This was sent to a friend of mine, who has been telling me since day 1 that all the people who sell RE books/courses are con artists, never having made an actual deal in their lives or not having done so for the last 20 years. When my first books arrived from Dean, she said to me "you know how all these guys make money, don't you? From selling books and tapes." I gave her a quick rundown on Dean, how I'd been watching him being interviewed for years, from the time he was barely out of his teens, which was 20 years ago. When I first saw him, I thought he sounded like he knew what he was talking about, but really, what could a kid know about RE. Well, 20 years later he's wealthy and I'm kicking myself for not listening to him sooner. But that doesn't mean I'm going to kick myself the rest of my life for not paying attention sooner. It just means I'm going to have to work hard to catch up. I told her he does write books but that he is also still making RE deals every day so that he is current on what is going on in the market. And then I told her all I had to do to get the books was pay postage/handling. Then she said he's just doing that to sell you stuff later and do I really think that I can get rich picking up props without any money. After all, if it was that easy everyone would do it. I told her worse case scenario, I spend some time reading a book.
Well guess what, it's not easy and I'm so sick of that "then everyone would do it" line. EASY? Someone please tell me what is easy about it? Frankly, I don't personally know that many people that work a full-time job, with a 1 - 3 hour daily commute (depending on the traffic) and then fill whatever hours are available after that to studying, going to REIC meetings, scouring the MLS/internet for possible deals, driving around looking for FSBOs and places to put flyers/business cards, and getting a business set up. And as far as any money I may spend along the way, SO WHAT! It's an investment in my future. When you go off to Harvard do they just hand you a degree or do they expect you to pay for what you learn?
Sorry for venting. I thought she was coming around because we've been having discussions about RE in general and she said a few things that seemed to me that she thought I knew what I was talking about. This getting started business is a really lonely endeavor. Thank God for all of you here at DG.com and for the conference call tonight. I really need it.
Anyway, here's what she sent me. Why she doesn't question what they hope to get out of sending it to her is beyond me. I'm sure it was not sent with purely altruistic purposes in mind...
Get Rich Quick with Real Estate
You see them on cable TV, sitting around a swimming pool, sharing stories about how they got rich quick by buying valuable real estate for give-away prices. They took a course on how to invest in real estate and became millionaires overnight--with nothing down and no credit hassles from mortgage lenders. The course worked for them, and they say it will work for you, too.
If all this sounds too good to be true--it is! These "get-rich-quick" courses and schemes are being investigated by consumer fraud agencies around the country. This does not mean that you can't become a millionaire by investing in real estate. But investing in real estate requires one important thing from you--an investment of cash. You can't build an empire overnight, but you can do very well over the long term by selecting property in a good location that is priced well, and which can provide a reasonable cash flow.
Read this online and get more information: Get Rich Quick with Real Estate
Tony and Libby Kelly, MBA, M.Ed., Principal Broker, Broker
ABR, CRS, CLHMS, CNHS, E-PRO, e-Agent, RECS, SRES
Diamond-Platinum Member - PMAR Million Dollar Club
Keller Williams Realty, Portland Premiere
Featured Agents on HGTV's "House Hunters" & "My House is Worth What?"
Life isn’t about waiting for the storm to pass…
It’s about learning to dance in the rain.
The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure, the process is its own reward. - Amelia Earhart
"The greatest mistake you can make in life is to continually be afraid you will make one." - Elbert Hubbard