Ron LeGrand is a well-known figure in the real estate industry with over two decades of experience. He’s not only made a substantial fortune through investments and product sales but has also gained popularity as a speaker and author.
Ron primarily focuses on the Florida market, where he hosts educational events for investors.
Now, you might be wondering if Ron LeGrand lives up to his claims. Let me clarify that I have no affiliation with him, and I’m not being paid for this review. You can trust that this review is completely unbiased.
Towards the end of this review, I’ll also share an alternative solution that has helped me achieve a full-time passive income online.
Table of Contents
- Who is Ron Legrand?
- What Products Does Ron LeGrand Offer?
- Can Ron Legrand Help You Make Money In Real Estate?
- Are Ron LeGrand’s Students Getting Results?
- 3 Real Estate Tips from Ron LeGrand
- Praise for Ron LeGrand
- Criticism of Ron LeGrand
- Is Ron Legrand Legit?
- 3 Risks of Real Estate Investing
- Is There A Better Way to Make Passive Income?
Who is Ron Legrand?
Ron LeGrand is a seasoned real estate expert with over 20 years of experience. He claims to have made a substantial fortune through investments and product sales.
Most of his business activities are centered in Florida, where he hosts various seminars and workshops covering different aspects of real estate investment. His company, Global Publishing, is based in Jacksonville.
Ron LeGrand has been promoting his books and workshops for many years. He used to offer a “Gold Club” membership, and he’s currently promoting an updated version of this course. However, it’s important to note that his offerings can be quite expensive, with some seminars costing up to $9,000, in addition to typical training fees of around $600 and a monthly fee of $59 for the Ron LeGrand Gold Club.
While Ron LeGrand has achieved success in real estate and remains an active investor, some may question whether the knowledge he provides justifies the high cost. In my opinion, real estate investing, at its core, isn’t overly complex.
Ron does teach some fundamental concepts, but since his primary focus is on one specific strategy, wholesaling, the $9,000 price tag may seem steep.
What Products Does Ron LeGrand Offer?
For those who can’t attend his live events, Ron LeGrand offers a variety of home study courses, including:
- Big Money In Big Chunks
- Cash Flow Systems
- The Fastest & Easiest Ways to Make Money in Real Estate
- Foreclosure Fortunes
- Getting To The Next Level
- How to Get Rich with Your IRA and Never Pay Taxes
- Pretty House Terms Cash Flow System
- Private Lending
- Speaker & Promoter
- Wholesaling Houses
- Work for Equity
These courses range in price from hundreds of dollars to nearly $3,000. You can visit his website for detailed information about each course to understand their contents.
The Ron LeGrand Gold Club membership offers additional savings and resources, granting access to:
- Articles on real estate and internet-based money-making techniques
- Real case studies
- Access to experienced investors and Ron LeGrand himself
- Audio and video training
- Discussion areas
- Forms and Agreements library
- Business Letters Library
- The Mentor Newsletter
Plus, there are many more benefits and resources to explore. Gold Club members also enjoy discounts on all LeGrand courses and live training events. Membership fees range from $59 to $697, depending on the tier you choose.
Can Ron Legrand Help You Make Money In Real Estate?
Yes, it’s possible, but it requires dedication and financial resources.
Owning property comes with its share of responsibilities, and it’s not always easy.
However, don’t get me wrong; making money in real estate is achievable. If you’re willing to put in the time and effort to learn the ropes, you can potentially earn a decent income along the way.
Learn more: How to Make Money from Real Estate
Are Ron LeGrand’s Students Getting Results?
Although there is no solid evidence to confirm Ron LeGrand’s effectiveness in helping students make money in real estate, customer feedback indicates that his courses may not have delivered on their promised results.
On the Better Business Bureau website, I came across several complaints about Ron LeGrand’s courses.
For example, this student enrolled in Ron LeGrand’s program, initially paying $897. They were later convinced to invest over $43,000 in various programs and services offered by Ron LeGrand and his affiliates.
During the training, the student found that Ron LeGrand’s strategies involved unethical and potentially illegal practices, including targeting distressed homeowners and questionable contract terms. These practices raised ethical and legal concerns, and the student had no success in implementing them.
This student spent approximately $25,000 on Ron LeGrand’s program after being persuaded by a salesperson who promised quick earnings. However, the program didn’t provide mentorship for over a month, and when it did, it introduced questionable practices, such as misleading potential tenants into viewing houses and pressuring them to make substantial deposits.
The student found these practices unethical and decided to leave the program due to concerns about their reputation and the program’s lack of alignment with their expectations of house flipping for commissions.
Certainly, there are also some positive feedback.
In online discussions, a Reddit user shared a positive experience, saying, “I personally like Ron legrand. I went to his quick start school (for free as a guest of a friend) and I ran with it. I made 4k on one deal 3 months later. I never looked back.”
However, another user describes a frustrating experience at a 3-day seminar. Initially, the seminar was supposed to be led by someone else, but it was taken over by LeGrande who aggressively promoted their program. One of the mentors at the seminar had very little experience in real estate transactions, even less than the Reddit user who wrote the comment.
3 Real Estate Tips from Ron LeGrand
If you’re considering Ron LeGrand’s real estate training programs, here are some straightforward tips he offers:
1. Real Estate Success is Attainable for Anyone
It’s a common misconception that many real estate tycoons come from wealthy backgrounds and have received substantial inheritances, even though they often downplay their origins. This perception might lead some to believe that having more money is a significant advantage in the real estate business.
However, Ron’s success story proves otherwise. He demonstrates that you don’t need a hefty bankroll of $10,000 or more to start a thriving real estate brokerage business. In just a year, Ron transitioned from working as a mechanic to becoming a real estate investor.
Despite initially struggling to afford a washing machine for his wife, he went on to negotiate seven-figure real estate deals within a decade.
2. Prioritize Cash Flow by Selling Quickly
Ron emphasizes the importance of financial stability in real estate investing. As one of his favorite quotes suggests, “If you can’t pay your bills, you can’t build wealth.” Many real estate investors find themselves with substantial equity but limited cash on hand, a challenge Ron recognized early on.
He understood the value of using some of his holdings for rapid sales and reallocation to ensure a steady income stream. While individual transactions might yield less profit, this approach allowed him to take on more projects without compromising financial flexibility.
3. Consider High-Value Properties for Flipping
New investors often shy away from higher-priced properties out of fear that they won’t recoup their investment. However, Ron encourages the purchase of more expensive properties for flipping.
The rationale is simple: higher-priced properties offer greater profit potential upon resale, and they typically require less renovation work. Luxury homes tend to have fewer issues, and buyers in this market segment often have more available cash. This means fewer negotiations over minor details.
In essence, the main difference between a $100,000 home and a $1,000,000 home is that you stand to make ten times more from the latter. While it’s okay to start with cheaper houses as practice, once you gain experience, don’t shy away from high-value opportunities.
Praise for Ron LeGrand
1. Extensive Real Estate Experience
Ron LeGrand boasts over two decades of experience in the real estate industry. His longevity and success in the field demonstrate his deep understanding of real estate investing, making him a valuable source of knowledge for aspiring investors.
2. Diverse Training Programs
Ron LeGrand offers a wide range of training programs and resources, catering to various aspects of real estate investing. Whether you’re interested in wholesaling, flipping houses, or other strategies, his diverse offerings can provide comprehensive education to suit your needs.
3. Positive Reputation
Ron LeGrand has garnered a positive reputation within the real estate community. Many individuals have reported success and positive experiences with his training programs and guidance, further enhancing his credibility as a real estate guru
Criticism of Ron LeGrand
1. High Costs
Ron LeGrand’s training programs and courses are often considered expensive. This high cost can be a barrier for many potential investors, especially those who are just starting and have limited financial resources.
2. Limited Free Resources
While Ron LeGrand offers paid training programs, he provides relatively limited free resources and educational materials. This can make it challenging for individuals to get a sense of his teaching style and expertise before committing to a paid program.
3. Focused on Specific Strategies
Ron LeGrand’s primary focus is on certain real estate investment strategies, particularly wholesaling. This may not be suitable for those seeking a more comprehensive understanding of various real estate approaches, limiting the diversity of knowledge provided.
Is Ron Legrand Legit?
Yes, Ron LeGrand is a highly regarded expert in the real estate field.
But when it comes to launching your own business, there are alternative paths to consider.
If you aim to become an investor or partner in real estate, you might find more effective options than Ron LeGrand.
While Ron LeGrand has a positive reputation in some circles, there are also mixed reviews and criticisms from students who found his programs less effective or who felt that his teachings oversimplified the complexities of real estate investing. It’s essential to consider a variety of perspectives before making a decision.
3 Risks of Real Estate Investing
Before considering an investment in Ron LeGrand’s programs, it’s essential to understand the risks associated with real estate investing. Here are some examples:
1. Market Uncertainty
The real estate market can be unpredictable. While it has shown resilience, such as during the COVID-19 pandemic, where it reached all-time highs in many areas, it’s important to remember that market dynamics can change.
Factors like supply and demand, economic conditions, demographics, interest rates, government policies, and unforeseen events influence real estate trends, including property values and rental rates.
2. Negative Cash Flow
Negative cash flow occurs when your real estate investment doesn’t generate enough income to cover expenses, including taxes, insurance, and mortgage payments.
Common reasons for negative cash flow include high vacancy rates, costly maintenance, expensive loan financing, inadequate rent charges, and suboptimal rental strategies.
3. High Vacancy Rates
Maintaining high occupancy rates is vital for generating rental income in real estate investing. However, there’s always a risk of facing high vacancy rates.
This risk is particularly concerning if your rental income is essential to cover mortgage payments, taxes, maintenance, and other expenses.
Is There A Better Way to Make Passive Income?
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online instead.
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.
For more information, you can check out our full review of Wealthy Affiliate.