Today we will be reviewing a program known as The Real System. Is The Real System legit? Find out in this The Real System review.
During these troubled times, everyone is doing their best to get by. People are doing their best in order to keep their jobs, even if they are feeling unappreciated.
In fact, a lot of companies and employers use the pandemic as an excuse to lower wages. Even though business has been back up, they still refuse to give the fair wage that their employees are asking for. Exploitation has become quite the norm.
When it comes to the costs of basic needs, it isn’t really looking good for people who only earn minimum wage. Because the pandemic has restricted a lot of operations, they are forced to earn a lot lower than before.
With this in mind, the resourceful ones were able to survive by starting a side hustle. Some of them decide to open small businesses online, while some opt to look for freelance gigs that they can do with their skillset.
What brought you here is the prospect of making some money on the side. Luckily for you, I did my research, so I’ll be able to tell you whether this program can help you find your way to financial freedom.
Before you decide to commit to this program, you should read this The Real System review first. You should check if it is worth your time before you pay for it.
DISCLAIMER: This is a fully independent review. I’m not affiliated with The Real System in any shape or form whatsoever.
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The Real System Review: Quick Details
- Name: The Real System
- Website: www.therealsystem.com
- Type: Online Class/Masterclass
- Niche: Real Estate (Airbnb)
- Owner: Jorge Contreras
- Price: $1,659 (one-time payment)
- Recommended?: No, because starting a business in real estate is very time-consuming to be considered a side hustle.
What is The Real System?
The Real System is a program that aims to teach you how to run an Airbnb leasing business without having to own any properties. Basically, what you will be doing is subleasing.
Just to assure you, this kind of business is 100% legal. You just how to get written permission from the owner of the property, and you are good to go.
The program is owned and designed by Jorge Contreras.
Who is Jorge Contreras?
You might be wondering if Jorge is qualified to mentor you or not. Well, probably.
He used to be enrolled as a student in an education company that is called Rich Dad Poor Dad. After learning from there, he became quite successful, and the company decided to hire him.
Because of his job, he was flying across the country and speaking at seminars about real estate investing. The main problem with that program though is that the program he was promoting costs thousands of dollars.
Jorge decided to start a company of his own. He boasts that he has managed to escape the rat race at a young age of 29.
He seems to be making some decent money from his Airbnb business, as he is now earning passive income. Looks like he is now a millionaire.
The Real System Overview
According to Jorge, you can make passive income with this business. He also assures that you can start earning in thirty days or less, and that it is achievable without having to buy properties.
That is quite an interesting business to get into, to be honest. Purchasing properties is not a cheap venture, and of course, you also have to furnish them. That does not come cheap, either.
What’s more, you can run the business just by using your smartphone. It is mostly hands-free, if you manage to hire people and organize a system to implement.
The Real System is a 90-day long group coaching program.
How Does The Real System Work?
Making money on Airbnb without having to own a real estate property is done by subleasing. Basically, you would have to get in touch with a property owner and rent the property from them. You then make a listing for it on Airbnb.
Your job is to manage Airbnbs belonging to other people, and you will be earning commissions for the revenue you bring. What makes this business enticing is that you need not spend so much money to get it running.
There is the option of buying your very own properties and listing them on Airbnb, but most ordinary people simply do not have the capital for that. This is why Jorge encourages subleasing instead.
The program aims to walk you through every step of how the process works. You get assistance from one of the coaches hired by Jorge, as well as 24/7 support by accessing the private Facebook group.
Along with that, you also get access to weekly access hosted by Jorge. You will also receive templates and scripts which you can use to get business deals.
How to Enroll to The Real System
If you are interested with enrolling to the mentorship program, all you have to do is to schedule a call with the team. Simple as that.
However, the price for the program is not really publicly posted on the website, leaving people to speculate. To be honest though, it is not really surprising for me anymore.
I have reviewed many programs just like this one, and they use that “book a call” option to lure people in. This is because these programs usually cost thousands of dollars, and it is easier to manipulate people on the phone into paying up.
Well, so much for Jorge wanting to make the information about this to the average Joe. Seems like success has gotten over his head and he has forgotten that already.
He tries to justify that price tag by saying that it is less expensive than having to do trial-and-error by yourself and risk making some expensive mistakes.
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Is The Real System a Scam?
For this section of this The Real System review, you will learn whether you can trust this program or not.
I don’t think the program is a scam. It seems like Jorge is also credible and competent enough to be mentoring people, seeing how successful he has become.
I would not question his integrity, but I am just not sure about his intentions. He charges thousands of dollars for the program, even though he said that his program is affordable to the average person.
That is already a lie, because ordinary people do not really have thousands of disposable income that they are willing to give to him. What’s more, his website does not really provide any useful information regarding how the training will be conducted.
I think the main reason for this is because Jorge really wants you to get into a call, so that you will be easier to manipulate. After all, it is still different chatting with people online.
The course doesn’t seem to be a scam, but I don’t recommend enrolling to it.
Does The Real System Work?
However, when it comes to online courses like this one, I am always going to be skeptical regarding the delivery of the course material. A lot of people do not really learn from simply reading modules and watching videos.
A good mentorship program should allow the learner to explore the business, not just read some resources and watch some videos and livestreams made by the owner. I believe that the course delivery could be a lot better.
It seems like you will be provided with your very own coach, but they can only do so much for you. In fact, I feel like their presence is merely for answering your questions regarding the course materials.
Also, enrolling to this program that would cost you thousands is simply not enough to guarantee that you will be successful in the business.
Is Subleasing a Good Side Hustle?
In this part of The Real System review, you will learn whether or not this business is worth getting into.
Well, Jorge emphasizes that he was able to make millions just by subleasing Airbnbs that he does not own. From that perspective, we can say that subleasing is a pretty decent way to make money.
Like I mentioned before, purchasing your very own properties can cost you thousands, and even millions of dollars. It does not end with just buying a property, by the way.
You need to furnish your properties in a way that would be appealing to clients. Also, you need to maintain them if you want to keep people interested in them. That means that you expenses on maintenance alone can cost you thousands per month.
What makes subleasing good is that you can start with minimum capital. You would only need enough money to rent the Airbnb in order to sublease it. What’s more, by reaching out to property owners, you can easily build a good business network if you are successful with renting out the properties.
In order to be successful with this venture, you need to find the best houses that people will be interested in. You also need the permission of the owners to do so.
The main problem though is that once the owners realize how profitable this could be. They would decide that they could just do it by themselves and skip the middleman.
After all, you do not own the property, so you have zero rights if they decide to not do business with you anymore.
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Pros and Cons of The Real System
Pros
- Jorge is credible and competent, as he has been successful in the venture already. Having him as a mentor can help your career.
- There is profit to be earned here, as subleasing can save you millions of dollars since you need not purchase the properties you will be renting out.
Cons
- The program says that it is affordable to the average person, but it isn’t. It costs thousands of dollars.
- The website is fairly useless and doesn’t really have important information regarding what the mentorship program offers.
- Once the property owners catch wind of how profitable the business is, they would eventually decide to do it themselves. That is not good, considering how your business depends on asking them for permission to conduct.
Alternatives to The Real System
The Real System seems like a pretty decent program, as it can get you into the Airbnb business without actually having to own properties.
Subleasing can make you some decent profits. After all, you are going to be making money without having to spent so much money as business capital.
However, if you want to invest in real estate for real, then I suggest you check out Freedom Mentor, Renatus, and Ripehouse Advisory.
Final Verdict – The Real System
Before I end this The Real System review, I would like to share a few more insights that could help you.
The goal of this mentorship program is to help you build a business without having to own any properties. They make it sound so easy, as if you are guaranteed profit by subleasing Airbnbs left and right.
The truth is that these days, the Airbnb business is slowing down. This is because of the pandemic, and the new variants of the virus coming to light. The government is once again placing restrictions, meaning that those in the accommodation business is looking at months of little to no income again.
If you want to get into a business like this, then I suggest checking the restrictions first. It would not be helpful if you get into a business that would not make you any money.
Also, a side hustle is something that is supposed to make you money, no matter if there is a lockdown or not. This opportunity is simply not the one you should be looking at.
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