Hello, my names Jake, I've been listening to bigger pockets and Grant Cardone for a while now and am about to attend my first seminar on investing in real estate/house flipping. I've registered to the class in Chesterfield, MO on Tuesday September 12th for the 6:00 time slot. Just wondering if anyone else has taken this class and what I can expect for my wife and I. Also I was hoping to meet some fellow BiggerPockets members. Thanks in advance for taking your time to read my post and I look forward to connecting with everyone!
@Jake Blum I went to one out of curiosity. I'd say it is 80%-90% sales and hype and 10% content. If you are going to a free meeting it may be 100% sales. In other words, they are trying to sell their coaching programs to you. And the price can be in the 10's of thousands.
Don't do it. You can find all the information you need right here.
Over the past few years, I've checked out seminars from Rich Dad, Than Merrill, and Renatus. They all seem to offer good education, but you will need to pay for that education. You will not get it from a free 2-hour seminar or even a weekend-long intro. The best thing you'll get from some of the intros is a few useful materials that will whet your appetite for more information.
Your money might be better spent if you can partner with a mentor or coach who can walk you through your first deals in exchange for a fee. As I've said elsewhere on these forums, watch out for someone who is making more money from selling real estate advice than from actual real estate investing.
I appreciate the heads up, and figured that's what it was about. I was mostly intrigued by the potential networking possibilities than the sales pitch... also, I'm trying to ease my wife into the idea of purchasing our first investment property. My constant telling her of all I've learned through bigger pockets or books I've read sometimes go in one ear and out the other so I'm hoping an event might motivate or encourage her to learn more.
@Jake Blum If you want motivation, go! Keep the wallet in the car because you will be tempted to buy.
So we went to the seminar and you guys were right... They gave us just enough info to be interested then told us to hand over $300 for a future seat at a workshop class (which we did not). However I did learn a few new things that I haven't yet heard on bp or some of the books I've read so it wasn't a waste of time. Also my wife was actually taking notes and showing interest so I'd say it was an overall good experience. I still want to learn more about how to calculate deals for flipping or brrr before we take the plunge, but I think she's onboard for making this happen sooner rather than later.