You’ve likely been considering quitting your job for some time now, and the only thing stopping you is the absence of a safety net.
So you’ve decided to do some online research to see if any classes would help you gain additional experience earning money. This is where EYL University comes in.
Earn Your Leisure (EYL) University is a good place to start if you want to make money in real estate investment.
In contrast, the EYL University claims to be able to instruct students on whatever they require. To put it another way, can you benefit from the course? If you’re curious, keep reading.
EYL University is a course that teaches you about real estate investing.
If you’ve read my other articles on real estate investing, you’ll know there are 3 primary ways to invest:
Wholesaling, buy-and-hold, and flipping.
While they each have their pros and cons, there is a ton of potential for success in investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
Is now the best time for YOU to get into real estate investing?
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like:
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might consider becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what EYL University looks like on the inside, keep reading.
What Is EYL University?
EYL seems to provide less value than it actually does because it’s not a university.
EYL University offers investing, the real estate market, and financial literacy classes. Most of the program’s focus is on the African American community, and it offers support that other real estate investors can’t provide.
It’s a course that incorporates both entities and debuted in 2019. Their teaching method entails attempting to make the films entertaining by incorporating a certain amount of comedy, which appears to be effective.
Who Are Rashad Bilal And Troy Millings?
The owners of EYL University are Troy Millings and Rashad Bilal. Earn Your Leisure is a brand created by two friends who combined their resources to bring you the Earn Your Leisure brand, which now covers two websites, the most recent of which is EYL University.
Rashab Bilal is a finance expert and co-founder of Bilal Group LLC. On the other hand, Troy Millings has experience working as a primary school physical education teacher. They are both finance business wealth-building gurus.
They have a large following on YouTube, with over 600k followers and over 800 videos. They claim to teach you everything you need to know about entertainment, sports sectors, entrepreneurs, business methods, and the newest financial trends.
Their major purpose is to increase black community prosperity while infusing popular black culture into their business. Their objective is for their consumers to enjoy learning about real estate investing.
These men are accomplished marketers who have amassed a sizable social media following. They provide podcasts to educate listeners on financial topics such as investing, banking, and loans.
What Does EYL University Cover?
A wide range of topics are covered by EYL University, with a focus on those who are just entering the real estate business.
Investments in undeveloped land, single-family residences, structures with multiple units, apartments, and commercial real estate will all be discussed. Therefore, effectively managing rental properties is one of the main goals of the EYL University curriculum.
There are also interviews with experts from many fields. Among the specialists are accountants, insurance agents, lawyers, and mortgage brokers.
Taxes and retirement planning will be covered, as well as how to understand mortgage documents and financing choices. You’ll also be able to participate in live Zoom webinars where you can ask questions about real estate and get answers from the community.
What’s Inside EYL University?
This course is divided into two parts. The first section teaches you how to use the EYL approach, and the second part teaches you how to use the Home Buyer’s Blueprint plan.
This serves as the foundation of EYL University. It’s a comprehensive lesson that covers every aspect of money development. In addition, it offers access to live Q&A sessions, educational lectures, and a private Facebook community.
One of this EYL University part’s most important components is the calls on financial planning. Included is a monthly phone call with certified financial consultant Rashad Bilal.
During this call, Rashad Bilal addresses broad financial planning subjects, including retirement, investment, debt repayment, college savings plans, and other financial themes pertinent to entrepreneurs.
Home Buyers Blueprint
To help home buyers and realtors comprehend the entire home-buying process, EYL University has created a section called the House Buyers Blueprint.
This online course is comprehensive and engaging for anyone planning to buy or sell a home. It teaches students the key steps in the purchasing process and gives them the knowledge they need to make informed decisions.
You’ll learn about interest rates, closing expenses, commissions, title insurance, and escrow accounts, as well as the purposes for which they’re employed.
What Is EYL University Pricing?
EYL University (Earn Your Leisure) is a membership site that may be paid in two ways. Either for $199 per month (a total of $2,338 per year)
You may also pay for a year in advance, which would cost $999 at the time of this review. If you’re serious about this training, the second choice is a no-brainer, as it saves you $1,389.
There appears to be a money-back promise, but certain conditions must be met to receive a refund. I recommend reading the terms and conditions first because they’re not very clear.
Is EYL University Worth It?
EYL University overview is focused on banking, house purchasing, and real estate investing school that appears to cater mostly to the African American community.
This course may be worth your time if you’re searching for basic finance training and a supportive EYL community and environment to study in.
The cost is reasonable, and these guys are entertaining to listen to. However, I believe there are better and more economical methods to generate money than investing in real estate.
Are The Alternatives To EYL University?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is EYL University A Scam?
So, time for the $1,000,000 question – is EYL University a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done upfront & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL-TIME JOB. If you stop finding deals, your money dries up.
Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities like EYL University, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.