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Updated almost 9 years ago,
Curious...
I recently attended a seminar hosted by one of the referred to as "guru" companies. I have attended two different company seminars since I started learning about real estate investing. ~Rich Dad Eduction & ~Fortune Builders Each company offers a great deal of mentorship and systems ect. at a very high cost. I understand the MLM approach from these companies and see how recruiting helps the companies grow. I can see how the systems, especially in one of the companies can
be very useful and helpful.
I also listen to BP podcast, webinars and read the forums and I have learned so much from these sources. Thank you BP! I've heard multiple times that the investment on these guru companies is not necessary. But I've also heard that they are helpful.
I'm not looking to get rich quick with REI. But I am looking for a strong, steady, supportive income that will benefit me, my family and others who need income. I want a business that will finance others with jobs.
So, I'm looking for some advice from everyone.
• If you've utilized these companies to learn and build your business?
• Which company did you choose, if so?
• If you've attended and chose not to, why? (The biggest why is the cost.)
• If the cost held you back, and if you could have found a way to pay, would you have?
I do not have the business or financial experience to put together a business plan. So these companies appeal to me. I realize that no matter what, to be successful you have to put in the work. So do you invest in one of these companies for guidance and systems mostly. Or do you invest in a property and figure it out as you go.
~A little something about myself. I like order, to know what's going to happens step by step. I don't need someone to hold my hand, but need guidance.
As a newbie, as I get introduced to these different options. I am just curious who has done what. What route did you choose and why?
Thanks
G