Beware Of The “Hawkers!” Research Your GURU Before You Invest In Their Education
Posted by Patrick Precourt in Business, Industry Changes, Investment, Marketing, Preforeclosure, Real Estate, Short SalesJun 10th, 2010 | one response
I get comments, on a daily basis, about new real estate investors being so confused on who they should be listening to; reason being is that every so-called “Expert” seems to be touting the next “cutting edge” idea that will CHANGE the real estate industry. I will tell you what, it’s all a bunch of crap! Listen in as I tell you what to look for and what to do before you invest one red cent into an “online educator.” Also listen in to find out if short sale investing is a great place to start your real estate investing career, where to find out how to get HUD-1 settlement statement training, why you should be wary of who funds your short sale transactions, how to assign a short sale contract and get paid, whether or not you have to be behind on your mortgage to qualify for a loan modification and more.
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One Response to “Beware Of The “Hawkers!” Research Your GURU Before You Invest In Their Education”
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Way to keep everyone on track. As you know, we have been investing for several years (and learned from you & Bob, THE Masters)!
I keep an eye on what is going on in the industry (both from an investor and Brokers standpoint). I watch some of the “stuff” out there just to see how saavy marketers are re-purposing and reselling information.
I actually caught part of the “new” note-buying/no flip webinar (and had to stop myself from sending in a comment to let them know what I really thought of their ‘system’ for just 997 to the first 20 lucky people!
There is sooooo much nonsense and regurgetated, half-baked, outdated strategies & systems being sold for thousands of dollars to unsuspecting “newbies” it’s pathetic.
Gives new meaning to “buyer beware”.
So, my advice, as always, is to only follow people who are actually doing what it is you want to do. This applies to much more than real estate investing information.
With that being said, it all boils down to what folks actually do with the information
they get (or buy).
Many of the self-promoted gurus are counting on the fact that a vast majority of people never even look at the information they purchase, much less actually do anything with it.
That rant is for another day.
Still love you guys and all the great info you share with the world.