Monday, October 8, 2018

Real Estate Investing - Checking Out The "Gurus"

A relatively new website, www.scamsgalore.com, has taken on the formidable task of researching the major real estate "gurus" and providing accurate reviews of their offerings. Unlike many review sites, these reviews were put together from information gleaned from reliable sources like the FTC and BBB, as well as a thorough study of the various offers being promoted.

Some of the reviews are eye-opening, and produced some unexpected results. For example, the Carlton Sheets real estate course ranked in the top 5, while one of the current "kings ", Armando Montelongo seminars, ranked near the bottom. Another surprise is the rank that the Ron LeGrand Gold Club managed to eke out. But the review most visitors seem to be interested in is the review of Than Merrill and his FortuneBuilders

By and large, most of the better known gurus did not fare well at all. The very fact that they are "infomercial gurus" and host seminars and boot camps helps explain why - as Forbes so aptly put it, such tactics are designed not to teach, but to sell. And when the focus of anyone who offers to teach anything becomes the selling of their own products and services rather than teaching - well, you end up with garbage.

There are good courses that teach real estate investing, such as "The Simple Man's Guide to Real Estate."  This is a program that, offered on a non-profit basis, has but one focus - teaching people how to invest in real estate. And it is the only real estate course that provides free coaching - they have solicited the help of actual, successful investors to volunteer their services to help others learn the secrets of investing. And students can actually consult on the phone, one-on-one with the author, Bill Vaughn, personally. No other guru does that!

And there is another difference - "The Simple Man's Guide to Real Estate" is low cost, and has maintained an A rating at the Better Business Bureau for nearly 20 years, even though they are not "accredited" (i.e. dues paying members). They chose not to be dues paying members in order to avoid any possibility that the BBB would give them a top rating just to keep the dues coming in each year. In other words, their A rating is not bought and paid for.

All in all, it is up to each individual looking to learn real estate investing to do their due diligence. Sites like www.scamsgalore.com help folks to do just that.

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