I put money into Gurus.... help pls!!!!

[Pati Tanielu]

I put money into these guru seminar and now my credit score is low, credit cards maxed out , no deal . Stressed out , any tips or advice? I'm all ears...

[Jay Hinrichs]

no matter if you pay for your education in real estate or you get it for free.. nothing happens until you MAKE it happen... however as a reality check this is a very tough business that gets glorified on TV and on sites like BP...

Its pretty tough really to start in this without significant capital especially west coast.. out in the mid west and rust belt were houses cost less than used cars.. you certainly can get going with limited funds. 

So to that end I always advise if one wants in the business you need to actually get in the business and apprentice somewhere and get paid to learn  NOT pay to learn GET PAID to learn.. this by being a licensed assistant to a top producer.. either resi or commercial or leasing.. or going into the mortgage field etc etc.. At least you have some income while you learn..

Guru or any kind of paid training is good for those that can afford it.. although look at all the college students who have student loans.. no difference instead of a student loan you have credit card debt. this is something I do not agree with .. when it comes to selling education... but then again there are many companies we heard about were they boot strapped it with their CC and now have a thriving business some empires.. Generally NOT in real estate though.

this business cost MONEY to do.. driving around requires a car and gas.. bandit signs you have pay for plus drive them around and put them out.. if you do direct mail that is very expensive if its to be effective..

So that's my feedback.. for the what ever its worth file  LOL