A Recent Investment?

I have not made a final decision on wether or not i should invest a lot of money (thousands) into real estate classes or a so called boot camp that is supposed teach me how to use others peoples money (opm) to buy properties pennies on the dollar through tax certificate sales and then flip that for a chance to make astronomical profits. It sounds like an excellent return on investment and they make it sound simple. if you have any experience in this field I would love to hear from you before I maybe made this huge investment with other peoples money of course LOL. As of right now Im excited and scared at the same time because i have no experience at all in the real estate market and dont really Know the possibility of making a huge profit in 30 to 90 days like they forcasted to even pay back the thousands of dollars the sessions would cost. did i mention i found out about this on a late night tv program yeah Im was pretty desperate LOL
Sound familiar. love to hear from you

Answer:
I won't say that these seminars don't work, but be VERY wary. Theoretically, many of the techniques offered in these seminars will work, but putting them to practical use may be difficult. Just enter the name of the seminar/presenter in the yahoo or google search engine and see what pops up. There is usually no shortage of people that claim to have attended the seminar that offer their opinions on the web. Some will be good . some will be bad.

In general, the only people that "get rich quick" with these types of seminars, are the presenters!
If these people could make money on real estate, would they need you and your money?
I paid $200 to attend a 3 day seminar that completely sparked my interest in real estate investing. It was there that they asked for a few thousand dollars for the next level of training. I declined the next level, but waked away with enough information to talk to professionals in different fields. agents, financial lenders, title agents, ..these people can give you more valuable information and they give it to you for little to no money. The $200 was what I paid for motivation!


THINK OF IT THIS WAY: The people giving the seminars are in the SEMINAR business, not the REAL ESTATE business. They make money giving seminars, not from investing. They offer good information, but nothing you couldn't get from some one else for free who does it ever day hands on!
Do your homework. Lots of this stuff can be done for free. Don't pay for those foreclosure listings.. There are some major scams out there, just do your homework.

-angela
http://www.ratraceclub.com
want a profitable real-state investment. do it in Brazil..

200% in 5 years

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