Tuesday, June 05, 2007

Real Estate Investor?

This is Part One in a Three Part series

The System



Have you ever seen one of those signs and wondered?

"We Pay CASH for Homes!"

or the latest incarnation...


"Real Estate Investor Apprentice Wanted"

Wonder how all these people could pay cash for all those homes?

Wonder why the same looking signs have popped up everywhere?

Wonder why if they have so much money, they can't afford better signs or advertising?

Wonder why if they are seeking an Apprentice - why are they driving a beat up Pinto?

I have too.

So a little over a year ago I paid good money to go to this big Real Estate shin dig in Moscone Center. It was put together by the Learning Annex. It had keynote speakers like Anthony Robbins, Robert Kiyosaki, and even The Donald.
I certainly wanted to "Learn" and why not learn from guys like that?

For three days, for twelve hours a day, I attended "class" after "class". If I remember right there were over 80 different "classes" offered. Not by the Keynote guys above, but by True Professional Real Estate Investors. These people were some of the most successful people on the planet. They had spent the early years of their life learning how to strike it rich with real estate and now wanted to give something back.

I know they were truly successful because of the expensive silk suits they wore. And then I couldn't help but notice their flashy watches. Oh and the way they talked about their last vacation. And then to verify what I already knew, they also told me they were (extremely wealthy). Each and every one of them did.

Amazingly, they were all willing to share vital information, the very same information it took them years of hard work to learn, with anyone!
Almost.

Just as long as you were one of the first 500 people to make their way to the back table and give their wonderful helpers a credit card.

Don't think of the $1,800 charge as a high price to pay for 12 CDs and a booklet. It's an investment in your future!

Time and time again, in each and every "class", with the very same speech pattern, the rush to the back was on. People of all walks of life were suddenly running for their financial lives.
Not for the door (as I might have hoped) but for the back table!
These good people would literally inundate the 20 or so wonderful helpers.


"NO... Take my Platinum Card first, I was here first!"

At times it reminded me of glorious holiday times past.
Cabbage Patch Kids, Tickle Me Elmo, and Beanie Babies have nothing on this spectacle.





Continued soon...

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2 Comments:

Anonymous Tamicka said...

love this post. I always wondered about those super seminars. 'of course' there's always a catch. I used to work with the now defunct New Century Mortgage and was on the "Close More University" tour. Same speech, different city. All to "buy my product" to make more money. I guess the real secret to success is good old fashioned hard work!

12:09 PM  
Blogger Mike said...

Thanks Tamika -
New Century - I went to plenty of those seminars! Loved Jack Davis in particular. Very entertaining.

As bad of a rap NCM is getting now, I always admired their marketing seminars and their technology. FastQual was very cutting edge at the time!

BTW: This post or today's "Seriously" has been chosen to be featured in the nationally recognized blog, The Mortgage Cicerone later this week.
http://tgalleg.typepad.com

Thanks again!

7:11 AM  

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