Had anybody heard of Joe Arias?

Question

Has anybody heard of him? I am planning to attend his seminars? Should I be careful?

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Tamera Chan · Answer

I wish I hadn’t figured this out the hard way. I attended a free event that shared a few useful tips and offered for $300 to provide resources to actually use when finding and analyzing deals, as well as resources on how to find leads for off-market deals, etc. It was a 2 for 1 admission so a friend and I split this and paid $150 each.Unfortunately it has been nothing but dangling a carrot; the speaker has reviewed a handful of useful facts and tidbits but not actual education on how to use them and instead says “wouldn’t it be great if you had someone LIKE A COACH to make sure you were doing this correctly?”It’s a 3 day seminar to pitch to you all the reasons why you need to spend more money joining their “Elite Success Club” to get help with real estate deals. While this might be something many people are interested in, I am not getting what I paid for. On top of my $150, I’m out the cost of a hotel stay and income lost while away from my existing business. I’m on day 2 of 3 and not sure if I should bother staying in hopes that I get what I came for, or if I should just leave now.

Kirstin A. · Answer

Thank you both. Paul’s reply from four days ago didn’t show up originally (glitch?), so apologies. Thanks to both of you for the feedback, this saves me effort and time. A hard no!

Naomi Reed · Answer

I agree with you, @Paul Hernandez. I just attended his seminar lead by one of his associates. The contents were very basic and they are targeting to beginners - which is totally fine - and I didn't find much value to sign up for the upcoming 3 days seminar for additional costs. They started with $1999 value or something and slashed it to $999 or something if u were to signed up that day. It was not for me. You will get so much more information by listening to BP youtube in my humble opinion :)

Tamera Chan · Answer

They will NOT give you any of those leads unless you sign up for the other courses which range from $9K -25K. It’s a complete scam.

Shaquone Williams · Answer

Hey guys so my wife and I just went to the seminar yesterday and for us it’s $195 for both of us and I just wanna confirm that in this three days they don’t offer you their contacts or lenders? Because during the seminar they said that they give you their connections and in general give you all the tools you need to succeed. We didn’t have the money yesterday we were going to wait until our next payday and they said as long as we pay before the three days we can attend

Erick Gonzalez · Answer

Went to their 3 day seminar here in Houston this weekend and I can confirm this is pretty much it. By the second day I realized all they were trying to do was sell their expensive programs and scaring people into thinking they need a coach to handle all their finances. Obviously it helps to have help but for a prize of $25k its not worth it.

Paul Hernandez · Answer

not good. the conference in the speakers forbid you to ask questions initially so that you would not out them as paying like a club. After much consideration, I think being a PRO bigger pockets member is the better investment

Naomi Reed · Answer

Hi Paul,Did u attend his seminar? Would u mind sharing ur experience? Came to ask the same question and found ur thread from 11 mos ago :)Thank u in advance!Naomi

Account Closed · Answer

I’ve been contacted by several investors who have bought into the “community.” They love the social but they tell me they lack the training to buy properties successfully and confidently. There are those of us that provide one on one, personal, individualized hand held training to make sure you actually buy properties, avoid trouble and teach you the processes, for about 60% of that fee. I was just contacted by someone who joined a guru “community” and now is in a pickle because they weren’t told about the pitfalls and fell into one. Seems such a shame and it could have been avoided. Here are some of those pitfalls. Be wise and avoid them. Get trained properly. It’s important to know what can happen so you can avoid them and deal with them if they occur. https://www.biggerpockets.com/forums/311/topics/1060320-using-subject-to-to-get-free-properties-a-quick-guideline

Tamera Chan · Answer

I should have posted after the conclusion of the event; by the end of day 2 I started raising hell and was given a refund. I was invited to stay for the rest of the event. I made it through mid morning of day 3 and decided to leave. If anyone has already spent money to attend the 3 day, even if you just go for the first morning consider asking for a refund if it's not what you're looking for.