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Updated over 7 years ago,
GURU classes and cost 10K,25K,35k would you pay? Feedback
I know many people are opposed to taking these GURU classes (a guy who is on here often) I have not mentioned the name unless people request me too, so I have a question are any of them really worth it? I'll give you my feedback on a 3 day seminar I took, I saw all of these people signed up which was crazy because many of them were broke and completely clueless! The class I believe is for many beginners who have no clue at all may be worth the money but $10,000 is hard to swallow for the cheapie package. With that said the material even for the seminar that was $160 was pretty decent I have a decent intermediate level knowledge of real estate from years from mistakes and successes obviously by myself. Basically, they provided a lot of material from more of a business perspective (banking, numbers, some contacts) taking your real estate game to that level, it was decent and provided hard money lenders they work with all the time (how does that work they get kickbacks or special deals? Even one hard money lender that they worked with joined this time (which I was surprised and didn't know what to think of that?) Also, they introduced the big couple of REO guys that work with (again I'm sure they get the best deals while the little guy like me gets scraps). Also, they provided their formula pretty much for free all the calculators or at least you could write them down. They also provided personal coaching.
Now the bad, my problem with the seminar is they would tell you how great it is to make so much money and they were doing it over and over and they could help you too! The catch? Finding the deals they were the gate keepers to everything! Why the hell they going to share anything with you because you paid them? They little club had over 200 members (do the math over 2 million in $$$) that paid the ones on the bottom level got maybe one deal (that they had probably passed on, not enough fat for them) and the training that’s it! The second level maybe 2 deals (they probably didn’t want either) and the training. The top level $35,000 probably got a little more help. Ultimately, I feel that if you get to cherry pick all the best deals and now you’re charging people money is that really worth it just for the info? They do have a portal and have documents you can use and some calculators online. They claim they just can’t do all the deals but yet they do most of the deals personally the guys at the top. So what are peoples feeling on this? I felt like I would pay for the info but more like $1500 or less would be fine but those crazy prices were ridiculous. I felt like I was in a cult nobody talked about the price but they had business meetings on the side and it was all secret I felt a little weird (like dianetics)sp. This was my first real estate seminar and I was disappointed that there isn’t more of a community of people willing to just help people out for free or nominal costs other than sites like deep pockets. Is the common practice at all the real estate meet up groups (constant pitching people looking for angles?) Are people just so greedy they don’t want to share unless you pay? I felt even more separated and segregated from the haves and have nots. I get it that the business is competitive but my close friends who do real estate we all share with each other and help each other out because I would not be here if they didn’t help me. I always help people for free to pass it forward so I found this type of people and groups confusing is this the way you learn and get ahead in real estate? So I would love some feedback on this.