinars are held weekly
- Interviews with industry experts
- Private Facebook community
- Movie and book club
- Financial planning calls are held with Rashad Bilal every month.
You will be able to network, build relationships with likeminded people, and get your questions answered there.
Home Buyers Blueprint
First-time home buyers, new agents and loan officers can benefit from the Home Buyers Blueprint.
In this course, you will learn the following:
- A home buying process is broken down into steps.
- Hiring the right loan officer
- A glossary of terms you should learn about
- A basic understanding of mortgages
- Home shopping
- Different kinds of loans
Furthermore, you will also get access to weekly mentorship calls with other real estate experts and Mortgage Guy.
EYL University Pricing
EYL The university is not cheap. It costs $499 per year to join the course or community
There seems to be a 30 day money back guarantee, but there is no explanation of the terms. I am not sure if it is a noquestions asked refund policy.
Is EYL University Worth It?
EYL University focuses on banking, home buying, and real estate investing, indicating that this institution primarily serves the African American community.
If you’re looking for an introduction to financial concepts in a friendly and encouraging EJS environment, this course may be for you.
The price is fair and there’s an entertaining and interesting show. But I think there are smarter and cheaper ways to make money than real estate. I will tell you more at the end of this review.
Who is EYL University For?
If you want to learn finance or real estate investing, you should be able to benefit from EYL University. However, you should note that the entire community is for blacks.
You may not be able to fit into the black culture of the community.
Is Real Estate For Everyone?
There is little doubt: real estate is not for everyone. It is not enough to simply decide that you want to invest in real estate. It’s important to think things through thoroughly before you get involved in real estate.
The process of buying and selling real estate is often glamorized on reality television, making it seem like a breeze. However, the corporate world is not as simple as it appears on television.
Real estate investing starts with knowing the market and acquiring investment assets. Getting there is tedious and only gets more difficult from here on out.
You need more than just an eye for promising properties and a willingness to haggle if you want to succeed in this market.
Pros of EYL University
1. Focus on the black community
Unfortunately, racism continues in the present. It’s heartening to see that there’s a recognized brand working to educate and empower black Americans in the real estate market. The fact that other companies don’t take them seriously says a lot about the persistence of racism in the modern world.
2. Friendly community
Given the popularity of the EYL brand, its fan base is enormous. A large group of people is waiting to welcome you in their midst, so finding partners for your ventures shouldn’t be difficult.
Cons and Complaints of EYL University
More Focus On The Branding
Personally, I doubt that real estate investments are the main source of income for the University EYL. Based on their success in social media and the products they have been able to sell in their online shop, it seems clear to me that they make their money from their brand.
I mention this to emphasise that the University EYL is just a subset of the larger EYL brand. This organisation is not a real estate company.
I strongly suspect that the creators do not make the majority of their revenue from the courses themselves.
Expensive Business Model
Not everyone should get into real estate. It’s expensive, both in terms of time and resources. Of course, not everyone has that kind of extra money available.
There are numerous things to consider and take care of before you can even attempt to sell your first investment property. Remember, you want to make a profit, so all of these actions will be expensive.
The quality and value of your property will go down the longer you wait to do anything.
That’s another reason why it’s important to have a large circle of acquaintances. Find buyers quickly so you can make a profit on your investment.
Lack of Testimonials
Testimonials are a good indicator of the success or failure of a particular course. The most pressing question for the EYL University is “Is the course effective?”.
However, this cannot be determined because there are not enough testimonials to make such a determination.
Positive and Negative Feedback From Students of EYL University
- The community of EYL University looks quite positive, but it has a strong black culture inside. If you like black culture, you may like the community
- You can learn the basics of investment
- No verified testimonials of success students
- The membership fee is quite expensive
- Not everyone has money to do investment
- Very likely, Rashad Bilal and Troy Millings are making more money from selling courses because they devote a majority of their time in promoting it instead of doing investment
- Real estate investing requires a lot of capital and hence is risky
Is EYL University a Scam?
I cannot say EYL University. There is no evidence to say so. It seems that EYL University is a legit community where you can learn investment from Rashad Bilal and Troy Millings. The course creators also know what they are teaching.
However it doesn’t mean I recommend it to everyone.
Investment is not for everyone, especially financial and real estate investment because it requires a lot of capital.
Most rich people do not build wealth through investment at the beginning. They must have a skill to generate cash flow before they can make any investment.
Therefore, if you don’t have much money at the moment, I would suggest you start with something easier to generate more income.
In recent years, the world has undergone a massive change due to the Internet which has created a lot of money-making opportunities.
You can actually build an online income stream instead of relying on property or financial investing.
Therefore, I would suggest you starting an online business, which would be your digital asset to generate more cash flow for you.
In the next section, I will introduce you to the best online business model to start today.
EYL University Review: Final Verdict
Investing in real estate is not as easy as you might imagine. It requires a high level of commitment, time, resources and expertise. Do not assume that just because you have purchased a property, you are free to act.
The goal is to close the deal. So it’s important that the work you do resonates with the target audience.
There are others who have tried their luck in real estate, but they quickly realised that textbook knowledge alone is not enough. You cannot reasonably run a business on your own, so you need a team to help you with the various tasks.
If you want to succeed in this highly competitive industry, you need to be totally dedicated to your work. As an amateur, it will cost you quite a bit of money, so you need to spend time and resources to learn the ropes.
You should look for another part-time job if you honestly believe you cannot afford it.
I can suggest an alternative method of making money that does not require such a high initial investment and is much easier to master than real estate trading. You will learn more about it in the following section.
What is the Easiest & Best Way to Make Passive Income?
If you want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.