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IntelliBiz Review of the
Larry Goins Course
Larry Goins Course
[All reviews are based primarily on the (6) most important considerations when choosing
a real estate investing course. Sources for reviews include the Better Business Bureau, Attorneys
General, FTC, customer input, and our personal review]
BETTER BUSINESS BUREAU RATING: The BBB has recently upgraded THE GOINS GROUP a "B" rating. They also note they have contacted the Goins Group twice for information but received no response.
COMMENTS: In reviewing this course, we have a serious problem with the methodology.
Much of it seems to involve buying and selling real estate on the Internet, even on eBay. We, ourselves, have been investing in real estate for over 40 years and in our opinion nothing - we repeat,
NOTHING could be more dangerous to your financial security.
Every savvy real estate investor will tell you that "long distance investing"
is very risky, for a number of reasons. In the 50's and '60's, thousands of people were victimized with
magazine ads selling Florida Real Estate that turned out to be swamp. Again with desert in the southwest.
And now with "40 acre ranchland" in Wyoming, which has no water access.
When you buy online, or on eBay, you are buying a "pig in a poke" - if you cannot actually visit the property, you
cannot know everything you need to know. For all you know, the home that looks OK on the outside might actually be condemned. Or has other problems not
visible online, such as being landlocked, or restricted. We know one person who purchased a property online only to discover they could not resell it because the government had
it under a protective order for an endangered species. You could OWN it, but you could not USE it. So it was not saleable.
All in all, we do not believe this course is worthy of our consideration. But if you get your adrenalin rush from taking risks, perhaps it's just right for you.
A BETTER, SOUND ALTERNATIVE:
Before risking hundreds, thousands or tens of thousands of dollars on Goins' or any other
course, do yourself a favor and check out the most effective real estate investing course available, offered by IntelliBiz -
"The Simple Man's Guide to Real
Estate"® course by reknowned investor Bill
Vaughn (Bill developed the "Reverse Mortgage" now used by HUD and helped develop many of today's flipping strategies).
Offered by a non-profit, it is affordable to all, and includes free coaching by investors who volunteer their services to assure your success.
Real investors, not scripted telephone operators.
You get the entire course - the Guide, the contract software, (20) real estate related Bonus
Books, audio CD set, Market Value Calculator and free 24/7 mentoring all for under $50 complete - nothing else to buy, no hidden costs, no monthly fees.
And you can even download it immediately so you can start even before your hard copy arrives in the mail.
"The Simple Man's Guide to Real
Estate" has the highest documented success rate of any real estate
course so you will not need to buy any other courses or go to any expensive seminars or boot camps - you
will be able to make money in real estate without any of those others.
If you are truly interested in really learning how to make money
in real estate and receive the benefit of free, unlimited coaching, all at a price anyone can afford,
"The Simple Man's Guide to Real
Estate"® is worth considering.
The Larry Goins "Filthy Riches" course is not an easy course to review, but our own study of the course has resulted in a major caveat, as detailed in the COMMENTS section below.
Click on the name of another Guru to read their full report
| Completeness | Low Coach Cost | Coach Quality | Success Rate | BBB Rating | Low Overall Cost | OVERALL RATING | ||
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"I received an email from Larry Goins who, in turn for making a $1 donation to charity, would provide various real estate information for free. In the signup for the real estate info there is a screen that gives a 30 day trial subscription to the Ultimate Investors Report. I received this report in the mail on or about Dec 26 well after signing up for this. After reading it, I decided that it was not a professionally written publication and certainly not worth $30/mo. Less than 30 days after the receipt of the publication, I sent an email to Larry Goins cancel. They told me that they billed my credit card on the 9th, 30 days after I signed up electronically--not 30 days from the receipt of the publication.
"Using the guise of charity to bilk consumers for worthless subscriptions is not only highly suspect of the perpetrator, but also gives pause to ever doing business with such an organization. I returned the 2nd issue unopened back to the Larry Goins Group and would like to warn others of their business practices. My complaint to my credit card company was rejected, and I was stuck paying for a "newsletter" designed to advertise an upcoming event that I had no interest in attending. BEWARE!"
Disappointed MDR, California
A few words about real estate investing in general. Before you invest in ANY
Real Estate program...
We're not going to tell you that you will be a
millionaire in 6 months. After all, we don't know you, or how determined you are. Regardless, you should understand some very important points:
1) Forget the infomercial promises - real
estate investing is NOT a "get-rich-quick" scheme, but it WILL make you rich, and can put a lot of cash in your pocket in a short time, if you have the right guidance.
But REAL wealth takes a little time
and effort. If you have a tough time getting off the couch, save your money.
2) If the program you are
considering does not provide personal mentoring by
actual practicing investors (the Larry Goins program does not) and at a reasonable cost (or free, as
offered by The Simple Man's Guide to Real Estate),
it is unlikely you will ever get your investing career off the ground unless you already have some experience. There
are just too many variables in this business, which makes it impossible for
any program to be a "stand-alone" career guide. Without a mentor to help you
get started, these variables will stand as a barrier between you and success.
Larry Goins and most other gurus charge from $2,000 - $45,000 for coaching, and THEIR coaches are not investors.
Again, with "The Simple Man's Guide to Real Estate" the mentoring is always free, easy to use
and our mentors are practicing investors, not telephone operators or
"couch investors". Your mentor will be there every step of the way, holding your hand, so to speak.
3) Real
Estate investing is not for everyone. Success in this field, as with any
other, requires effort, and can be frustrating at times, and can take
an emotional toll. But the rewards are wealth, the freedom that wealth brings and
a 4 hour work-week, for starters...
NOTE: Many of the infomercial gurus do not provide in-house mentoring by
qualified investors. Instead, most of them "farm out" the mentoring to disreputable companies
such as Mentoring of America etc. Before buying into a mentor program, you would be wise
to ask the company EXACTLY who provides the mentoring. Ask if the mentors are actual, practicing
investors and if the mentoring is provided in-house,
or if it is provided by a third party.
Most programs are not complete or self-explanatory, with the logic being that the customer would then need to buy into
their expensive mentoring, which is what they are really selling.
But if the coaching is free, as it is with "The Simple Man's Guide to Real Estate", you can rest assured that
the program, itself, is complete, finely detailed, and easy to understand. Again the logic is simple - the more complete the program, the less need you will have of a coach.
And when coaches are free, it is important to keep the "need" to a minimum, so we provide the most detailed course possible.
Whichever course you may purchase, we do wish you the best. And if you have questions, feel free to ask. We are here to help.
All brand or product names mentioned in this Web site are trademarks
or registered trademarks of their respective owners. This website is not associated in any way with John Beck, Russ Dalbey, Carleton Sheets, Russ Whitney, John Alexander, Donald Trump,
Robert Allen, Wade Cook, Lou Vukas, Ron Legrand, Robert Kyosaki, Larry Goins or Dave Lindahl, or any company or
business associated with them. Site presented by IntelliBiz.