Real estate investing seminars any of you go??

WELL WELL, Russ Whitney, Carlton Sheets, Rich Dad, Thayne Miller and so on. Any of you go to these??? Do any of these provide any useful information?? Now I know its FREE but than you buy a program for $9000 dollars!!!! Have you figured out how to buy property and sell it and not pay for it till its sold???? For what its worthy I had a friend years ago that could teach those guys new tricks and many of them!!!! So I would like to hear your stories/imput

Kind of like selling you a way to win the lottery, If you are that smart you should have retired from lottery winnings !!!!
Led

The best way to make Money in Real estate is to put on Real Estate Investing Seminars. THEY ARE NOT FREE.

You can do lots of things if the seller will go along with you, creative contracting. The little I've seen from these guys they think you can talk a seller into tying up their property for your profit. I have bought foreclosed houses and had them sold for a good profit before I could close with the selling mortgage company. One seller had the insane requirement that I could not sell the house for 90 days after I took possession. Why could they care? Because they couldn't sell it? I bought it for $33,000 and had it sold before we closed for $74,000 as is. (that was $80,000 plus a $6,000 discount for buyer making repairs) When I saw the clause in the sellers contract I rented it to the buyer for six months then gave them a deed. But I had to come up with the $33,000 but my bank thought since I had a sales contract for $74,000 they could take that risk. Got to look around to find deals like that. And be willing to take a chance.

I remember my friend was building his home and a guy who had taken one of those no money down realty classes came up to him and started a sales pitch. My friends words were " Who needs you ".

Just send me your money and I will tell you to buy cheap and sell high. $20.00 to me and you save $4800.00

I help a friend buy/sell tax and foreclosure properties. It's not simple, not cheap, and it's a full time job to do it right.

I got him into it all.

it's like farming. most of the time you loose, sometimes you break even, and every few years, you make enough to carry you through the past 4 years of loss. He doesn't get rich, neither do I, but we have turned blight neighborhoods into nice places for good families.

Your results may vary... please run away fast. The biggest problem are those people who go to a seminar, think they can walk in and walk out with a boat load of money, and hurt the guys bidding who have a real plan and renewable working capital. IT takes many years to profit steady. In the meantime, those people destroy profits for anyone who actually know what they are doing. Instead of making a profit every 4 or 5 years, we could profit every 3 or 4.

Most people don't learn until after they bankrupt themselves and hurt others who have been in it. those people are viewed like the people who go to all you can eat buffets and pull a chair up to the buffet with their fork. That's not how it works and they look stupid and just hamper the whole thing.


Other than that, I have no opinion, and good luck if you want to try it. Watch Pawn Stars... see how he fixes everything before he sells it? honest man. everyone else? might as well pull a chair up to the all you can eat buffet and make sure to sneeze and drool on what you don't eat.

Get it?

I bought run-down tax forfeited property and did pretty well reselling it. often without doing any work on it. If I bought a new/newer house, I almost always lost money.

don't waste your cash, if you want to do that some community colleges have classes on it.

That's like nnalert's book on how to make money. It worked. I made HIM money.

Rick

One of my friends got into that for a bit. The area he was in was mostly section 8 crap. You know what happens with them don't ya. Government pays their way to scrap out your property and then six months latter you can start over.