Rather than "guru."

[William Mccurdy]

So a quick backstory. I went to a 3 day "guru" up-sell with fortune builders about 2 months ago. Cost me 200$ but it got me interested in real estate and I am already working on my first deal. Yesterday I went to the rich dad "counseling" up-sell and decided 300$ on the same info I got from fortune builders just isn't worth the money. It would be better spent learning a specific investing skill instead of a broad investing idea. So anyway I am motivated to continue education and want to spend the 300$ to learn something. So how would you do it? What books, classes, or training would you rather do than another 3 day seminar? I have already read rich dad poor dad, both the book on flipping houses and the book on estimating rehab costs. So what's my next step?

[William "W.J" Mencarow]

William, as background, I went to my first real estate seminar in about 1982 and have heard hundreds of "gurus" since then, read a pile of books, and even have bought some real estate. My conclusion is that most of them make their money from seminars, "boot camps," "coaching," etc. I'm not guessing about that -- I became friends with one of them who grew a conscience, and he admitted to me that most of the "gurus" he knew owned little to even no real estate at all. (I'm not referring to any of the people mentioned above; I don't know them well enough to comment.)

You do have to decide what area of real estate most interests you, what fits best with your skills and resources, and find an honest teacher. Start here: http://bit.ly/29sFXGj (I've known the author of that site for over 20 years and he's as straight-shooting as they come). Then, if you decide single family houses is the way you want to go, after my years of testing the "guru waters" I have two suggestions for you: http://peterfortunato.com and http://www.johnschaub.com John also has ridiculously low priced home study courses and books. And you will not hear any upsells at either of their seminars (I just went to John's again earlier this year).

I hope this helps. Feel free to PM me. -- Bill Mencarow