Robert Kiyosaki 3-Day Real Estate Seminar

[nta]

Originally posted by: android
A few points:


4. For $5000 you could amass a library of real estate books that if you read them would teach you far more than a weekend seminar.

5. For $5000 you could put a down payment on your first small property!!!

6. Or for $5000, you could buy every deal on this board!!! (except this one)

True, True, and True!

 

[ChrisOjeda]

Rich Dad Poor Dad is a great book that teaches you to see how to get out of the rat race (change your way of thinking). His other books go into the details more on the how to do it. I'd seriously recommend Rich Dad Poor Dad to anyone. It is a great book.

 

[swimmersteve]

it's worth the 5000 investment. This guy is awesome.

 

[Red]

I am a real estate agent... it has cost me ~750 for real estate school, and about another ~500 to get get started in the MLS and local real estate associate to use contracts. Took me about two months to finish school, with a full time load in college, and working 30 hr/week at my job (I'm 20)... the average payout of a house is between 1,700 - 2,500 dollars, no matter if you are the selling or buying agent. So, I figure if I sell or buy two houses for people I've got my money back.... but it is hard to sell houses to 50 year old couples on their 3rd home when I'm a 20 year old know-it-all

EDIT: Oh-- don't waste your money. About a year ago I attended a free real estate seminar... they all tell you the same thing: Buy a foreclosed/repossed property for 50k, drop some cash into fixing up the yard / carpet / paint / etc, then sell the house for 80k and keep the profit after the cost of fixing it up. Things they forget to mention: Average home sells in 120 days, while you make payments on the property each month... and people are so aware of the process these days it is not really a money maker unless you've got some luck. The rest of the seminar talks about how you can improve your credit by getting secure loans from bank 1 and 2, paying off bank 2's loan with the loan from bank 1 and yadda yadda stuff that does nothing really. Oh well.

 

[krwell]

Than better question... Whats the best way to find foreclosed houses?

 

[DerProfi]

Originally posted by: slikk
I must be too young, I've never heard of that Tom Vu guy or seen his infomercial. So is he locked in a cell or living in a mansion somewhere w/ those babes?

Yeah, I did some searching and his infomercials last aired in 1990.

linky

 

[ModestFever]

need go get somebody to bring a hidden tape recorder for ya =P

seriously, doesn't he sell several audio programs? get those along with his books before thinking about attending any $5000 seminar. It is true that if you can save $5000, then it is worth it, but if you can do that with out going to seminar by doing it other ways... i.e. books/audio tape, why attend the seminar?

 

[knightc2]

6. Or for $5000, you could buy every deal on this board!!! (except this one)

You said it! That's 12 DELL 18" flat panels!

 

[HalfHitch]

Kiyosaki is a genius, book selling and motivational genius. In our country we also call a person like him a scam artist. Now you know all you need to know to emulate his wealth building. Some of his financial advise is probably also good. If you want to benefit from this man's genius do as he does and not what he says. If you want Real Estate advise, get an address of a property that he has made money from and look at the public records of the transactions. Life is short and it is a big world out there, money is only a tool to spend your time the way you want to spend it. Now you know all you need to know to be happy. I only tell you this because I am a truly wonderful person. Thank You.

 

[Yax]

Originally posted by: HalfHitch
Kiyosaki is a genius, book selling and motivational genius.

Ofcourse he's a genius, that's why he's able to get people to pay him $5,000 each.

 

[RichC]

1.) John Reed has some good points. Kiyosaki is probably a liar.
2.) Kiyosaki's book did have some good points, even if he was lying.
3.) $5,000 is way too much to spend on any seminar.
4.) I need a job.

 

[Ferocious]

The best way to make money is to come up with a infomerical like this one.....telling you how to make money.

 

[Jmman]

I live in Denver and the freakin radio ads for this jerk played every 10 minutes for weeks on end. I get on the internet and voila, what appears, more crap about this guy. If I hear Rich Dad, Poor Dad one more time, I am going to get violent......[/rant]......:|:Q