To master one must be given the opportunity to see the true potential of an investment. I receive many calls usually they fall into two categories
1) Where can I buy properties through tax sales for pennies on the dollar-
It rarely happens in Florida. You can’t obtain a single tax certificate and own the property due to a multitude of reasons. I.E. All other certificates must be redeemed by you, by Statute 1/2 of assessed value must be posted with Clerk if property is homestead exempt and tax deed conveyed to you, etc,etc.

Tax certificates are for investors seeking interest, bidding starts at 18% and goes down expect to invest 2% of property value. Tax deeds are for investors seeking property ownership
expect to invest 40% of property value + holding for 4 years or cost of quiet title + carrying costs such as hoa dues/taxes/special assessments and any liens not covered by auction overage.

2)from individuals wanting to unload property and or contracts. I can perform a 20 year title search in most Florida counties within a few minutes and make smalltalk while doing so. I divulge my findings good or bad and have had people cry when informed that the property they purchased by quit claim has code enforcement liens which exceed value or there are numerous liens and judgments encumbering the property. Most, hearing the bad, will divulge that they recently completed the newest training or bought an ebook.

I have seen many would-be new investors falter due to lack of motion but I have seen almost as many waste their dream due to lack of education or innacurate information.

By the way, where did you find that 4% number for seminar attendees?

Most beginners wander around aimlessly putting in 5% of the effort needed for a certain strategy and try 10 different strategies. Spread to thin. It is best to pick a strategy, write it all up in a plan and write what it will take to achieve success and master the plan.

-Ryan