Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and something that really fires me up. I think it is morally wrong for these gurus to take advantage of newbies and people interested in real estate when they themselves are not truly masters or successful. Usually they know just enough to sound smart, and make it appear as though they are a master or real estate mogul. I remember I attended a real estate weekend boot camp and the guru showed us his 1099 to brag and show how he made 2 million the previous year. While others were gasping and drooling over this I was examining it and saw that he made over 1.3 million from his company that sold courses and offered coaching. This was my first encounter with a "guru" and really just opened my eyes because I had been ignorant up until that point. I don't want to start throwing out names but the first person that comes to my mind is Tai Lopez. These are the people who have literally become famous from these corny, sleezy ads where they rent nice cars and houses to impress and trick people. I was wanting you guys input/opinion on why you think they are so prevalent in today's world/market? It seems like there aren't any good guys fighting the good fight? What really upsets me the most about this, is that these gurus are the reason why REI have a bad name and are seen as con man and people trying to rob you blind. This has been something that has been on my mind lately and I'm wondering if I am the only crazy person that doesn't like them?

well i am going to take the contrarian stand here on your post. I agree with some of those that sell wholesaling i see as bottom barrel guys simply because the way they teach it is illegal in many states.. but others that teach basic. flipping techniques they are all real its legal and just because 400 people sign up and only about 20 will do anything with the data .. but that's all things real estate. 1.. Just look at a 3 year old thread on BP you will not recognize hardly any names.. they all came and went and did nothing.. ( granted it was free or near free) 2. 50 to 70% those that try licensed real estate sales burn out in 1 to 3 years.. that's a fact. 3. 95% of those that take wholesaling how to course burn out and never do anything.. and probably 80% of those that buy direct mail and launch those themselves never do anything and that could be a low number.. I see it all the time on BP HELP i got a lead.. they do the mailing and have no clue as to how to close. 4. there are those that teach how to buy notes performing or non performing.. Those are are for profit teachers as well. Advanced training cost money.. whether its worth it to an individual is up to them. Also keep in mind most of the BP audience is buying rentals.. as cash flow is all they want and they think being a landlord will get them to the promised land ( whatever that is) and buying rentals is about as easy as anything in real estate anyone who can fog a mirror can understand the concepts.. anyone with 20k in their pocket and a decent fico can get a loan now a days.. so yes that takes no special brain power or advanced training.

Well, you know my stance but I wanted to chime in anyhow. I see new investors who buy these courses like the rare sea turtles my Mum helps watch on the beaches of North Carolina. Can they succeed? Yes. Are the odds good? Hell no. The folks who buy into these courses and succeed are 1 in 1000, like the sea turtle they must break past so many crazy obstacles that only the very fortunate makes it and the rest are fish food. For me, this is why I can't profit on selling a dream. It doesn't align with how I want to treat people or earn money. I don't want to win so they lose, I don't need the money that badly. These folks who are shifting into coaching are doing so because they have bills to pay. Their lifestyle needs supporting (also I speculate they want to stay relevant and successful on social media - EGO), many flipped like maniacs for years and didn't keep a single rental. If I didn't have significant monthly cashflow coming in I would be scrambling to figure out the next hustle too. Even BP is cashing in on this, probably more ethically but they're selling the same dream. Selling memberships and services. Where is the line in the sand on what is ethical and what isn't? I guess that's for us to decide.

lastly the big guru's i know personally make 1 to 2 million per month.. they could care less what you or me or anyone on BP thinks of them LOL..

Some really great points made here by everyone, always appreciate a good discussion. I just had a thought and wanted to point out the biggest guru of them all. Colleges. My generation was sold the expensive college guru package WITH easy financing. The promise of a career like our parents, easy to pay back the debt. No worries. Waste of time degrees, for profit colleges, loose lending for loans that are attached for life. That was a setup from the start. There is little difference between a student with a pile of loans and that friend who lost their ass on an investment in 05'. Only one got to clear the debt on their poor investment. I remember being so skeptical of college and its actual value, the costs being so high it just didn't seem to pencil. I still went, I think a lot due to family pressure but paying for it myself helped me see this scam and avoid the high costs. We come from a culture that loves to sell a dream, a something over the rainbow. Its a constantly moving goal post and mindset in the U.S. to be the biggest, the best, the most successful... with hard work. Not much emphasis on the now or asking about the why or how when the dream is being sold.

@Michael Guzik also for whatever reason CAR's exotics and big fancy houses seem to be something that many tag to being successful. so the wholesaler guy has his add with his lambo his Rolls thats about the extent of it. this stuff is ALL based on MLM stuff that was devised in the 50 to 60s and morphed into real estate space. And for whatever reason many folks don't like to work for anyone and work in a cubical. its hard for me as i have been a licensed RE sales person since I was 18 so been on commission my entire life.. But i look at my daughter who has little to no interest in real estate is in Senior management at Intel works in her cub but knocks down some major money at at 37 is basically set for life NO debt great house nice family and loves her work.. Managing billions of dollars Real estate has been good to me of course its all I know but there are so many other things we can do for a living that are fruitful.. to me dealing with tenants for the rest of my life would be next to being in Prison.. HATE it. but others thats all they want to do... so its all personal choice right ?

Those who can, do. Those who can’t do, teach. Those who can’t teach, consult.

One of my big why's for even being on here is to stand up for the little guy. I don't like seeing people getting cheated. I've been to some of the free seminars just for s&g and found them not applicable to how we do a lot of things in our state. I'd imagine its the same for a lot of areas. Even the teaser info was bogus. All I can do is try to inform here and ask questions of the figure head that stump them. Pretty funny. And don't get me started when part of the sales pitch includes the 'student's increasing cc credit lines to get even further into debt, only to get bad information. At the same time, I am a horrible teacher/instructor. Even teaching my son tween math. I am not good at laying out steps and building a foundation. I say 'wait, back up. I forgot this part' all the time. I'd also rather take a nap than take the time to ministep a course and earn SE income. Cookie cutter systems for wholesaling and tax sales do not work in all areas. The national gurus try and play the same ways in all areas of the country. The 'secrets' will cost you money or worse in some states, but why should they care? They got you to put 10s of thousands on your cc and now it's your fault you didn't take action and apply yourself. Use a local coach if you need one. Anybody who has/had a reality tv show is pretty much garbage IMO.

@Michael Guzik For the record, these guru guys you refer to really and deeply understand the human brain and how the flashy stuff gets attention. Most people in my generation [millenials] craves this shiny lifestyle (sadly or not [depending on your philosophy]). I challenge anyone reading this post to go on YouTube and offer a free real estate course without the shiny Lambo at the back with pretty girls and watch your video GO NOT VIRAL! 😲 The honest truth is most people love to "aspire" to that flashy lifestyle, giving them some hope and/or consolation. I mean how else do we explain the success of these Internet gurus. People love to be gassed (urban dictionary that, lol)! Frankly, the gurus are preying on human nature to make money just as politicians do to earn a vote, both tricksters do it scientifically well. Not surprisingly, there are equally a lot of people who can discern the noise and go after what they want and understand that nothing is free in life. People reach out to me all day about how they want to get started in real estate and those calls can take long (Note: I have a wife and baby who also needs my FaceTime). Are there some great educators [not gurus] out there charging for their time? Hmmm, yes! Professors in colleges and some really good real estate teachers charge for their time (and why not?!!). For those wondering what the difference between a real estate educator and a real estate guru is [just one (others can add to the list)]: • EDUCATOR: Actively engages and invests in real estate activities • GURUS: Flashes their successes to entice to take a specific action [buying their courses] If I go to a seminar and drop 10k with the hope that I would magically wake up the next year in a lambo with a pretty girl then I don't deserve the lambo (but maybe I deserve the girl). To conclude, I'm not sure the gurus are the only ones to be blamed here, but I think those who shell out thousands and never do anything are equally to be blamed. Ironically, all the "technical" knowledge is out here on the Internet and it is free. But free has never been sexy 🤗 NB | (I do not sell or have never sold any courses, ever)

The reason there are so many is because there are so many people looking to get rich quick. Nothing immoral about what they are doing. It is simply another method to make money. Some students probably do benefit, most do not because they do not have the drive to apply the information they have been provided. Difficult to have compassion for those looking to buy a short cut to success. Buyer beware.

Those who can't succeed... teach?

Erik W.

Real Estate Investor · Springfield, MO · Member since 2017 · 1k+ posts · 2k+ votes

8y

Not a fan of most "gurus." REI has been around for thousands of years, so any "secrets" are basically repackaged stuff that's been done before a million times but someone puts a new name on it. Savvy Bob's Wholesaling, The Real Estate Guru Gal, etc. Heh, there's only so many ways to do lease options, subject-to, and sandwich leasing!

Aside from tax laws and fair housing, not a whole lot has changed in REI over the past 100 years. Oh sure, indoor plumbing and electrical and all, but most REI's aren't wanting to become plumbers or electricians, or they'd go to trade school. But when they follow bad advice and pay too much they end up learning all that stuff and realize they aren't REI's....they just bought themselves very poorly paid jobs as all purpose handymen. That's what I did my first 4 years. Had to grow up and spend time and money to learn the lessons to do it the right way.

Far better than any guru is to find a local mentor who has been investing successfully in your area for 10+ years but who isn't in growth mode any longer. You and he/she are no longer in competition. Pick his/her brain and learn how they became successful. My guess is most of us will learn it is the following: "90% grind, 10% luck." The trick is getting someone interested enough to talk to you.

2 Reply

Tim G.

Rental Property Investor · San Diego, CA · Member since 2011 · 1k+ posts · 1k+ votes

8y

This thread reminds me of the importance of street smarts (Ten Crack Commandments) as an investor.

3 Reply

Ronald RohdePro Member

Attorney · Dallas, TX · Member since 2016 · 5k+ posts · 2k+ votes

8y

Glad I can avoid the masses, charge for the first hour and see who is serious about learning/working with a lawyer.

I don't blame the gurus...

3 Reply

Scott Carson

Note Investor · Austin, TX · Member since 2012 · 602 posts · 357 votes

8y

I had the good fortune to learn a lot of my nuts and bolts from a couple of investors who also taught others. By attending workshops I guarantee that it saved me months and thousands in mistakes that I avoided from real-world experience and having someone to talk too.

Now I'm not a fan of the city tours that a lot of the "gurus" are doing. Each market is completely different and what works in Detroit, wouldn't work in Anaheim and so on. You have to keep that in mind. Also, if someone has just "appeared" and hasn't closed on a lot of deals, then buyer beware.

Unfortunately, only about 10% or less of people will stick to things and follow through with stuff. People don't like being told the truth that it takes work, time, and FOCUS. It's too bad that most people don't have the dedication to stick to things. There is no get rich quick aspect of real estate. It takes time, and over time, you can build wealth.

If someone appears and has closed on just a handful of deals, they don't have the experience to teach and aren't doing enough deals. In the note space, we've seen a lot of "newbie" educators who are working full-time jobs or who aren't closing deals pop up recently. Buyer beware.

As far as coaching sales, make sure to find out how much access you will get to the person teaching. If you'll be dealing with a call center or hourly employee, avoid them! An employee can never teach an entrepreneur how to succeed.

My time is valuable and that's why leveraging videos and webinars and FREE resources is great, but you'll never hit bigger numbers until you value your time and avoid the time vampires who don't take action and only complain about a lack of deals or money.

If you have to advertise or sell with jets and Lambo's, then you are a douschepreneur and are a part of the problem. I'll gladly take my Dodge Ram and 3/2 1800 sq ft house and use the money saved and put it towards more deals or vacations. A lot of these idiots selling classes should read the Millionaire Next Door instead of being flashes in the pan.

3 Reply

Tim G.

Rental Property Investor · San Diego, CA · Member since 2011 · 1k+ posts · 1k+ votes

8y

Some really great points made here by everyone, always appreciate a good discussion.

I just had a thought and wanted to point out the biggest guru of them all. Colleges.

My generation was sold the expensive college guru package WITH easy financing. The promise of a career like our parents, easy to pay back the debt. No worries. Waste of time degrees, for profit colleges, loose lending for loans that are attached for life. That was a setup from the start. There is little difference between a student with a pile of loans and that friend who lost their *** on an investment in 05'. Only one got to clear the debt on their poor investment.

I remember being so skeptical of college and its actual value, the costs being so high it just didn't seem to pencil. I still went, I think a lot due to family pressure but paying for it myself helped me see this scam and avoid the high costs.

We come from a culture that loves to sell a dream, a something over the rainbow. Its a constantly moving goal post and mindset in the U.S. to be the biggest, the best, the most successful... with hard work. Not much emphasis on the now or asking about the why or how when the dream is being sold.

9 Reply

Mark Spritz

Investor · Los Angeles, CA · Member since 2017 · 65 posts · 21 votes

8y

Josh Stack. I think the saying is Those that can do, Those that can't Teach and Those that can't Teach, teach PE.

Anyway, Teaching always depends on the person. There will always be fakes, but there will always be those that truly want to help and teach.

I am not a Real Estate Guru, Teacher, but I was a Trainer for Software Development for a good 5 years. And I did it specifically to prove that that saying is WRONG!. Sure, I have been to many software training classes where it was obvious the trainer only knew what was in the course and was never a real software developer on a real project. But, there are many that did have experience and did have the knowledge and now they teach.

I loved teaching, my goal was to make everyone a better software developer. Why? Because I hated working with people that were terrible developers and the only way I could change that was to teach as many people as I could to be the best developers out there. And teaching was the way I could reach more people faster in a bigger way. I was making a bigger impact on the world.

Having said that, there will be people teaching Real Estate that are doing it for the money and have no real experience. There will be some teaching because they want others to be successful. There will be some teaching because it is less stressful to make their money this way than the stress of flipping or rentals.

1 Reply

Ben Leybovich

Rental Property Investor · Phoenix/Lima, Arizona/OH · Member since 2012 · 4k+ posts · 4k+ votes

8y

I just lost $30,000 on a deal gone bad. I might have been able to pay tuition to someone to save me the headache, but education is not meant to be free...

Get over it!

2 Reply

Collin Garbarino

Investor · Sugar Land, TX · Member since 2017 · 97 posts · 71 votes

8y

Sure there are lots of charlatans out there, but there are plenty of teachers who really believe in their content and really want to help people. Some people love getting in front of a crowd to do a seminar. Am I going to begrudge someone who's found a way to make money doing something they love? As long as they're doing it in good faith, who am I to judge?

Lots of people write books or create courses because they feel like they have something to say. Let them say it. Call out the charlatans as charlatans, but there's no sense in mocking all teachers.

(I suppose I ought to admit that I am a university professor; however, I actually agree with some of @Tim G.'s statements about colleges being the biggest gurus of them all. I'll just add that the teachers at colleges don't see much of the money these days.)

0 Reply

Joel OwensBusiness Member

Moderator

Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes

8y

Time is money. Great thing about BP is you can post something and thousands or more can read it at their leisure.

People that are successful are conducting business on a daily basis. Do you really think they have time to mentor thousands and thousands of people hoping to hit it rich with little to no effort? Of course they don't.

Well if someone doesn't have time what do they do? They create a SYSTEM for people to purchase and follow. Then they can make a blog post, video, do a talk show,podcast etc. where it is only 1 hour and below in time. The people that I call USERS just want free stuff and to pick your brain all the time. If they want an education they need to pay for it plain and simple.

With my model I am developing 3 options.

1. An investor buys commercial real estate through me to own 100% directly and I make a brokers commission on the transaction.

2. An investor invests with my company passively where I am the sponsor on projects.

3. They just want information and to learn the space about commercial retail. This is where they can buy material I am creating with my knowledge and years of experience and learn at their leisure.

Those are my options. If anyone doesn't fit one those 3 options it's bye,bye time. Businesses need to stay lean, profitable, focused, and efficient. My tax accountant I use for new client calls charges an upfront 300 plus fee for 1 hour time that is non-refundable . This keeps the cheapo's from trying to pick his brain and be a USER.

Not being a USER is where both parties get something of great value out of the relationship. Had a person e-mail the other day I had never talked to. They bought a property with a year left on the lease for a commercial tenant and tenant was wanting to renegotiate everything. They wanted to pick my brain with a phone call. I told them get a commercial attorney to help with amending or doing a new lease.

People that make thousands per hour for their time only have time for clients.

The guru model is the information selling business and making people buy into the system. Maybe not all are that way but it's simply selling the dream.

If people want the cold hard reality to smack them in the face read about Ted Turner, Walt Disney, etc. and how many times they failed and were told no over and over. There was no quick success and nothing was handed to them. They took a mindset to never quit. If you knock on enough doors eventually you should be able to get through one.

Have you ever heard the saying ( You want the TRUTH, you can't handle the TRUTH!) That sums up about 90% of society. Many wander aimless through life doing the bare minimum to get by. If they are told what it really takes to be successful they have a deer in the headlights look.

Podcast Guest on Show #47

NNN Invest53 Reviews

Website View Page

5 Reply

Jeff Filali

Rental Property Investor · Broken Arrow, OK · Member since 2016 · 1k+ posts · 1k+ votes

8y

I don't have a problem with anyone charging for their time or legitimate service... My problem is the majority of mentor/gurus who are preying on those newbies who cannot afford it. Many will pressure them into "just put it on your credit cards, and you can pay it off from your first deal". When they know as well as anyone the majority of people will never succeed, or it will take longer then that, and will be in a bad situation 30-60 days from now when the CC bill starts rolling in.

1 Reply

Joel OwensBusiness Member

Moderator

Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes

8y

Jeff people that have asked before a good response for some is ( Take no cash to the event and leave credit cards at home!)

Some even go as far as to freeze credit cards in the freezer. That way someone takes it out and uses it only when truly needed.

Podcast Guest on Show #47

NNN Invest53 Reviews

Website View Page

0 Reply

Tim G.

Rental Property Investor · San Diego, CA · Member since 2011 · 1k+ posts · 1k+ votes

8y

Originally posted by @Ben Leybovich:

I just lost $30,000 on a deal gone bad. I might have been able to pay tuition to someone to save me the headache, but education is not meant to be free...

Get over it!

Free education is the basis of our education system in America till 12th grade. Education should be free and the world would likely be a much better place if we as humans wanted to help educate those around us without needing anything for it.

1 Reply

Justin Stamper

Investor · Orlando, FL · Member since 2012 · 822 posts · 303 votes

8y

I’ve been offered to make educational courses by the best in the game and turned it down because I always thought the “guru” route was not my thing...but I get asked on a weekly basis if I had an educational course people could purchase or enroll in l, and it’s honestly kind of made me reconsider because I would like to help people. I don’t think there should be such a stigma behind it because nobody is forcing anybody to hand over their money and take the class, and from what I have read they have pretty good return policies if you are not satisfied with the course. I don’t know though. I’ve never sold a course or purchased one.

0 Reply

Ben Leybovich

Rental Property Investor · Phoenix/Lima, Arizona/OH · Member since 2012 · 4k+ posts · 4k+ votes

8y

Originally posted by @Tim G.:

Originally posted by @Ben Leybovich:

I just lost $30,000 on a deal gone bad. I might have been able to pay tuition to someone to save me the headache, but education is not meant to be free...

Get over it!

Free education is the basis of our education system in America till 12th grade. Education should be free and the world would likely be a much better place if we as humans wanted to help educate those around us without needing anything for it.

Hahah everything was free in Russia. Everything is free in Venezuela. I am not sure, but I don't think it's working too well...hahaha

4 Reply

Andrew Ware

Gardiner, ME · Member since 2015 · 190 posts · 177 votes

8y

@Tim Gordon wrote: Free education is the basis of our education system in America till 12th grade. Education should be free and the world would likely be a much better place if we as humans wanted to help educate those around us without needing anything for it. I really dislike this argument. You mean the K-12 where they force people to go? Don’t kid yourself that public schools are free. We pay plenty for them. The public school system is designed to pump out basically trained people who go along with the herd. You want to be great, you go find it and pay for it in one way or another on your own. I’m not trying to pick on the school system. But this idea that everything ought to be free is silly. People who teach need to be paid or they go out and do something else. I hope Josh Dorkin makes many millions in his lifetime. Should people pay gurus lots of money to learn the basics? Of course not. But those people are not buying a system to get rich. They are buying a dream. They are buying get rich easy. But if you are already having some success and can get someone to triple your business? Pay them.

5 Reply

Paul B.

Rental Property Investor · Dallas, TX · Member since 2015 · 501 posts · 504 votes

8y

Originally posted by @Eric James:

The question that comes up for me is...if someone claims they are making millions on RE, why are they teaching?

I attended one guru seminar where he flat out told the audience that over 90% of them will do nothing with the knowledge, but a few of them will bring him a deal in the coming year (based on past experience). He wasn't training competitors; he was simply building an army of wholesalers to increase his deal flow. While I don't think that particular program was worth it (this was the free intro seminar and I never attended the weekend seminar that he was pitching), I respected his transparency.

0 Reply

Paul B.

Rental Property Investor · Dallas, TX · Member since 2015 · 501 posts · 504 votes

8y

Originally posted by @Michael Guzik:

@Thomas S. I think that's one of the many problems my friend ethical shouldn't be subjective. It usually is clear cut but today's media and society likes to muddy the waters and live in the grey area. Just because others say it's okay doesn't mean it is okay that's what my dad always told me and he's right.

It's easy to say ethics should always be black and white, but who gets to decide what is right and wrong? The government? Your preacher? The Ten Commandments? Shariah law? What if someone doesn't agree with you on the ethics of a particular action?

One could make the argument that buying a house for anything less than full market value is unethical.....even though it's the lifeblood of many users on this site. I am not making that case, but certainly real estate investors and landlords can get a bad rap sometimes.

0 Reply

Gerald Peters

Investor · Huntsville, TX · Member since 2015 · 42 posts · 65 votes

8y

There is also an entertainment factor. I listen and read stuff of many real estate investors that I completely disagree with their business model but I enjoy the book, post, podcast etc. I also listen several investment/ money advice programs that I think are wrong or I don’t agree, but I still enjoy the content. I don’t own apartments but I listen and study material by several “gurus” who do. Entertainment with little nugget here and there.

1 Reply

Stephen Shelton

Debary, FL · Member since 2017 · 110 posts · 113 votes

8y

It does prey on the people who want to get rich quick, but they allow themselves to be preyed upon! Every few months I get the "gift" of free tickets to the limited seating of Flip or Flop's Tarek and Christina's live show. I have no intention of going because I have a feeling it is nothing but an infomercial with a timeshare-style sales pitch. I believe real estate is attractive to the "get rich quick" mindset because everyone is familiar with a house. You aren't trading international currencies or digital coins. You aren't buying stock in some tech company when your knowledge of tech is limited to cat videos. It's a house. It's rooms and plumbing and all that other house stuff you've interacted with your entire life. Construction is geometry not calculus. It's all familiar and not foreign like investing in annuities so it gives people a false sense of ease. So then you turn on HGTV and see someone buy a $50,000, spend a few weeks repainting, and then sell it for half a billion dollars. It's no wonder people fall for these infomercials and marketing scams.

1 Reply

Matt Judd

Apple Valley, MN · Member since 2016 · 17 posts · 1 vote

8y

Gurus are simply not needed. The BP community is full of “gurus” who earned their expertise through hard work. People’s willingness to share via this site is extraordinary. Why search for a guru? They are all right here. Thanks BP’ers!

0 Reply

Jon Wanberg

Real Estate Agent and Active Investor · Eustis, FL · Member since 2015 · 31 posts · 14 votes

8y

Most people do nothing with their college degrees either. Is that the colleges fault? You can “collapse time” by paying for education. Or you can go make all the mistakes yourself and get your education that way. Or get the free education on BP and try to figure out who knows what they are talking about and who is full of it. I read books, listen to BP podcast (and other RE podcasts), go to conferences, and pay for training. I have learned things that have saved me years of time from all of those sources. Just have an open heart and keep learning. Never buy training under pressure, and vet out the teacher/guru before you stroke a check. Some books suck. Some gurus suck. Some conferences suck. Some podcasts suck. But... some will change your life and give you one little piece of information that changes your strategy or process and saves you thousands of dollars. Don’t get an attitude towards personal development just because there are some crooks out there. Do your homework and keep learning and applying what you learn.

4 Reply

Ian WalshBusiness Member

Lender · Philadelphia, PA · Member since 2016 · 2k+ posts · 1k+ votes

8y

This statement is a generalization and is not always the case by any means. I know quite a few very successful investors that also teach. People do it for all different reasons.

2 Reply

Doug Leedy

Investor · Fort Lauderdale, FL · Member since 2013 · 75 posts · 28 votes

8y

Surely you aren't saying that education is bad. The reality is, like in everything, there is good and there is bad. But someone who goes into real estate without knowledge is cruising for disappointment if not disaster. The truth is that the vast majority of people just can't (or won't) pull the trigger if they are on their own. They need a support system and much encouragement and help. The trick is finding the right kind. It's out there, but you need to look for it.

1 Reply

Michael Guzik

OP

Real Estate Agent · San Antonio, TX · Member since 2017 · 523 posts · 362 votes

8y

@Terry Lao I agree with that brother I had the same exact gut feeling myself and maybe it was the negative nancy in me but it sounded way too good to be true.

@Omar Khan I agree man it's very surprising to me how uncommon common sense can be in real estate lol!

@Eric James The good thing about situations like that is they are the people who will sell the property at a discount just to get rid of it, which creates opportunities for others. The bad thing is that usually they try once and give up on real estate.

0 Reply

Michael Guzik

OP

Real Estate Agent · San Antonio, TX · Member since 2017 · 523 posts · 362 votes

8y

@Jay Hinrichs I agree man maybe I'm biased because I like BP but now that I think about it they have gotten very pitchy and guruish in their titles and what not. I guess they do that just to increase appeal but I definitely see where you are coming from brother.

@Erik W. I love that brother 90% work and 10% luck is so true. What really sets me off is when people call me, or others much more successful than me lucky when I know full well we worked our asses off to get where we are. They think we just happened to be in the right place at the right time, but the truth is we were doing the right thing day in and day out and working hard for so long we were bound to be at the right place at the right time. That is one of my biggest pet peeves is when lazy people call those that are dedicated lucky.

@JJ Conway I agree they will spend money on a course but not on a property that will teach them so much more and give them real world experience! In all honesty I believe you are doing it right though because you are being genuine and honest. People are not as stupid as many people believe them to be and can usually tell really quickly whether someone is genuine or not. I truly believe in the long run you will be more successful because you don't have anything to worry about you are being yourself. Eventually these gurus true colors will show or their mask will fall off and everyone will see who they really are. You don't have to live with that fear or worry. Glad to hear it and I'm happy that you are doing what you are doing!

1 Reply

Those who can't succeed... teach?

Those who can't succeed... teach?

Most Popular Reply

114 Replies