Money6x.com Real Estate: My Complete Gold Coast Guide
Determined to transition into a real estate agent position, I never realized how tedious the research process would be till I took the plunge in early 2024. It was a sleepless night after another where I was just browsing through different forums, reading the experiences of others, and getting confused about which real estate school would really be worth it in terms of know-how—rather than just being a financial drain on me with nothing learned in the end.
In the midst of my research, it was hard to miss two schools: gold coast real estate school and Gold Coast Real Estate School. Besides that, I also found out that Hondros real estate was frequently mentioned in groups targeting the Midwest. Going through the entire licensing process now being an agent myself, I am eager to share all the tips and tricks I have acquired during my journey. This is not just another generic overview; rather, it is what I wish someone had told me at the beginning of my journey.
Understanding Money6x.com Real Estate: What It Actually Offers
Let me clear up some confusion right away. When I first heard about money6x.com real estate, I thought it was another prelicensing school. I was wrong, and that misunderstanding cost me a few days of research time.
Money6x.com real estate focuses primarily on real estate investment education and wealth-building strategies. It’s not a state-approved real estate school where you can complete your prelicensing requirements. This distinction is crucial because I’ve met people who wasted time on platforms thinking they were working toward their license when they were actually just learning investment strategies.
What Money6x Actually Provides
From what I’ve explored, money6x.com real estate content centers around:
Investment property analysis and the correct deal evaluation methods. The process involves focusing on different aspects of the deal, such as cap rates, cash-on-cash returns, and gross rent multipliers. When I was a beginner, these concepts were completely alien to me, yet they are fundamental if you wish to interact with investors.
Real estate wealth-building strategies that utilize leverage and appreciation to create long-term wealth. The teachings may not be entirely new, as they might echo concepts from the books of renowned authors like Robert Kiyosaki and David Greene, but they are nicely wrapped up for the novice.
Methods of analyzing the markets that allow the investors to find the places and the neighborhoods where the growth will happen soon. I have considered this knowledge as a great help even when I was simply an agent since my investor clients love to get the service of speaking in their tongue.
The Bottom Line on Money6x
If you’re looking to get your real estate license, money6x.com real estate won’t get you there. You need a state-approved prelicensing course. However, once you’re licensed, understanding investment strategies will make you a better agent. I’ve closed three investment property deals this year specifically because I could speak knowledgeably about cash flow and return on investment with my clients.
Think of money6x.com real estate as continuing education for real estate investing, not your ticket to getting licensed.
My Deep Dive Into Gold Coast Real Estate School
Now let’s talk about Gold Coast Real Estate School , which I researched extensively when I was comparing Florida options. I ended up going with a different school, but only because of my specific circumstances—not because Gold Coast wasn’t legitimate.
Why Gold Coast Caught My Attention
The first thing that stood out was the price. Real estate education in Florida can range from $200 to $700+ depending on the school. Gold Coast positions itself as an affordable option without sacrificing quality. When you’re making a career change like I was, every dollar matters. I had already budgeted for exam fees, fingerprinting, application costs, and the initial MLS fees. Saving money on education meant I could keep a bigger financial cushion for those first few months as an agent.
Gold Coast Real Estate School has been existing since 2010, which gave me a little assurance. They are not a temporary business that emerged last year. They are sanctioned by the Florida Department of Business and Professional Regulation, which is a must. Absolutely— and I emphatically say never— enroll yourself in a class from a school that is not approved. This is the most ridiculous money spent you can imagine.
The Gold Coast Learning Experience
Gold Coast offers online prelicensing courses that fulfill Florida’s 63-hour requirement. Here’s what I learned about their approach from talking to agents who used their program:
The course materials are uncomplicated and mainly directed toward the exam. You will not receive much fluff or unnecessarily complicated clarifications. Some people like the straightforward style; however, others feel that they want more illustrations and case studies from the real world. I am a person who appreciates practical application anecdotes, thus I might have found it a little bit unattractive, but that is only my learning style.
Their online system is very easy to navigate. You have the liberty to study the course around the clock, which is very important for those who are working full-time. I was studying at around 10 o’clock at night after my children had gone to bed most days. Flexibility in scheduling is not just a nice feature for most of the people switching to this career; it is an absolute requirement.
Among other things, instructors provide practice exams, which are of utmost importance. I really want to highlight that passing your state exam is very dependent on taking repeatedly practice tests. Although the Florida examination might not be extremely difficult, it does test a considerable volume of materials at a time. The same reason applies for the practice tests—they show you the areas where you need improvement and help you to get familiar with the type of questions asked.
Potential Drawbacks of Gold Coast
No school can claim to be absolutely perfect and Gold Coast also has some downsides that I want to point out:
The live support is not as extensive as in the case of other more expensive schools. If you are a person who wants to ask questions and have an instructor give you instant feedback, you might feel somewhat lonely. I have to confess that I got help from Reddit and Facebook groups whenever I had a question, but this is not the way every student wants to go about it.
It’s Florida-specific. If you’re reading this from Texas, California, or any other state, Gold Coast won’t work for you. Each state has its own requirements and approved schools. This seems obvious, but I’ve seen people in Facebook groups confused about this.
The pass rate isn’t publicly advertised. Some schools proudly display their pass rates on their websites. Gold Coast doesn’t, which made me slightly hesitant during my research. That doesn’t mean the pass rate is bad—it just means you can’t easily compare it to competitors.
What Makes Hondros Stand Out
Hondros has been around since 1973. That’s over 50 years in the real estate education business. They’ve taught hundreds of thousands of students. That track record matters because real estate education has evolved significantly over the decades, and they’ve adapted successfully.
One thing I really appreciated about Hondros real estate courses is their comprehensive support system. They offer:
Live online classes where questioning the teachers right away is possible. The reason for my liking it was that I was aware that I would have questions. The presence of a person who could instantly explain difficult concepts would have saved me hours of looking it up on Google and exploring the forums.
The very question of the state exam can’t be answered just with the knowledge of the material—one has to be able to manage nerves and pace himself/herself properly through the exam. For that, they provide not only practice questions but also test-taking strategies, timing techniques, and stress management tips.
Career guidance after the exam has been passed. This support comprises of locating a brokerage, getting acquainted with commission splits, and drafting a business plan, to name a few.
Post-licensing and continuing education courses all in one place. In most states, you need continuing education to renew your license every two years. Having everything with one provider simplifies the process.
The Tiaestment Factor
The cost of the real estate courses at Hondros is significantly higher than budget options such as Gold Coast. The difference can be seen in the prices ranging from $400-$600 for Hondros and $200-$300 for Gold Coast. This is a big difference that can affect one’s financial planning for a career switch.
While doing my research, this was my reasoning: if the extra help and resources raise my probability of passing the test on the first attempt, then it is all good. The price for the Florida state exam is $36.75, but the most important thing is failure means the commencement of my career is postponed. Every week of not being licensed is a week of not getting commissions.
I finally picked a mid-range option that had the feature of live support but was not as pricy as Hondros. In hindsight, I think I would have been satisfied with Hondros if it had been an option for Florida at that time.
Is Hondros Worth the Extra Money?
This depends entirely on your learning style and financial situation. If you:
- Learn better with instructor interaction
- Want comprehensive support beyond just passing the exam
In that case, you should definitely take a look at Hondros real estate. On the other hand, if you are very sure of yourself as a self-learner, have limited budget, and are open to getting help via free sources like YouTube and forums, then a cheap option can work as well for you.
My Complete Step-by-Step Process for Choosing a Real Estate School
Let me show you how I dealt with this decision in detail. I made some blunders get the way, so I will reveal those too.
Step 1: Understanding My State’s Specific Requirements
This was the very first step I took and it is a good one to start with. The rules differ from one state to another. Florida, for instance, needs 63 hours of prelicensing education; California, on the other hand, demands 135 hours; Texas has a requirement of 180 hours. You get the idea.
I went directly to the Florida Department of Business and Professional Regulation website (a .gov site, which is always your most reliable source). I spent about an hour reading through all the requirements:
- Prelicensing education hours
- Age requirements (you must be 18)
- Background check process
- Exam fees and scheduling
- Application procedures
I downloaded the candidate information bulletin and read it cover to cover. Yes, it was boring. Yes, it was necessary. This document answered so many questions that I would have otherwise asked in forums or to school representatives who might give me incorrect information.
Step 2: Creating My Comparison Spreadsheet
I’m a spreadsheet person. If you’re not, at least make a list. I compared eight different schools based on:
- Cost of prelicensing course
- Format (online self-paced, online live, in-person)
- Practice exams included
- Pass rate (if available)
- Student reviews
- Customer service responsiveness
- Refund policy
- Additional resources
I color-coded everything. Green for schools that met all my criteria, yellow for schools that met most criteria, red for dealbreakers. This visual approach helped me eliminate options quickly.
Step 3: The Review Deep Dive
I conducted an embarrassing review reading marathon which took almost all my time. Starting from Google to Facebook, Reddit, and even YouTube, where people would share their experiences were all the different channels I went through to read the reviews.
What I concluded was: reviews should not be taken too seriously—consider the situation of a student who has failed an exam and blames the school for that—he might not be giving you all the necessary information. Rather look for trends.
If in the case of customer service, the statement “never got replies to my emails” is heard from the side of a number of people, that is a flag signaling to stop the whole process. In the case of exams, if the statement, “the practice tests were much easier than the real one” comes from the mouth of many, that is a cause for concern. But if one person had a bad experience and fifty others had good ones, don’t let that single review sway you too much.
Step 4: The Customer Service Test
This is something that I do not observe in the recommendations of others, but it was of great importance to me. I did the test before enrolling in any school by sending an email to each school with a certain question concerning their course.
The schools that responded quickly with helpful, personalized answers moved up on my list. The schools that sent generic, obviously templated responses or didn’t respond at all got eliminated.
Customer service before you enroll is a preview of customer service after you enroll. If they can’t be bothered to answer a simple question when they’re trying to get your business, imagine how responsive they’ll be when you’re stuck on a concept at 11 PM before your exam.
Step 5: Understanding the Total Investment
Initially, this was my mistake. My total cost of getting licensed was totally overlooked because of my extreme focus on getting the cheapest course.
In Florida, here’s what I paid in reality:
- Prelicensing course: $299
- Exam application fee: $83.75
- Exam fee: $36.75
- Background check: $40
- License application: $89
- MLS dues (first year): $350
- Board of Realtors membership: $200
- Professional photos: $150
- Business cards: $50
Moreover, this figure does not take into account my gas money that I spent on showings in my first month, the professional wardrobe I bought, and the CRM software subscription that I paid for.
What I want to say is that attempting to shave off $100 from your education, while the total amount already goes up to $1,400, does not make a lot of sense, especially if the more expensive school provides much greater preparation. I would have been better off paying an extra $100 for my course if it meant no $37 exam retake fee and no waiting for my ability to start earning.
FAQ 1: Can you get your real estate license through Money6x.com Real Estate?
Ans.1. No, it is not possible to obtain your real estate license through Money6x.com. The company is not a state-approved pre-licensing school. It mainly focuses on real estate investing, dealing analysis, and wealth-building strategies. If you want a real estate license, you have no option but to choose an accredited school by the state.
FAQ 2: Is Gold Coast Real Estate School a good choice for beginners?
Ans.2. They are quite simply the best option in the market, especially for beginners, provided you have the right mindset of being able to learn at a very low cost, and you don’t want to spend much. Their courses are exam-oriented, interactively easy and completely online. The only negative aspect is the limited live instructor support provided compared to relatively more expensive courses.
FAQ 3: Why is Hondros Real Estate School more expensive than others?
Ans.3. Hondros Real Estate School more expensive provides large support: live classes, test-taking strategies, career guidance, and continuing education. For students requiring more organization and personal attention, the higher price may well be a bargain. However, if you are a strong independent learner, then the extra cost might not be very necessary.