Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Guru, Book, & Course Reviews
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 14 years ago on . Most recent reply

User Stats

15,747
Posts
10,945
Votes
Will Barnard
  • Developer
  • Santa Clarita, CA
10,945
Votes |
15,747
Posts

Guess who is coming to town!!

Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorPosted

Armondo M. is coming to CA and is holding many seminars in many cities here in CA, one of which in my hometown.

I despise RE gurus and will do my best to warn others of their hidden agendas and the "real story" behind their fluff and "pipe dream" sales tactics. As such, I have a particularly bad taste for this guy.

My attorney in San Antonio sued this guy and informed me that Armando was sued by many others for scams and failed RE ventures.

Anyways, for those who are new to RE, DO NOT be fooled by these RE gurus and their marketing and sales tactics. They promise the dream and deliver the nightmare, nothing more. Please warn your friends, family, and contacts to stay clear from this guy and others like him.

Most Popular Reply

User Stats

1,906
Posts
1,396
Votes
Mitch Kronowit
  • SFR Investor
  • Orange County, CA
1,396
Votes |
1,906
Posts
Mitch Kronowit
  • SFR Investor
  • Orange County, CA
Replied
Originally posted by Rob Caldwell:
I know a guy that has spent over $80K with the Kiyosaki group and has never bought a house. Unbelievable!

Don't rush him... he's still learning. :wink:

I've said this before - I believe many would-be investors USE these courses, boot-camps, and seminars as EXCUSES for not taking any action. It disguises their fear.

For any new investors contemplating dropping a few thousand for real estate "education", allow me to offer this alternative:

1. Read Biggerpockets. Cost = FREE

2. Check out books on real estate from your library. Cost = FREE

3. Attend local rest estate investor meetings and talk to the other ACTIVE INVESTORS in the group, not the keynote speaker/salesman. Cost = $20-25 per meeting or a couple hundred dollars for annual membership.

4. Put that $3,000, $10,000, $25,000 or whatever you were planning to spend on "training" for a REAL piece of REAL estate. You'll learn much more in the first 3 months of owning your own property than any of these "guru" jokers will teach you in years. And you'll still have a valuable asset at the end instead of a box full of worthless CD's, books, and tapes that you can't even get $10 for on eBay.

Loading replies...