Friday, December 12, 2008

Which GURU is for you?

While there is a lot of great and valuable information out there on how to get started in real estate investing, there are some that just don't always deliver what they promised.
Before placing down your thousands of dollars for a program, ask around. go on the internet and find out what the reviews of the information are.

****Warning****
You are always going to find negative reviews on someone. I even have a few from my program. No "Guru" is going to be able to please everyone. You would be shocked at the amount of people who pay thousands of dollars and never do anything except go to a class or two, put out a few signs and then get upset when they are not millionaires overnight.
However, ask around at your local real estate investment club. Find out what you can about the education provided. How well the companies support system is. How many "back end" courses there are besides the lead in package? Can you buy specific courses or do you need to buy the whole sha-bang? Is there a time limit on how long you have to take the courses you signed up for.

One of the most important things you need to realize is that all the courses generally teach the same things. There are very few NEW real estate strategies out there and if they are new they are only new for a few months before someone else starts teaching it as well. It's the voice you are buying.

My first set of education cost me about $40K. It was a Ron LeGrand seminar package and I am very happy I did. I have lifetime access to the courses and am able to pick and choose when and were I want to go. I enjoyed the way he taught and have always gotten a ton of value from his events.

Do your homework and find who best speaks to you. Then be willing and ready to do the work!

Thursday, December 11, 2008

Great RES Academy event

We had a great real estate training event last week. Aaron Haaga did an amazing job showing people how to create solid financial freedom through real estate. Best of all it was all focused on the local market here in Salt Lake.

To often we get "Guru's" like Robert Allen, Ron LeGrand, Robert Kiyosaki and Donald Trump come through our city who know nothing other than "Googled" stats on our market. When it comes to knowing which cities you want to invest in here in UT, Real estate Stratigies Academy is the best.

I am excited to watch the Academy grow and truly help people in their investing future.

Keep on the lookout for the next seminar.

BTW- I forgot to mention the three days was totally free. So much information and the only admission price was showing up. I'm really excited about working with these guys.

Thursday, September 25, 2008

Millionaire Mind event

Hey all-
I know it's been forever since my last posting. I have been a little busy with the Millionaire Mind evening here in Salt Lake. It finally happened on the 23rd and it was great.
We had about 850 people register and 700 show up. That's a great showing! With over 500 of those being Free people, that's not bad at all.
Everyone really enjoyed themselves. They were thrilled when the announcement of the three day was given. November 13-15 is the date. We had just under 100 people sign up for the VIP package and I was just told by Peak's that the MMI event is 3/4 of the way full already.
What a night.
Harv was really happy with the showing and the energy.
I am so busy right now that I can't write much.
Have you seen the craziness in the market??? This is a great time to get into the RE game.
Subject to and LIC are one of the best choices for the seller at this point. even if they can find a buyer for their home, good luck on getting a loan for the home. It really is a great time to build net worth by picking up then holding and renting out or LO out the home.
More on that later.
Happy Investing
Dino

Thursday, August 21, 2008

It's all my fault

I've made this an actual entry because to many people might not read all the comments left on a particular entry and I wanted to show the person who keeps writing that I have not fear of his comments; even if he will not disclose his name. I don’t even know if it’s a man or a woman. For our sake here, I’m going to assume it’s a man.

For full disclosure sake the person that made the last comment is mad at me because I have not published his latest new comment. He takes it as if I don't want to look bad. What he does not understand is, looking bad I have no challenge with. Letting people post things out of anger, spite and self pity, blaming their challenges on everyone else and not taking any responsibility for themselves; that I have a challenge with.

Here’s his complaint in a nut shell. He says that I and Robert Allen have ruined his life through the things he learned from us. He blames me and Mr. Allen because he bought homes in a market that was doing well and now can't unload them since the market is not doing as well. His position is that this whole real estate thing is BS and that his life is a mess because of me and Robert Allen. He claims that he lost thousands of dollars to me personally because he spent money getting educated and it was all for nothing. (Interesting that depending on him either buying my home study course or actually coming to my two day event, since he won't tell me who he is I can't tell, he would have paid between $300 to $1200 on my course. I don't know how that breaks down to "Thousands" but he is obviously miffed about the "big money" he spent with Mr. Allen and Mr. Allen doesn’t have a blog he can complain on.)

All I can say to that is I'm sorry things are not working out the way he planned. I apologize that I could not make him successful. I feel bad that he has such a bitter and angry taste in his mouth about me and real estate in general.

When someone is having a bad go at something they of course want to blame everyone and their brother. It is normal to be pissed off at whoever told you this or that was a good idea. What can I say? He's mad.

The strategies and principles must be working for someone though. I myself am in the middle of a short sale that we are projecting to make a lot of money on. I just got back from Chicago where I was speaking with a gentleman out of Denver who is making money hand over fist in bank REO's. One of my student couples just emailed me two days ago telling me about a house they took over using the strategies they learned from me with a ton of equity in it that they are going to seller finance and make a decent profit from.

The question that this person brings up for me is why does it work for some and not others? Why is it that I can guarantee, wherever this person is from, there are other investors doing just fine in this market? I guess that question will never be fully answered, at least not well enough for someone in a frame of mind where it's everyone else's fault that they are not successful. Go to any one of the real estate investors groups in your area and you will find people that are doing just great in this market. Will you find people in your exact same situation? I guarantee it. Will you find others that are pissed off because they paid for education that just doesn’t seem to be working? Yep. They will be easy to find. They tend to attract to each other and love to commiserate with each other.

I really feel bad for this person. It must really suck. I'm not going to defend myself or what I have taught him and others. I don't need to. I'm not going to get in a blog fight or war of words with him or anyone else. We all have challenges come up in our lives. I have crappy day’s weeks and months. I have had BAD deals and will have bad deals in the future. No one ever said that you or I wouldn't. I never promised anyone that there would be no challenges in the game of real estate investing. I never predicted the future of the market in your specific area. I definitely never forced anyone to buy a property.

Do I care that he is ticked off? Yep. I wouldn’t take the time to write if I didn’t. I do know that all of my students have my email and office phone number and I always answer to help in any way I can. If being mad at me helps him deal with the crap he is going through then fine. I have a stack of testimonials from others and I hear stories all the time of the exact opposite view.

The best lesson all of us can learn from this person is; when things get tough, when it really is “hitting the fan”, we all can choose to play the blame game or we can choose to get off our duff’s and move forward. That is my wish for this person. That they move forward and find a way to become successful in spite of how he feels about me or anyone else.