I have read many discussions here as well as numerous other places on the i-net about the vast array of courses offered on real estate investing. As far as I can ascertain, there are zero, nada, zilch and none that are legit. Apparently, many are (or have been) operated by an outfit in Cape Coral, Florida. One that has recently gained a lot of notoriety is Trump University. The reality, though, is that, without exception, all of these "training" programs operate exactly the same way: Free seminar, $2K seminar, $20K training, expensive mentoring. In short, no matter how hard one works, the repeatable successes just don’t exist. Further, they have cranked out so many "wholesaling robots" that you can throw a rock in any direction and hit ten of them.

The point here is this: The only way to put a halt to all of their shenanigans is to cut them off at the pass. If you haven’t already signed up for one of these programs, don’t. If you have, and feel like you’ve been ripped off, file complaints with the BBB (usually these outfits are registered in Utah), the Attorneys General in your home state as well as where they are registered, and with the Federal Trade Commission. If enough people file complaints, the agencies that are responsible for being the watchdogs will start paying attention and play "Whack-A-Mole" as soon as they pop up.

I know that some of you are thinking, "If you get sucked in, it’s your own fault!" All I can say is, these guys are very good at what they do! Further, if they actually delivered on their promises, it would be a bargain at twice the price. Unfortunately, all one is left with is a bunch of unfulfilled promises: no real knowledge, no affordable funding, no anything that can’t be had elsewhere for a lot less money, and would probably be better, more accurate information, since it would be localized.

To borrow a phrase, "Good night, and good luck!"