Flip or Flop, Tarek and Christina's Real Estate Conference

[Candice Lovett]

Just received an invitation to a Real Estate conference being held in NC.  Unfortunately I attended this conference last year and am still paying off the $6000 I paid.  They pump you up at the free 3-hour seminar then sell you a 3 day conference for $3000, with promises of 100% financing options. 90% of the people I talked to had the knowledge but not the money to invest.  Big promises are made that they have their own financers and if you buy into the program you are guaranteed to get the money you need.  The knowledge part could be covered in 2 hours, as the rest of the time is filled with fluff and success stories that pump you up.  Of course they try and sell you $20,000, $30,000 and $40,000 packages.  That blew my mind, and people did it.  And those that did not, were made to feel like losers.  First $3000 lost.  A few weeks after the conference we get a call about a program where we get our own personal mentor, familiar with our area and guarantee us our first wholesale deal within 6 months.  Another $300 lost, as we had weekly phone calls with a seasoned investor who covered a few tidbits and then you looked at houses on Zillow.  All we ever heard was make 10 offers a week, which was impossible in NC with a Due diligence clause in every contract.  Of course they were not familiar with NC real estate law, as we were told they would be.  The final step was 10 people on a conference call talking about how their business was going, and not one had had a successful wholesale deal or flip.  Total waste of money.  DO NOT FALL FOR IT.  Stay far,, far away.  

[Candice Lovett]

You believe the hype. I would say 40% of the people at the three day conference  paid between  $25,000 & $40,000. They make a lot of promises. Thats,why I'm posting, to try and stop people.