How Useful are House Flipping Courses

Question

There  appears to be more house flipping gurus making  tours of the country offering FREE house flipping talks at hotels  including meals and free gadgets.  This is all Advertised to be  FREE!  Has anyone gone to any of these events?  How do they fund such operation going from cities to cities with a staff of workers?  Have anyone tried the online  house flipping courses?

Matthew Paul · Answer

They are extreeeeeeemly usefull for the guy giving the course . Lines his pocket well .

Tony SanFilippo · Answer

Well It depends!

Newbies can learn some information from these events and it may even motivate them, but you must be strong and say NO to their well oiled sales pitch if you want to keep your costs down.

However,

There are some people that I have talked to that have paid the fee and said if they had not, they wouldn't be where they were today, so paying a large fee motivates some people.  If that what gets you going, maybe it is a good idea.

I have been to a few and have never went through with the training, but I have paid for some information that I know would have costed me more time or effort, like for legal contracts, websites etc.  Everyone has different strengths and weaknesses, it is wise to pay for the weakness you have, and use your strengths to your advantage.  There are many RE meetings and or meetups where you can learn a lot and help others learn for free as well.

Sara Anne Pace · Answer

I can definitely see paying under $1000 for courses  to fill in the weakness.   This seems like money well spent.  Some of these mentorship costs $50,000 !!!  Some of these these people  who spent the money have not yet  flipped a house.    One guy online wanted half of the profit you make with your money up to $250,000 for his good advice.   How many houses do you have to flip to recoup that kind of money?  My guess is that this kind of high  powered mentionship works for a few people.