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Updated almost 8 years ago on . Most recent reply

User Stats

151
Posts
106
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John Barrows
  • Real Estate Broker
  • Auburn, WA
106
Votes |
151
Posts

Beware the ADVERTISING BY SO-CALLED wholesale GURU'S

John Barrows
  • Real Estate Broker
  • Auburn, WA
Posted

I have been in the real estate business for over 22 years. Most all my experience has been buying and selling real estate retail (conventional buyer/seller) or foreclosure deals. I have been looking into Wholesaling real estate and have come to a QUICK CONCLUSION, these people who are selling books, post cards and other money driven gimmicks are NOT giving you your money's worth! 

I was inquisitive and decided to BUY (post cards) from one of these SO CALLED WHOLESALE EXPERTS! I quickly found the sting of dishonesty and fraud in advertising when I received the so-called post cards.. My 3 year old Niece could have done better with the ads! 

So, for my $47.00 investment for the post cards, the mailing I completed (with no responses) and cash burn experienced, was a lesson well learned! This so-called tipster, coach or ripoff, has a blog on bigger pockets and explains that these post cards are what HE USES and has found them to be effective!!! They are not worth the paper they are written on and this guy should be arrested for ripping people off. I also suggest that ANYTHING YOU DO IN WHOLESALING (try your ads out on craigslist) first, (for free) before spending a dime for "highly ineffective" cash burning, post card ads that DO NOT WORK! 

Please beware, that all these so-called experts, are here to SELL YOU SOMETHING and NOT give you their own information that they may or may not use to do their business! Some may say sour grapes or something worse but, I want to make sure people know before they spend their hard earned money on FALSE, MISLEADING information that WON'T MAKE THEM A DIME! 

Happy wholesaling and remember, because they say it works for them doesn't mean it will work for anyone else! 

Most Popular Reply

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2,277
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2,946
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Nick C.
  • Specialist
  • Tampa, FL
2,946
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2,277
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Nick C.
  • Specialist
  • Tampa, FL
Replied

Although I agree with you 100% that gurus are the bottom feeders of this industry, and they unfortunately seem to be breeding like rabbits, are you saying you sent $47 worth of postcards? I think that's too small of a sample size to conclude that it doesn't work. 

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