Real Estate Gurus - Fact vs Fiction
Nothing has made more millionaires out of ordinary folks than real estate. That is a fact. Is it any wonder that so many ordinary people have an interest in learning how to make money in real estate? And that, in turn gives rise to a world of scam artists out to take advantage of those seeking a better life for themselves and their families.
Turn on the TV any late night and you are almost certain to find some "infomercial guru" as you surf through the channels. And each is trying to convince people that he can teach them - you - how easy it is to make money in real estate, but only if you buy into theit hype. Names like Armando Montelongo, Carleton Sheets, Larry Goins, Ron LeGrand, Russ Whitney, Dave Lindahl - the list is nearly endless.
Most, though not all, are scams designed to separate unsuspecting and hopeful folks from their money with promises of great wealth, if only you will give them access to your credit card so they can "help" you. But in most cases, the only "help" they give is helping themselves to your hard earned bucks. Before buying into their spiel, go online and check them out - you will find that most of them have left a trail of ravaged and broke students who believe they have been cheated. And with very few exceptions, most of those infomercial gurus have an "F" rating at the Better Business Bureau.
So, what to do if you really want to learn how to flip houses or build a portfolio of rental properties with positive cash flow?
Do your homework. Find one course or guru that is 100% legitimate, who does not charge an unreasonable amount and has an excellent track record. There are two or three such gurus out there, but you have to ferret them out. And at the risk of sounding a biased, I favor the course offered by IntelliBiz because I developed it over 44 years of investing. It is inexpensive, complete, and includes free mentoring by professional investors (not hourly telephone operators). And students may also choose to have personal one-on-one access to me, via telephone and/or Skype video consulting, and it costs less than a dollar a minute.
And my course (by IntelliBiz) has an A+ rating at the BBB.
If you are truly interested in becoming a successful real estate investor, do your due diligence. Choose a thorough course, and a qualified mentor who can help you succeed. And stay away from those late-night infomercial gurus. You won't regret it.