The P.I. published an interesting article last month entitled “Flipping property not as easy as seen on TV, experts say”, about the trials and tribulations of buying, fixing up, and selling property for a profit.
It’s hard to do, because if it was easy, everyone would do it. But there are dozens of so-called real estate guru’s making big money selling books, tapes and courses on late-night TV telling viewers that they can MAKE BIG MONEY IN REAL ESTATE! YOU DON’T NEED A JOB! YOU DON’T NEED A DOWN PAYMENT! You don’t need a brain.
There’s a great website by John T. Reed entitled Reed Guru Rating. He published an alphabetical list of famous real estate investment gurus and seminar organizations which is hilarious.
When purchasing these Real Estate Guru’s products, it’s truly “Buyer Beware”.