Has anyone actually had success with any gurus?
There are way too many RE Gurus, both "individuals," and "companies," to even attempt to list them all.
I've tried my fair share, and haven't come across one successful guru that's been able to actually help. My experiences:
- They offer teaser items that are "affordable," but then, to get the "real help," you need to be on the hook for usually +5 figures. That's not something I'm willing to risk. I may as well go try my luck in the casinos, and blow it there. I say this, because I did try a couple of 4-digit programs, and they were as much garbage as the "affordable teasers."
- They offer a lot of vague, and general advice. Usually, I find the info on sites like BP, an REI group, or such. Of course "I don't know what I don't know..." but that doesn't help with the deals.
- They claim they have resources to provide you with the funding to do the deal, and don't. Or, they have what amounts to their own transactional funding, and would take a sizable amount of the fee, charge a "monthly membership fee," and months pass, with no deal.
- They have a "give me the deal." You provide things that meet their criteria, but they hedge on it. I had one "end buyer" that didn't want a wholesale deal, because it had a swimming pool, which they didn't want, due to the insurance hassle...and they never mentioned that there were insurance risks they don't want. You would think a legit buyer would let you know something that vital, in advance.
So, I've read the stories (and experienced a few) of guru failures. I'd like to hear from anyone who has actually had success *and made money* from a "guru" they worked with.