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Multi Family Mindset Review (2024 Update): Is Tyler Deveraux Upset About All The MultiFamily Mindset Reviews Online?

By: JosiahSep 28, 2023Real Estate
Multi Family Mindset Review ([year] Update): Is Tyler Deveraux Upset About All The MultiFamily Mindset Reviews Online?

Today’s real estate investors have no better tool than a solid education to help them succeed. A solid grounding in the fundamentals of real estate is priceless.

There's no limit to what a really good education can do in the hands of a motivated and conscientious person.

And you're no exception to the rule...

That being said, real estate education, might be the single most transforming “event” a real estate investor

encounters during their career.

So, today we're going to go over Multifamily Mindset to see how you can benefit from this course and if it truly is something you should consider.

Now, before we get started, I want to says this first...


This Multifamily Mindset review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

  • You can make more money with Multifamily units that Single family
  • Banks are more wiling to lend money
  • Scaling multifamily investing is much easier than single family
  • You need a lot of capital to invest in Multifamily buildings
  • Your competing against many other investors with as much if not more money to deal
  • Management can be a pain if you're new

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.


I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Multifamily Mindset is a course that teaches about real estate investing.

And like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Multi Family Mindset review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

If that sounds like something you’d be interested in, check out Digital Leasing.

TESTIMONIAL - Still Getting Paid

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more scroll down for my full Multi Family Mindset review.

What Is the Multifamily Mindset Company?

Multifamily Mindset What Is Multifamily Mindset

Multifamily Mindset is a real estate education company that teaches about investing in multifamily properties. The program guides students through the pitfalls of multifamily real estate investing. With coaching and a positive growth mindset, new real estate investors can close lucrative deals, avoid negative cash flow, and achieve financial freedom.

Who Is Tyler Devereaux?


Tyler Deveraux is the managing partner of MF Capital Partners, a privately-owned multifamily investment firm, and has been involved in property multifamily real estate investments for over 14 years. At the age of 21, he purchased his first student rental property, rapidly saw the industry’s potential, and has never looked back.

Tyler now owns approximately 1,500 apartment properties in five separate states, and his personal multifamily investment company has a combined worth of more than $100 million.

Tyler is also the CEO and Co-Founder of The Multifamily Mindset.

What Is A Multi-Family Complex?

multi family complex

Any multi-dwelling structure or set of buildings with five or more dwelling units on a single tax lot, such as apartments, condos, or mobile home parks, is referred to as a multifamily complex or multifamily real estate. Additionally, multifamily real estate includes certified or licensed residential care facilities such as adult foster care homes or group homes.

Multifamily Vs Single-Family

Multifamily Vs Single-Family

Rental properties have historically provided good returns, minimal volatility, and continuous passive income.

Because there are so many moving parts, it might be intimidating if you’re just starting out on your journey.

For example, determining which property types are most suited to your business capabilities might be difficult. Perhaps you’re thinking about flipping homes and buy-and-hold real estate investment, commercial vs residential, or single-family versus multifamily property investing.

When you’re looking at your options, think about things like the property’s return on investment (ROI), how you’ll pay for it, and how feasible it is to build your team.

Both single-family homes and multi-family rentals are excellent options, but there are several factors to consider before jumping in.

Why Is MultiFamily Better?

Multifamily Mindset Multi Family is Better

The rental income for a multifamily property is often higher than the rental income for a single-family property when you compare the two.

When you think about it, multi-family homes have more housing units compared to one for a single-family home. In other words, you could fill a multi-family investment property with more tenants, which means more income.

Experienced real estate investors (even novice investors) can often earn more as a result of the extra units while minimizing risk by spreading revenue sources over several units. You can still have tenants pay for some of the costs even if it’s not fully occupied. However, with single-family property, you suffer negative cash flow when it’s empty.

That means taking money from your emergency fund to clean, renovate, and advertise the property so it can be used again. Keep in mind, though, that single-family property usually costs less than multifamily, and this affects how much you need to have as a downpayment.

What Does The Internet Have To Say In The MultiFamily Mindset Reviews They Write?

What Does The Internet Have To Say

A negative Reddit review from a certain Zach Harsh has appeared on several websites. He claimed to be a Multi Family Mindset student 5 months ago. Here is his story:

With a high-pressure sales presentation, Multifamily Mindset has made several promises that they haven’t fulfilled and created a very unrealistic picture. Their key selling point is that they will educate you on how to increase your industry average acquisition fee.

During the high-pressure sales presentation, they push people to find ways to pay for their $35-40k program. They persuaded them that a 401k is useless, urged them to withdraw and pay the tax penalty since this program would transform their lives.

Things like this should never be a part of an educational program, let alone a program run by self-serving owners with exaggerated credentials who don’t have our own best interest at heart.

A lot of Multifamily Mindset students have been left out of multifamily deals that their coaches are involved in. They have agreed to sponsor multifamily deals with students and then pulled out, inflicting considerable losses to their students.

Some students say one of the founders, Ryan Woolley, has slandered his students to brokers. These students were so enraged they broke their contract with Multifamily Mindset to avoid Ryan and Tyler.

Zach Harsh was thrilled to join up as their first student in the fall of 2020. He chatted with Ryan a lot and he stated they would make multifamily deals with him, sponsor him, and most importantly assist him to obtain his first deal.

He intended to join in early to grow with their brand new education company, but after seeing how they work, he concluded it wasn’t what he wanted. It was instantly clear that they were more concerned about collecting the $35-40,000 fees than genuinely assisting their students.

None of the students he’s talked to who are now teaming with Ryan and Tyler on multifamily deals are satisfied with them and believe Ryan and Tyler solely care about their personal success.

Zach discovered a 188-unit deal in Columbia, South Carolina, and Ryan had previously underwritten it, but he overlooked the fact that the T 12 only had 11 months left instead of 12, so Zach caught it, and **Multi Family Mindset’**s internal underwriter fell in love with the deal.

Zach’s partner messaged Ryan and he suggested putting in the LOI and giving them pricing.

It took 4-5 days for them to make time to meet with Zach, and then they told him that they had to set up another meeting in another 4-5 days to get Tyler on the phone and try to get them to sponsor their deal. By the time Zach did that, someone else had already won the deal.

Zach’s disappointment was soon followed by another student contacting him to say that Ryan and Tyler had committed to sponsoring them four times but then backed out, leading them to lose earnest money on each occasion.

At the same time, another student who had completed the training with Zach discovered a deal and had Zach’s partner assist him in underwriting it.

He claimed he would get him on to the deal, but Zach found out later that they were given the contract but MF Capital, Ryan Woolley, and Tyler’s firm grabbed too much of the pie for them to let Zach in. Zach still felt lucky not to be a part of it.

He’s heard the students have already put roughly $200k into the deal. Issues continue and the students asked MF Capital for assistance with the additional $50,000 required by the lender. The student was enraged when they said no.

There was a time when one of their Multifamily Mindset coaches said that he was going to quit, but the student was able to get through to Tyler and they worked it out. It’s been a fiasco and if it doesn’t close the students will lose hundreds of thousands of dollars.

Zach continued to work with the former students who had lost their earnest money when Ryan and Tyler money dropped out. And one night, they called to tell Zach that one of her connections had collaborated on a venture with Ryan and Tyler, but they had to sell their stake in it since MF Capital was no longer permitted to conduct business in Texas.

This lady then phoned Zach’s partner claiming that Zach’s Multi family Mindset coach had called her, attempting to “squeeze into a deal we were doing, questioning how much value Zach truly contributes, and trying to encourage her to remove people from the deal”. She was furious with Zach’s Multifamily Mindset coach. Zach got the idea he was attempting to drive him out so he could go in and receive a higher percentage.

After a month, Zach found out that his Multi Family Mindset coach had a new arrangement with the two previous students they had collaborated with on this deal. So Zach phoned his coach, who became enraged and threatened to record the conversation and bring his attorneys after Zach if he mentioned his name.

Ryan and Tyler appear unwilling to help students and make multifamily deals with them. But their coaches can’t or won’t sponsor multifamily deals either.

It seems Ryan and Tyler started out with their students’ own best interests at heart, but they realized how much money they could make from tuition and made a lot of promises they didn’t keep.

Scam? What About The MultiFamily Mindset Pyramid Scheme?

Scam or Legit

So, is there a MultiFamily Mindset pyramid scheme going on? Not technically. You can make money with this program, but it’s definitely not as easy as Tyler Deveraux makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

How Much Does Multifamily Mindset Cost?

Multifamily Mindset How Much Does It Cost

Every so often, Tyler and his "investment partners" will offer free events to the general public giving out real estate investing gold nuggets with the intent to sell you on his his Multifamily Mindset real estate investing program.

They'll usually encourage to purchase their flagship mentoring program which will set you back $38,997. Of course this is a bit much for most people, so they have a back up offer of $8,000 which clearly isn't as high, but still a bit steep.

Does Multifamily Mindset Have A Refund Policy?

Multifamily Mindset Tuition Reimbursment1

Unfortunately, we haven't been able to locate anything on their website regarding a refund policy. However, we did find that they offer Tuition Reimbursement for student testimonials.

It doesn't go into specifics, but it looks like the company is willing to pay back a portion of the $38,997 to any student who can provide a case study that the company can then use as proof that the system works and get more student to buy into the program.

Multi Family Mindset Review: Final Thoughts

Multifamily Mindset Final Thoughts

The general consensus of those who have attended their classes in the past agrees that Tyler and his crew provide a lot of value, that it is fun, and that it is valuable.

But, when it comes to building a business, you have plenty of options. And even if you’re dead set on becoming real estate investors, you’ve got way better options than Multifamily Mindset.

Keep in mind, we don’t get paid to promote any of the programs we review. We personally think real estate is a great business model, but you could end up leaving way too much money on the table.

Are There Alternatives After Reading The MultiFamily Mindset Reviews?


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:

What Is Our Top Recommendation For Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.


1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.


2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront.

Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.


5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like Multi Family Mindset which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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