Hello BP members!

[Kenneth Wong]

Good day All.

I'm new to BP. Sorry for the long introductory e-mail, but I have a pressing concern.

I'm located in the Bronx in New York. I am about to take the NYS Real Estate Salesperson exam for the second time in 25 years. I own a few properties as primary, and a landlord. I'm a Wall Street castoff after 20+ years, and seeking my next career in buying, renovating and re-selling properties at under fair market value.

I attended a seminar last night as follows:

Thank you for registering to attend the FLIP MEN Free Exclusive Preview Event. Be sure to mark your calendar because you surely won't want to miss this!

Thursday 01/23/2014 6:00:00 PM Radisson Hotel New Rochelle One Radisson Plaza New Rochelle, NY 10801

At This In-Depth, Preview Event You'll Discover How To:

• Find valuable real estate at wholesale prices.
• Get up to $500,000 in pre-approved real estate funding not based on my credit score.
• Get a hold of pre-auction and tax deed auction properties and turn them into Cash.
• Find income properties I can flip overnight.
• Sell income properties before I even close just like the professional investor does.
• Learn the four secrets to reduce risk.
• Avoid the common road blocks most real estate investors eventually face.
• Generate real cash flow from the comfort of my own home.

We look forward to meeting you at the event!

Sincerely,
The Flip Men Team

Scott and Amie Yancey of Flipping Vegas, and Doug Clark and Mike Baird of Flip Men seem to have sponsored this event.

After reviewing pitches from a dozen or so talented "flippers" of real estate, on Youtube, this seminar had one added twist: access to $500k cash per deal, not based on your credit, assets or collateral.

Has anyone seen this, and if so your thoughts please. I did not sign up for their 3 day intense seminar, to be held in Tarrytown NY in one week, but it sounds awfully tempting. If you complete a deal in 100 days, they will pay you back your training tuition....

-Ken

[David Jones]

These types of seminars are usually a dime a dozen. You will be there with a couple of hundred eager and motivated albeit a little skeptical people who want to be millionaires from flipping houses.

The seminar will be a great presentation making you hungry for more. The speakers will be charasmatic and every body will be taking notes hoping the hear the "secret". Unfortunately it will never come. They will tell you just enough to entice you into buying into what they are really selling. Which will be some sort of program that guarantees results and it is only going to cost you a few thousand dollars in the promise of making millions.

With all that said, I don't think it is a bad deal to go to a free conference and maybe get you motivated to start on your own. I can say that you would be better off in the long run to stay on this site and monitor topics, and ask questions to other investors. Go to the library and pick up some free books, or look to partner with someone who has been doing it a while.

That is just my experience and opinion. Good luck to you.