Today we will be reviewing a course called EYL University. Is EYL University legit? Find out in this EYL University review.
Another long day of work done. Another exhausting day. You are pretty stressed, and have been thinking of quitting for some time now. The one thing stopping you though is that you have nothing to fall back on.
Finding a new job is not as easy as before, as the pandemic has made the job market a lot more competitive than before. So even if you are tired of your current job, you have no choice but to stay there if you want to eat three times a day and pay the bills.
You decided to scour the internet for courses which can help you gain more skills in order to get a side hustle. That is when you found EYL University.
Well, real estate is no joke. You just cannot learn all about it in one go. It would take you quite a lot of time to learn everything before you can even sell your first house.
However, EYL University promises that it can teach you everything you need to know. The question is, can the course really help you?
Before you decide to pay for this course, you should read this EYL University review first. You should check if it is worth the money before you pay for it.
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What is EYL University?
EYL University is a course that offers lessons in finance, home purchasing, and real estate investing. The program mainly focuses on the black community, and they offer them support that were otherwise not provided by other investors in the real estate market.
The course was founded by Troy Millings and Rashad Bilal. EYL actually stands for Earn Your Leisure. These two have successfully built their own brand based on EYL.
Their main goal is to build wealth in the black community while also incorporating popular black culture into their business. Their goal is to make learning about real estate investing enjoyable for their customers.
These men are successful marketers, and have accumulated quite a lot of followers on social media. They host podcasts where they lecture people about finance, from investments, banking, and loans.
This video will tell you more about what the course is about.
Pricing and Inclusions
EYL University will cost you $499 for a whole year. It also comes with a 30-day money back guarantee, in case you are dissatisfied with the modules.
The course has two parts. The first part consists of EYL content, while the second part is all about the Home Buyer’s Blueprint. Let us discuss that in detail.
EYL University
The EYL University section consist of lessons about the general aspect of generating wealth, including managing cash flows and investing said wealth. This section includes the following:
- More than 100 past webinars
- Weekly webinars
- Access to private Facebook community
- Movie and book club
- Financial planning calls with Rashad Bilal every month
Home Buyer’s Blueprint
This section consists of lessons for new realtors and first time property buyers. It includes:
- Hiring the right loan officer
- Learning the different terms
- How mortgages work
- Home shopping
- Learning about the different kinds of loans
Is Real Estate for Everyone?
Real estate is definitely not for everyone. You cannot just randomly decide that you want to get into real estate. Making decisions regarding a business involving real estate is not something to be taken lightly.
There are a lot of reality TV shows which often romanticizes the buy and sell process of properties, as if doing all that is easy. This business is not as simple as what those shows usually portray.
Understanding the real estate market and investing your money in properties are just the beginning. The road is quite long, and it doesn’t get easier from there.
To thrive in this market, you’ll need more than just a keen eye for properties with potential and some negotiation abilities.
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What I Like in EYL University
Focus on the Black Community
Racism is still a thing in the modern times. It is good to know that a brand like this exists which focuses on helping out people from the black community who want to learn about real estate. Other companies simply do not treat them seriously, which speaks volumes about how racism is still being observed even in modern times.
Friendly Community
The EYL community is pretty massive, considering how successful the brand has become. With a huge community ready to receive you into their fold, you can meet people who will be willing to join you in your journey every step of the way.
What I Dislike in EYL University
More Focus on the Branding
Honestly, I don’t think that EYL University earns their most of their money by investing in real estate. I think that the branding is the one bringing them income, from how successful they are in social media to the merchandise they are selling in their web store.
I pointed this out because I want to emphasize that EYL University is but a small part of the EYL branding. This is not a real estate investment company.
I am pretty sure that the creators earn their most of their money through other means, but not through the courses.
Expensive Business Model
Like I mentioned before, real estate is simply not for everyone. It takes a great deal of time, effort, and money. Not everyone can spare all of that.
Before you can even sell your first property, you need to do your research, find contractors to fix it up, hire interior designers, and many other things. Take note that these steps are all costly, and your goal is to make profit.
Also, if you want to make money, you need to finish projects as quickly as possible. You cannot work alone here. The longer you wait, the more the quality and the value of your property will diminish. Real estate is like that.
This is also why you need to know a network of people. You need buyers as soon as possible so that you can make a profit from your investment.
Lack of Testimonials
Testimonials often reveal whether courses like these actually work for people or not. In EYL University’s case, there simply are not enough testimonials which could answer the most important question: Is the course effective?
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Is EYL University a Scam?
No, I don’t think so.
The EYL brand is definitely legit. My main concern though is if the creators really make money on real estate investing, as people would be more keen to sign up in a program which is being taught by individuals who have succeeded in that field.
The creators could be earning more money selling the EYL lifestyle, but not through investments they have made. I am not so sure as there is no data out there which shows how much they are earning in real estate.
Even if this is not a scam, I also do not recommending buying the course.
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Final Verdict – EYL University
Before I end this EYL University review, I would like to share a few more insights that could help you.
Investing in real estate is as not simple as you think, like I said time and time again. It will take a lot of effort, dedication, money, and skill. You are not just buying a property and doing whatever you want with it.
Your goal is to make a sale. That means that what you are doing should appeal to people.
Some people have tried working real estate, but it would not work if all you have is textbook knowledge. You need to have a team behind you to work on different aspects of the business since you cannot possibly handle all those work alone.
Dedication is required if you decide to pursue this competitive field. You need to invest time and money into learning the ropes, as being an amateur will cost you quite a lot of money.
If you know to yourself that you simply cannot afford this, then I suggest looking for a different side hustle.
I know of a way to make money which will not involve that much money and is a lot more easier to learn than real estate. The next section will tell you more about it.
That’s it for my EYL University review. Hopefully this review helps with your future endeavors.
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