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Started By
Message
Than Merrill from Flip This House Class
Posted on 6/29/12 at 8:41 am
Posted on 6/29/12 at 8:41 am
Does anyone know when he will be in Baton Rouge and what this is about? I heard it was either this week or next.
3
Posted on 6/29/12 at 9:43 am to cmlsu
quote:
cmlsu
quote:
Does anyone know when he will be in Baton Rouge and what this is about? I heard it was either this week or next.
I'm sure it will be like Kyosaki's "Rich Dad/Poor Dad" BS. They play a video, ask you some stupid questions about real-estate, and hint around that you can use your credit to buy homes for "pennies on the dollar".
They want you to buy their marketing materials/self help business start-up stuff if you're stupid. If you're a completely hapless boob, they'll hook you for a 'follow-up' more intimate regional session where you go for a two-day "workshop" that runs about 3K where they'll try to get you to commit to a $25K or so national meeting where whomever the actual guy is will show up, give you 3 minutes and then walk off while counting the money.
ITS. A. TRAP!
I went with a friend who had some money to invest but didn't really know a heckuva lot about real-estate. My advice was why not go to real-estate school? Guess he was too busy even though its online and part-time day/evening classes avaialable.
This post was edited on 6/29/12 at 9:45 am
Posted on 6/29/12 at 12:27 pm to GFunk
quote:
why not go to real-estate school
DING!
Posted on 6/29/12 at 2:18 pm to cmlsu
So basically, not much useful info...just a scheme to get rich for Than and his buds?
Posted on 7/1/12 at 1:03 am to cmlsu
quote:
just a scheme to get rich for Than and his buds?
This.
You see guys like this every decade. They sell "educational" materials geared for people who basically know nothing about the industry. It isn't necessarily false information, but it is overpriced information with a good dose of hype.
One thing these guys always do is trot out a list of people who made a good bit of money by doing very little. With nothing down, of course. In a rising market that isn't terribly challenging. But they don't show you the ones who went bankrupt, or even those who did do well but worked their asses off.
They are selling hope but not reality, which is that you can make money doing this but to do it consistently isn't easy or risk-free.
Posted on 7/1/12 at 1:12 am to foshizzle
My wife attended a PoorDad RichDad seminar. She left at first break.
Posted on 7/1/12 at 2:06 am to foshizzle
yep.
If these guys have found these "guaranteed" ways to making money/turning over real estate/ whatever the plan, why in the world are they marketing?
If these guys have found these "guaranteed" ways to making money/turning over real estate/ whatever the plan, why in the world are they marketing?
Posted on 7/1/12 at 8:30 am to GoCrazyAuburn
quote:
If these guys have found these "guaranteed" ways to making money/turning over real estate/ whatever the plan, why in the world are they marketing?
because there is a whole lot more money to be made, particularly in this "magic pill" society we live in today.
Posted on 7/1/12 at 10:08 am to GoCrazyAuburn
That's the krux of all the BS get rich quick schemes. "Hey, I know the quickest easiest way to make an insane profit while doing little work... And I'm going to tell you all my secrets, FOR FREE."
If they actually had some "golden secret" they'd keep that shite on lockdown.
If they actually had some "golden secret" they'd keep that shite on lockdown.
Posted on 7/2/12 at 2:44 pm to cmlsu
do not waste your time and money i have been hearing the radio ads for his crap and it makes me laugh. you know they took his show off the air for awhile because he went freakin broke after the real estate bust of 2008. its hard to buy investment or flip properties when lenders require 20% down!
Posted on 7/2/12 at 2:45 pm to TigerDeBaiter
:inb4armondomontelongo:
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