Tim Bratz’s Legacy Family Mastermind Review—Are Mastermind Groups Worth It or Is There a Better Alternative?

What Are Legacy Family Mastermind Pros And Cons?

Pros:

• Tim Bratz is passionate about business education as evident from his Little Legacy Library that offers business and financial education for kids.
• Legacy Family Mastermind is complete with all the coaching and programs offered by Legacy Wealth Holdings.
• You get to learn about the systems and processes of a high-value company which you can apply for your business.
• Through Legacy Family Mastermind, you can connect with investors, private lenders, and opportunities that can allow your real estate business to grow.

Cons:

• Legacy Family Mastermind is an expensive mastermind group.
• If you’re a beginner, you’re better off looking for free resources or those that are priced reasonably, as you can lose money if the group’s resources are not applicable to you.
• Third-party reviews say that Tim Bratz is inconsistent with his metrics—a reminder to do your due diligence before investing in his offerings.

Price: Legacy Family Mastermind costs $3,500 for the initial membership and the first month’s subscription and you get billed $1,000 monthly.

Refund Policy: Legacy Family Mastermind offers no refunds.

Origin: Legacy Family Mastermind started in 2021.

Reputation: Legacy Family Mastermind claims to be the #1 in the country, but there are mixed reviews available on BiggerPockets .

Are Mastermind Groups Worth It?

Mastermind groups are worth it if joining one will bring value to you and will help you achieve your goal as an entrepreneur. Since these groups can cost $500 up to $100,000, or more, annually, make sure that they’re covering the subjects you’re interested in. With Legacy Family Mastermind, you’ll be spending $12,000 annually plus a $2,500 one time membership fee. There is no point in joining a real estate mastermind group if you are a beginner and are still not sure what business to invest in.

What’s Included in Legacy Family Mastermind?

Legacy Family Mastermind Summit

Legacy Family Mastermind Summit happens 3x a year, and being in the mastermind is your ticket to these social events. Previous locations include Nashville, Austin, Las Vegas, San Juan, Denver, and Walt Disney World. This event can be an opportunity for you to start conversations and relationships with other members, coaches, mentors, and Tim Bratz himself.

Daily Boardroom Calls

Daily Boardroom Calls with the Board of Directors happen in the private Legacy Boardroom Calls Facebook group. This is a space to learn and consult with their team on topics like acquisitions, marketing, operations, raising money, building a team, and more. Here is what happens on the daily:

Monday - Nick Burton, Director of Acquisitions

Nick Burton will answer questions about marketing, underwriting, negotiating, contracting, due diligence, and more. He finds and negotiates properties and maintains communications with sellers throughout the entire process within Legacy Wealth Holdings.

Tuesday - Matt Carlin, Chief Operating Officer

Operates thousands of units within Legacy Wealth Holdings, and has built all of the SOPs and Property Management Division. He has experienced developing and operating one of the largest residential property management companies in Cleveland. He is considered the “integrator” who focuses on turning projects into high-performance assets.

Matt Carlin is the best person to ask about operations, project management, property management, asset management, standard operating procedures, value-addition process, key performance indicators, and team management.

Wednesday - Fadi Boumitri, Chief Investment Officer

Fadi Boumitri’s primary duties include strict adherence to SEC regulations and guidelines, as well as investor relations. He educates investors on upcoming deals, keeping them informed on active deals they have invested. Being an attorney that has raised over $50M in private money, he is the best person to learn about raising capital, marketing, deal structure, operating agreements, staying SEC compliant, securities documents, business law, contract law, tax law, landlord-tenant regulations, partnerships, and joint adventures.

Thursday - Scott Hanis, Chief Human Resources Officer (HR Director)

Scott Hanis is the best person to consult about building a team. He ran HR for private equity firms with over 950 employees. Most questions you can ask are about team building, building core values, organizational charts, KPIs or SMART goals, hiring, firing, employee benefits, team management, and anything HR.

Friday - Tim Bratz, Chief Executive Officer, or a Special Guest

As described by Tim Bratz, you can learn about business growth and strategies he has applied in Legacy Wealth Holdings. This also includes finding your vision, leadership, team building, alternative asset classes, marketing and sales, social media, developing yourself as an entrepreneur, and even authoring a book. Otherwise, a special guest speaker will be invited over for members to learn from.

Private Facebook Group

The Private Facebook Group is stacked with resources from mentors and coaches, and the recordings of daily calls available for those that couldn’t make it to the live one. Tim Bratz mentions that the members of the group come from different fields including, but not limited to:

• Trucking Businesses
• Publishing Companies
• Contracting Businesses
• Marketing Businesses
• Private Money Lenders
• Equity Investors
• Venture Capitalist Groups

Networking with these people can give you technical and tactical knowledge to help build your real estate business.

The Vault

The Vault gives you access to their SOPs, checklists, offer templates, calculators, investment summaries, PowerPoint presentations, template of Tim Bratz’s JV operating agreement ($8,400), template of securities documents ($15,000), credibility kit template, and more.

All-Access Pass To CE Deal Flow And Legacy Wealth Academy

What Is CE Deal Flow?

CE Deal Flow is a deal-finding software. You get a platinum plan, which costs $2,995 annually, where you’re served 60,000 lead exports at a nationwide coverage with unlimited exports to direct mail and skip tracing. Properties you can get range from apartments, commercial buildings, office spaces, and condominiums, all the way to farmlands, ranches, manufacturing warehouses, hotels, casinos, and more.

This software allows you to filter through millions of nationwide commercial property leads, learn about investment opportunities by accessing property details, and start a marketing campaign from inside the search tool. Lead types include cash buyers, foreclosure activity, delinquent tax activity, high equity, low equity, potentially inherited, and more.

What Is Legacy Wealth Academy?

Legacy Wealth Academy is a digital library of masterclasses taught by entrepreneurs that discuss wealth building, commercial real estate, residential real estate, ecommerce, cryptocurrency, starting and scaling a business, wealth preservation, and entrepreneurship, and more. But if you want access to this without having to spend thousands of dollars, you can get this for $9.95 per month.

Who Is Tim Bratz?

Tim Bratz is the creator of Legacy Family Mastermind. He created it for real estate entrepreneurs and investors to network and share information while providing value to the entire group. He is the CEO and founder of Legacy Wealth Holdings, a real estate investment company that acquires distressed properties and turns them into high-yielding assets.

Tim Bratz started off as a real estate broker. After getting into wholesaling, which got him into flipping houses, he eventually started flipping apartments and was getting bigger and bigger deals and properties per transaction. He then scaled up his business into commercial real estate and has continuously worked on bigger projects, achieving over 4,000 rental properties in his company’s portfolio that’s valued more than $400M.

Throughout his real estate journey, he realized that only three things mattered: finding deals, raising capital, and keeping operations dialed in.

Do Mastermind Groups Work?

Mastermind groups work if the value they deliver helps members succeed in their businesses. They can fill the gaps in your knowledge and connect you with people from different industries and different backgrounds. By doing so, you learn about different perspectives and challenges from people who have been through what you’re trying to do. The purpose of a mastermind group is for members to scale their own businesses while helping each other along the way.

What Are the 5 Advantages Of A Mastermind Group?

• Networking Opportunities - If you become a part of a real estate mastermind group, you will be provided with networking opportunities for potential partnerships, referrals, and new clients. You get to connect with people of different backgrounds to learn from them as they do from you.
• Learning From Experienced Individuals - You get to learn from experienced and successful professionals who share their knowledge, best practices, and strategies. Ultimately, these factors are necessary for your success as an entrepreneur, especially in real estate, where you always make high-value transactions.
• Access To Industry Trends And Insights - Again, this can be a part of learning, but members of a real estate mastermind group like Legacy Family Mastermind are supposed to be up to date. Whether it’s the latest industry trends, project, solutions, products, a mastermind group can provide you with these and give you an advantage over your competition.
• Accountability and Motivation - Being part of a mastermind group means you are bound to interact with people—sharing information like goals, performance, and other valuable information. As a group that provides you with a support system, a mastermind group holds you accountable for your own actions and motivates you to achieve the goals in your business.
• Access To Exclusive Resources - Mastermind groups will give you access to a set of exclusive resources like training materials, software, and discounts that can help in growing your business. With Legacy Family Mastermind, you get access to daily phone calls, legacy summits, and access to the Commercial Empire Deal Flow and Legacy Wealth Academy.

What Are the 5 Disadvantages Of A Mastermind Group?

• Time Commitment - If you want to be a part of a mastermind group, you have to make time to interact and grow relationships with the members, coaches, and mentors. This can take away precious time that can be used for your business and other personal commitments.
• Cost - Most mastermind groups have membership fees, whether it’s a one time fee or a monthly one. Otherwise you can look for free mastermind groups that are usually unorganized and are filled with ads, upselling, and information that provide little to no value at all. It’s a significant expense, especially when you can use that money to invest in your own business. So if you’re strapped for cash, I suggest postponing your plans of getting a membership.
• Group Dynamics - Not all group dynamics work for everyone. Conflict or disagreements among members can negatively affect your performance as a member, which can also discourage your business performance overall.
• Lack Of Diversity - Mastermind groups may lack diversity, especially when it’s about a specific field like real estate. It can be a double-edged sword because even though the group is focused on the niche of your business, it can limit the range of ideas and solutions generated by the group.
• Competition - With different people involved in the same field or niche, members may view each other as competitors rather than collaborators. This leads to a lack of trust and openness in sharing information and resources. These groups are supposed to have a give-and-take relationship. But, choose carefully which information to share as these can cause others, especially competitors, to take advantage of that and call the strategy their own.

Is Legacy Family Mastermind Worth It?

Legacy Family Mastermind is worth it only if you’re an experienced investor. For beginners, it’s expensive and overwhelming.

If you’re looking for structured coaching, group support, and real estate networking at a high level. Tim Bratz is an experienced investor with a track record in wholesaling, retailing, rentals, and more. That said, the program comes with a steep price tag and significant time commitment. It’s best suited for experienced operators already deep in the real estate game. But if you’re looking for a low-overhead, passive income model that doesn’t require constant calls, in-person events, or a six-figure real estate budget, there’s a smarter way to start. For me, the smartest choice is a digital B2B real estate business called local lead generation.

Why Local Lead Generation Is Safer Than Value-Add Commercial Real Estate?

Local lead generation is safer than value-add commercial real estate because it costs less to start, takes less time to see results, and doesn’t rely on loans, tenants, or market swings. It’s much simpler to learn, too. You only have to build small websites that rank for terms like “Austin tree trimming” or “Chicago driveway repair,” then rent those leads to local businesses. Startup costs are often under $500, and once the site ranks (usually around 1 to 2 months), it can earn passive income month after month.

With value-add real estate, you’re buying underperforming properties, renovating them, and hoping to increase income over time. It’s like buying an old Marriott and trying to turn it into a Hyatt. It’s expensive, slow, and unpredictable if you’re new to the game. Jumping into commercial real estate as a beginner is like asking a DoorDash driver to launch a McDonald’s franchise. There’s high risk, high complexity, and high cost. Local lead gen is more like launching your own food cart: simple, scalable, and 100% online.

Here’s Why Local Lead Generation Is My Top “Real Estate” Business Choice

I have over 50 websites ranked and rented out. With this, I earn $52,000 a month without worrying where my next income will come from. How can I earn so much from local lead generation? One website alone can generate anywhere from $1,000 to $5,000 per month. For example, my website, Orange County Electric Gate Repair Elite, 130 East Collins Avenue, Orange, CA 92867, (714) 912-1585, ocelectricgates.com, sells a monthly average of 6 converted leads. My client, a gate repair company in Orange County, earns $20,000 from those 6 leads. I ask for a 10% commission, so I make $2,000 a month. I can enjoy these kinds of big numbers for each website while I travel across the USA or around Europe. I’m like Richard Branson running Virgin from a private island. My business works while I’m miles away.

If you’re interested to learn how to do this business model, check out my local lead generation course. You can also work for my roofing client, who’ll pay you a 1% to 5% commission for every website you build and rank for him.