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  • Property Training/Mentoring

    Whitebox Property Solutions

    Hello,

    Has anybody used Whitebox Property before for mentoring on development projects, run by Lloyd Girardi and Andy Cooke? If so, what are your thoughts?

    Thanks

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    This pair are products of Progressive Property.

    They followed the usual path of training with Progressive, quickly appearing on stage at Progressive events being cited as success stories, and then starting out their own training and mentoring business.

    Companies House shows some moderate net assets (not in the millions of £££s though), the oldest company being incorporated in 2014 but it appears they were still students at Progressive as recently as 2016.

    I watched a video and was disappointed to hear Lloyd Giradi state "We will show you how you can make big money from property development using little or none of your own money in 12 months".

    It is very unlikely that the newbies with no competence, track record, or experience could borrow hundreds of thousands of pounds off a private investor, who will take all the risk of their inexperience on their shoulders.  While it sounds great in theory, finding such a gullible person might be a challenge?  And why not just use bank finance at cheaper rates and keep more of the profits?

    I was hoping they might break the "Get rich quick" mould but they have not differentiated themselves from all the other trainers and gurus and, rightly or wrongly,  that sets alarm bells ringing for me.

    See - How to do due diligence on a property mentor

    Property education, training, and mentoring

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