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Updated over 1 year ago on . Most recent reply
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Rich Dad Education course... Was it worth it?
Hey there,
My name is Logan and I am new to Bigger Pockets. My first question for the BP community is about taking more advanced Rich Dad Education ( now called "Legacy Education") courses. I went to the free seminar this morning and while I did enjoy my self I thought that they were aggressive with the sales of more advanced classes. I love Kiyosaki's books but was a bit turned off by how aggressive they were today.
They are asking $700 for a 3 day course called "Legacy Education". I am a little uneasy spending that money without ever hearing from outside sources that the programs are worth the price.
Have any of you ever attended a paid Rich Dad Education course?
If so, how was it?
Was it worth the money/time?
Thanks for your insights!
Most Popular Reply
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@Logan Aardrup You'll make someone's dad rich, it just won't be anyone in your family.
Honestly, most real estate gurus are the equivalent of the modern day snake oil salesman. Most of these folks can't/don't have a real job. They also have ZERO investing career.
Ask yourself a simple question: "If this person has such a slam dunk strategy, why is he teaching this to you (a newbie) for $700 over 3 days?"
Save yourself time, effort and money and learn through books, podcasts, blogs, etc. Follow that up with networking in your local market with investors by attending REIAs and meetups (although both have now become pitch fests for shady gurus).
Try to find the successful people who are not selling you anything or do not offer any gimmicks. These can usually be identified as the few sober people not beating their chest and talking about their "massive" returns.
Take these sober, successful folk out for coffee/lunch (pay for it, don't let them) and offer them a ton of value. Don't keep pestering them with stupid questions that you can find the answers by a simple Google search.
Stay in touch, keep adding value and you'll be ahead of scammy gurus and amateur investors in no time.