Robert Allan
A friend tells me he just finished a Robert Allan class that cost him around $5,000 to complete. A 3 day course at that. He tells me I really need to complete this course to get a full understanding of the business of buying and selling foreclosed property. Is it just me or does this sound a little outrageous, considering the wealth of knowledge I'm seeing on this site in only three days of visiting here?
5k is the going rate for "boot camps"... but if your learning curve is such that you can acquire the knowledge thru a site like this .... you're one up and 5k ahead of your friend... do what works for you!
I work with an investor who attended the same seminar for the same price, and she is sure that she got her money's worth.
She called me the other day, and when she had mentioned how she was going to go about purchasing this property, I warned her first to do her due diligence on the property and how she was going to negotiate the deal.
She was totally unaware of all the little details such as title checks, difference between L/O and Lease Purchase. The tax ramifications between flipping quickly and holding on and renting it out first.
Basically, she didn't know half of the things that many of the people know here, not to mentioned the support you get here.
hope this helps,
Beau[ Edited by bjsmooths on Date 10/18/2003 ]
I have a friend who purchased the Robert Allen course, (5K), and went to the seminars over the summer. He still hasn't purchased any property and doesn't really know where to start.
Earlier this month, with this friend, I attended a San Diego Creative REI seminar which was to have Robert Allen as the guest speaker. I attended as a visitor and within 10 minutes of Mr. Allen speaking I could tell that is was only going to be a sales pitch. Seems like he's on to some good ideas regarding various "streams of income" but didn't give out any free information. He was apparently a very convincing speaker because a large number of potential REInvestors were jumping up and down when he interacted with themm, kinda like a game show.
In my opinion, I would suggest to a beginning investor to sample a less expensive course first- Carleton Sheets or something, (this website discusses several others), before digging so deep the first time out the gate. Save your precious dollars for the actual purchase of real estate! And yes, as someone above pointed out, this website has a mass of good information.
Good luck!
It is really sad, when I see someone who is trying to do something for themselves, and they come across S**T like this. There is a lot of information for right here on this site and elsewhere for FREE that will give the correct information about CREI.
If you are going to get into REI then you need to know what you are doing. I would recommend you read all the posts and articles here on this site and then when ready, ask direct questions about your deal and you will get the help you need..
Best of luck,
John (LV)
I agree in with John. This is the best site in my opinion for REInvesting creatively.
The couses are good, forum support is terrific and the information gathered here is priceless as mastercard says.
Beau