EYL University Review – 5 Reasons to Avoid

By Netbooks Review

Nov 12, 2021

If you’ve been looking for a way to make money in real estate investing, you’ve probably stumbled upon Earn Your Leisure (EYL) University.

According to the MSCI, the real estate market is worth $10 trillion dollars — that’s more than twice the value of Apple or Google. So if you want to make money in real estate, you’re literally swimming in opportunities.

The EYL University wants to help you create your own empire of “multiple passive income streams” through real estate.

It sounds nice on paper, but is this program really worth your time and attention? Keep reading to find out!

An Overview of EYL University

The EYL University is a black-owned company that was created with the idea of providing financial education for the black community.

Troy Millings and Rashad Bilal developed the EYL University to teach people about the importance of investing in real estate, and they’ve developed a framework that helps them use real estate to serve both their own goals and the goals of their local community.

What does it cover?

EYL University covers many different topics, especially focused at those new to the real estate arena.

You will learn about investing in raw land, single-family homes, multi-unit properties, apartment buildings and commercial real estate. That’s why one of the main focuses of the EYL University program is managing rental properties successfully.

There are also interviews with experts in various fields. These experts include: attorneys, accountants, insurance agents and mortgage brokers.

You will learn about taxes and retirement planning, as well as how to read mortgage papers and financing options.

You will also join live Zoom webinars where you’ll be able to ask questions and get answers from the community for any questions you have about real estate.

What’s inside the EYL University?

There are two parts to this course. The first part teaches you the EYL method, and the second part teaches you a specific strategy called the Home Buyer’s Blueprint.

Let’s break them down:

EYL University Part 1 – The Community

This is the cornerstone of the EYL University. It is a complete section that covers everything one needs to know about building wealth. It includes informational webinars, live Q&A sessions and access to a private Facebook group.

One of the most important items in this EYL University section is the Financial Planning calls. You’ll get a monthly phone call with Rashad Bilal, who’s also a certified financial expert.

During this call, Rashad Bilal discusses general financial planning topics such as retirement, investing, paying off debt, college savings plans and other financial topics relevant to entrepreneurs.

EYL University Part 2 – Home Buyers Blueprint

Home Buyers Blueprint is a section designed to help home buyers, and realtors understand the complete process of buying a home.

It’s a comprehensive and interactive online course for anyone in the process of buying or selling a home. It teaches them the important steps in the purchasing process and provides them with the knowledge they need to make smart, informed decisions.

You’ll learn about interest rates, closing costs, commissions, title insurance, escrow accounts and what they are used for.

Throughout this part, you’ll also learn:

-The different loan types
-The different terms
-How to choose a loan officer
-How mortgages work
-What to look for when shopping for a home
-And much more.

How much does it cost?

It costs $499 to enroll for one year. If you decide to give EYL University a try, it also comes with a 30-day money-back guarantee.

The Good & The Bad about EYL University

The Good

As a member of the EYL community, you’ll have a chance to meet and talk with other people in the same boat as you.

The group’s members have been posting regularly on the forums and interacting with each other about their studies for years now. You can look at their profiles and see how they’ve progressed, which will give you a good idea of what to aim for when it comes to your own studies.

Everyone is in the same boat as you, so you won’t have to feel intimidated when asking questions or talking about your studies. This kind of support from your peers helps to keep everyone motivated and moving forward.

The EYL University also provides a very solid foundation for beginning real estate investors.

The course is broken up into easy to follow lessons and the instructors are very knowledgeable and experienced in the industry. The school provides real estate facts, information and tools that no other school or training program gives you.

The program has a balanced approach in which you will learn how to implement and use proven strategies and tactics in the real estate business and also how to avoid common mistakes that others have made in the past.

The Bad

  1. ​I have to admit I’m not 100% sold on the program. The problem with the EYL University is that they mislead their students into thinking that they’re getting something more.
  2. No one’s promising that you’ll be able to quit your job and live off your real estate profits by tomorrow, but on its website EYL makes it sound like investing in real estate is easy.
  3. If real estate were easy, there would be no need for EYL University.
  4. Real estate is, in fact, one of the more difficult ways to make money. That’s because it requires a significant amount of startup capital (and will still be very tough without it), and it takes time to grow your portfolio.
  5. On another note, none of the testimonials on their site are from students who have actually gone through all the lessons or produced any kind of investment returns. Most are just saying that they believe in the program, which is not worth much when it comes to credibility.

That means there’s nothing to prove that anyone has ever gone through the program and made any money from it.

Is EYL University a Legit Course?

EYL University is a legit real estate course that will teach you all the necessary skills to get started in real estate.

However, as I mentioned before, this real estate investment program is for people with enough upfront capital, though.

If you are someone who doesn’t have much money to spare, I don’t suggest you venture into this market. Although it is possible to make money out of real estate, you will need at least $50k or even more to make a decent profit.

But if you have the capital and want to learn how to invest in real estate, then EYL University is a good place for you.

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