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THE QUEST BOOKSTORE
June, 2010 - We are so disappointed in the number of purported real estate investing guru's who are ripping off hopeful investors with the same information that is commonly available for reasonable prices. Because of that we have created this page to list resources that we do believe provide reliable information at reasonable prices. We urge anyone considering purchasing courses from loud-mouthed, blustery gurus to consider the following tips, and then see the reference volumes, below, that we are happy to recommend: 1. For the most part, anyone who has the time to be creating and marketing these supposedly huge and comprehensive courses has no time to research, invest in or manage real estate. And, if they can make so much money investing, why sell CDs and seminars? 2. Listen to the guru's descriptions of themselves: "Lifelong real estate investor", "Country's most successful real estate investor", "The Flip King"; etc, etc. All puffing and mostly lies. Make them prove their claims. Ask for a list of their present or past investments. They should have no problem providing what are public records anyway. 3. You can be assured that anything you buy for a very low price is going to come with an addws surprise gift...almost unlimited calls from aggressive, even nasty, sales people who are trying to sell you outrageously expensive coaching/mentoring programs...programs that purportedly contain the real material you were promised in the initial material you bought. Lately, some of these gurus have grown truly bold...They don't even give you a break on the first material, which turns out to be fluff and promotional material for the mentoring program. Here's a tip for you" Measure the length of the guru's webpage. The longer it takes to get to the bottom the more likely it is to be crap! 4. Listen to the idiot gurus speak about the value of this or that component of their course.In whose opinion??? I have seen plenty of these components available for absolutely nothing online. Of course, the fact that something is available for free does not mean it is worthless. But, it isn't worth what the gurus claim! Also, bear in mind that some of the most "innovative" money making real estate techniques have an even bigger problem...They are illegal. The newest one, "subject to" mortgages encourage an illegal fraud by the buyer and the seller. 5. Don't kid yourself: Most of those sayings and platitudes you have heard are correct: "There's no such thing as a free lunch." "Those who can, do. Those who can't, teach." "The longer, and louder, that someone claims something to be true, the more likely it isn't." "There is no such thing as a sure thing." "If it sounds to be good to be true...it IS too good to be true." Real estate success takes knowledge and hard work. Don't talk yourself in to believing that there is any "auto-pilot" system that will continually rake in cash, while you do nothing. If that were possible, we would all be wealthy!
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