You see these seminars that offer to teach you how to invest in real estate and eventually take over the world but is there any value in what they are teaching? I attended an event not too long ago from Pathway Events Presentation and I'll be honest, I really went to get a picture with Ty Pennington.
But they pretty much kept the 'hunk' under wraps until you signed on the dotted line for their seminar which was an eye popping $1997. Had to listen to the whole sales pitch and how the $1997 wasn't bad because someday you are going to be a millionaire and that's chump change to the likes of the 'Donald'.
But I'm pretty skeptical on what they were teaching because they were selling a 'Property Analysis Report' that you do on any property in the U.S. and get a value for it.
Sounds like a giant MLS to me but what is it really that all these folks are plopping down their money to get? In sales speak they were telling me that I choose a particular property that I might want to invest in, pop in the address and this 'program' will let me know it's value and return on investment.
I can't even do that with the aid of the MLS and years of experience so you are going to invest in a property that a 'Zillow like algorhythm' is going to pop up for you?
'Never buy a property with negative cash flow again!'
Wow, it's that easy .... or is it?
But wait .... it gets better! There are 'strategic funding partners' that will fund 100% of your deal, up to $750,000 too!
But wait .... on these deals the 'partners' will only change a fee of 1% of your deal and will fund in 7 days!
Wow, all these years I've been doing it all wrong. All I needed was this miraculous program that only they sell!
If it was this easy don't you think that all the Realtors® on the planet would know about it? AND be using it!
Keep your hard earned money and start a relationship with a good Realtor® today if you want to become an investor and skip all these stupid programs. It takes a lot of work and strategy to do investing successfully and make your money work for you.
It's just never as quick and easy as punching in an address ..... honest.