Saturday, November 23, 2013

ScamsGalore - Reviews of the Major Real Estate Gurus

A new website, www.scamsgalore.com, has taken on the formidable task of researching the major real estate "gurus" and providing accurate reviews of their offerings. Unlike many review sites, these reviews were put together from information gleaned from reliable sources like the FTC and BBB, as well as a thorough study of the various offers being promoted.

Some of the reviews are eye-opening, and produced some unexpected results. For example, the Carlton Sheets real estate course ranked in the top 5, while the current "king ", Armando Montelongo seminars, ranked near the bottom. Another surprise is the rank that the Ron LeGrand Gold Club managed to eke out.

By and large, most of the better known gurus did not fare well at all. The very fact that they are "infomercial gurus" and host seminars and boot camps helps explain why - such tactics are designed not to teach, but to sell. And when the focus of anyone offering to teach anything becomes the selling of their own products and services rather than teaching, then you end up with garbage.

There are good courses that teach real estate investing, such as "The Simple Man's Guide to Real Estate."  This is a program that, offered on a non-profit basis, has but one focus - teaching people how to invest in real estate. And it is the only real estate course that provides free coaching - they have solicited the help of actual, successful investors to volunteer their services to help others learn the secrets of investing.

And there is another difference - "The Simple Man's Guide to Real Estate" is low cost, and has maintained an A+ rating at the Better Business Bureau for nearly 20 years, even though they are not ":accredited" (dues paying members). They chose not to be dues paying members in order to avoid any possibility that the BBB would give them a top rating just to keep the dues coming in each year. In other words, their A+ rating is not bought and paid for.

All in all, it is up to each individual looking to learn real estate investing to do their due diligence. Sites like www.scamsgalore.com help folks to do just that.

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Monday, October 7, 2013

Armando Montelongo Scam Review

There is a new website in town that is dedicated to exposing the real estate gurus who are scammers, and revealing those that are not. The Armando Montelongo Scam Review, and the Carlton Sheets Scam Review are just two examples (do you know which one rates 3.5 stars and which rates only one star? And why?) For anyone wanting to do their due diligence before investing bucks into any real estate investing course, ScamsGalore is the place to drop by.

I have been exposing the scammers for a long time - over 15 years. And of the  gurus I exposed as scammers, the following have all since been busted by the Feds or state Attorneys General for being scam artists:
  • Dave DelDotto
  • Tom Vu
  • Wade Cook
  • Russ Dalbey
  • John Alexander
  • John Beck
Russ Whitney and Armando Montelongo have both been targeted by the authorities and forced  to agree to certain stipulations and standards. At ScamsGalore.com you can find out who I think just might be next on the Feds' "watch list".

Saturday, October 5, 2013

Google's New Algorithym Renders Google Useless

Google has once again changed their algorithym used to produce search results. The previous changes made Google Search almost useless, but this one renders it completely useless. In many instances a search turns up completely irrelevant sites, leaving the sites you are looking for out on page 3 or 4, where no one will find them.

I believe there is an insidious, greedy purpose to this - Google is trying to force businesses to use Adwords, their pay-per-click service.By moving legitimate businesses out of the search, those businesses must now pay Google to get listed, or they just do not show up where folks can find them.

Google is arrogant enough to think they can get away with this - and maybe they can, since so many people use Google automatically, without THINKING. But it will cost them users. More and more people who bother to THINK, and try something else, are finding much better, and more relevant search results from services like BING.

I use Bing now, exclusively. That's because I like to find what I am looking for. Perhaps you should give it a shot - run a search for something you are seeking on both Google and Bing, and see which one delivers the best results.






Sunday, August 11, 2013

Investing In Foreclosures - A Primer

There is far too much to investing in foreclosures to include it in a simple post, but the basics can be outlined.

First - a foreclosure may not be what it seems. In many cases, the owner has either let maintenance slide (due to inability to afford repairs), or he may have even purposely sabotaged the home out of anger. In any case, before investing in a foreclosure, do your due diligence and check it out thoroughly. Estimate repair cost - then add 25% to cover the unforeseen problems.

Second - upon buying a foreclosure the very first thing you should do is secure the property. Never leave it untended, even for a day. Vandals - or even the previous owner - may damage it further. Board it up and keep it boarded up until the renovations are completed. There are malicious people everywhere. Trust me.

There are three phases to any foreclosure proceeding, and as an investor you can purchase the property in any of those phases. Please note that many people - even the so-called "infomercial experts" get these phases mixed up. So here they are, in plain English:

When a property owner defaults, usually three or more payments, the lender will send the owner a notice of intent to take legal action if the arrears are not paid immediately. This phase is PREFORECLOSURE. The property is not yet in foreclosure.

The second phase is when the lender has obtained the legal right to proceed and property actually goes up for auction. This is FORECLOSURE. At the auction, the lender will start the bidding with a bid equal to the amount owed plus late fees and legal costs. Whoever is the highest bidder gets the property.

The final phase occurs only if the lender is the only bidder (or the highest bidder) and the lender takes ownership of the property. At this point it is no longer a foreclosure - it is an REO - Real Estate Owned. The bank and its Realtor may still call it a foreclosure, but technically it is no longer such.

In Phase 1 the investor can approach the owner with a plan to salvage the seller's credit and provide him with some walking money, so he can rent another place. But before making any offer, do your homework - there may be tax liens, IRS liens, mechanics liens. Check for liens, and do a title search. Bear in mind - if you purchase in this phase, you will be required to pay the arrears, late fees and legal costs of the lender, so do not offer to pay too much for the property or you could end up with an "alligator".

In Phase 2 you may purchase by being the highest bidder at the auction. The same rule holds - do your homework on liens etc., and know what repairs will be needed.

In Phase 3, the lender is trying to dump the property and may entertain offers that provide opportunity for an investor. Banks are limited as to how much property they can legally hold. When they approach their limit, they MUST sell. Bear in mind, too, that lenders are not in the business of maintaining properties. They know if it does not sell quickly, it will either cost them money to maintain, or it will begin to fall apart and be subject to vandalism. So the lender may very well welcome yout offer, even if it is "creative" (but not too creative)!

Again, these are just a few of the basics. For more complete information, and strategies for investing in foreclosures (including "no cash" methods) refer to "The Simple Man's Guide to Real Estate" in the Bonus Books section.

Saturday, August 10, 2013

New Real Estate Blog

There are a few new real estate investing blogs I would like to make you aware of. They are as follows:

Become A Real Estate Investor

Real Estate Investing 101

Real Estate Investing for Beginners

These blogs promise to make it easier for newbies to get started in real estate, while watching out for the pitfalls
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Friday, July 26, 2013

Exclusive Real Estate Coaching Offer from Bill Vaughn

Hello, loyal readers! I would like to take a few moments to fill you in on a new offering for beginning wealth builders.

I am currently offering DEDICATED and exclusive real estate coaching by both telephone and email to a select few (50) individuals. Only serious players need apply for this special service - with only 50 openings available, it would be a waste to put time into folks who are not all that serious. I am a serious coach, and I am looking for serious students. And I am the best in the business!

The service is very affordable, and very exclusive. Not only do players get to consult with me by both phone and email, but they get my personal and private cellphone number, and can call me at their convenience. No other real estate mentor - none - offers such personal and dedicated service.

I will be blunt - IntelliBiz has good mentors available, and they are free to all students. But they are not me, and I am simply the best in the business! I have personally coached over 18,000 people throughout North America - more than any other five coaches, combined. Investing since before many of today's coaches were even born, my credentials as an investor and a mentor are without equal.

If you or someone you know has a real hankering to really make good in real estate investing, and you want the security of having only the best on your team, check out my real estate coaching offer. But don't tarry - it won't take long to fill 50 openings.

Now that I have that shameless self-promotion out of the way, I would like to thank all of our students for making IntelliBiz and "The Simple Man's Guide to Real Estate" the huge success that it has become. We recently broke the "250,000 students" ceiling, and we finally have students in 20 countries. And we have celebrated our 24th Anniversary.

We have come a long way - thanks to all of you.

God Bless (can I still say that in America?)

Bill

Thursday, July 25, 2013

Investing In Real Estate - A Primer

I mentioned earlier that we were putting together a new real estate investing blog. I am happy to report that the first post for "Creative Real Estate Investors - UnChained" is now live. The first post is a brief primer on investing in real estate, to help the "newbie" build confidence.

This new blog is intended to be a "2 way" blog, where visitors can contribute. You can submit comments (no spam, please), success stories, even suggestions you may want to share with others. We will be adding widgets that permit such things. You will also be encouraged to tell everyone a little about yourself - it's not Facebook or anything, but what we are attempting to do is build a community of like-minded people interested in real estate investing all of whom hopefully become friends.

So, give us a look see, submit your comments and please visit regularly - we will try to make it worth your while. And feel free to suggest stories, ideas etc.

Later!

Bill

Friday, July 19, 2013

So Much Misinformation On Real Estate Investing

It never ceases to amaze me - how so many self-professed "experts" post articles, blogs and even news stories on the topic of real estate which have no basis in facts. Amazing!

Bankrate, for example, posted an article for MSN. In it they claim "no money down" investing is a fantasy, and flipping is hard work.

WRONG, on both counts. Having been an investor since before most of these "experts" were even born, I can state unequivically that a) "No Down Payment strategies not only exist in the real world, but are used daily, and b) flipping can be the easiest method of investing. I must assume by their ignorance that they think the only "flipping" is with properties that need rehabbing. But truth be told, you can flip ANY property, often within a couple of weeks and without anything involving labor.

Then another "expert" writing for WiseGeek is telling folks that a simultaneous closing involves a seller writing a note for his property, and selling both the property and the note, or some such insanity. Having done numerous simultaneous closings (aka double escrow), I had no clue what that not-so-wise geek was pimping. A simultaneous close is when you buy and resell a property either at the same closing, or at least on the same date.

I have read articles by "experts" that state unequivically that the double escrow is illegal. So TOTALLY wrong! Not only is it not illegal, it cannot be made illegal. What is illegal is the fraud that so often was perpetrated by using a double escrow. Unscrupulous investors, working with crooked appraisers and greedy bankers would get the appraiser to over-value a property, to increase profits. So, HUD steps in and makes a policy (not a law - HUD cannot make law. Only Congress can) that any bank issuing a government insured mortgage (HUD/FHA/VA) must insert a seasoning clause, meaning a seller must own the property for at least 6 months before selling. But even then, waivers can be granted as long as you can show the property is worth what you are asking. And again, banks are only required to insert the seasoning clause on HUD/FHA/VA  insured mortgages.

And guess what? One of the people saying double escrows are illegal is an attorney! I question how he could possibly pass the bar. But fully half of all Realtors also believe that nonsense, as do many Title companies (which are usually attorneys).

I know, I do not ordinarily go off on a rant like this, but real estate investing is my passion. I love it. I am good at it. Been doing it for 44 years and teaching it for 24 years. And it just ticks me off when these charlatans - including the late-night hucksters pimping their seminars - damage the reputation of investing with the garbage they spout. Some, like the writer for Bankrate on MSN simply discourage people from trying, which should be a crime in itself. Others, like the "infomercial gurus" just pick people's pockets. One woman wrote me just today (which got me on this tirade) that she attended the Kiyosaki "Rich Dad" seminars and got soaked for $57,000 and received nothing of value in return. And while I am not as upset as she must be, it still pisses me off!

I teach ETHICAL real estate investing. And I am good at it. And when I see so many unethical clowns and morons posing as experts, it gets me hoppin'.

Normally, I am pretty easy going. My wife says I must be the "separated at birth twin" of Phil Robertson (Duck Dynasty) - easy going, and "happy, happy, happy."

But not so much when I get letters from folks who got ripped off by hucksters and cons professing to be in the same profession as myself. They are not!

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Wednesday, July 17, 2013

Stop Foreclosure - A How-To Guide

If you are facing foreclosure, you should leave no stone unturned to stop it, as it will trash your credit for 10 long years, and you may not be able to find decent housing - not even a rental - with poor credit.


Believe it or not, there are several things you can do to try and stop a foreclosure. Lenders often make certain concessions (though they will not advertise it). Go here for a detailed list of some concession lenders may make. That leads to yet another page with more suggestions on how to avoid foreclosure.   It is easier to get concessions from a lender if you do not wait until you are far in arrears, and if you keep in communication with them - do not leave them in the dark as to your situation - if you do, they will assume the worst, and that will result in nothing but bad news for you.   I hope these suggestions help - and I hope you share this with everyone in your circles. Even those who do not need it themselves may very well know others who do. So please, pass it on. It's free!   /

Tuesday, July 16, 2013

No Down Payment? No Problem - Tip For Buying A Home Without Cash

OK, so I get a lot of folks asking how they can buy a home of their own when they lack sufficient cash for a down payment. "The Simple Man's Guide to Real Estate" covers several methods in detail, and I will toss one of them out here. Condensed, of course, because this is a blog post, not a book.

Look for a suitable home that is currently a rental property, or is vacant. In such cases you can assume the owner already has another home, so there is a good chance he does not need a pile of cash that might cause problems with his tax rate.

Offer the owner a Contract for Deed (provided he does not have a mortgage with a due-on-sale clause).  Agree to make monthly payments equal to what your mortgage payment (less taxes & insurance) would be when you refinance to pay off the seller. Of course, you would also pay the taxes and insurance during the term. The term would be long renough to provide a 20% down payment, to avoid having to pay PMI (private mortgage insurance).

Your monthly payment is applied to the purchase price. Once you have built up payments equal to 20%, you would then seek a mortgage from a bank to pay off the seller. You would already have paid 20% down payment.

Example: home is worth $150,000.  Since you will owe $120,000 after making a down payment of $30,000, you would atgree to pay the seller at least $644.19 per month, plus all property taxes and insurance. That is the mortgage payment on $120,000 at 5% interest. I say "at least" because the more you pay now, the sooner you will have your down payment.

At $644 per month, it would take 46.6 months to make your down payment - just under 4 years. At that time you would get a mortgage from a bank and your monthly payment would remain the same. If you pay $1000/month, your down payment would be made in 2.5 years and when you get a mortgage, your payment would drop to $644.19 per month.

Pretty simple, really. And to think it is only one method of many...Don't forget to pass this on to everyone you know.

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It Appears Google Has Solved It's Issues

We are once again able to post to our blog - Google has worked out its issues, I guess.

Stay tuned - we will be posting a lot of helpful real estate info, particularly on investing.

We do still plan on creating a new, privately hosted blog that will be far superior, with a responsive format (it will self-adjust to whatever device is viewing it). It will cover all aspects of successful living, not just real estate (though that will still be the backbone of the blog). We'll keep you posted...

Bill

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Thursday, July 4, 2013

Rich Dad, Poor Dad, Bankrupt Dad

It's old news, really - Rich Global, a corporate arm of Robert T Kiyosaki filed bankruptcy. I am not surprised. I read his first book (Rich Dad, Poor Dad) years ago and found it full of misinformation, suggestions of illegal acts (insider trading) wrong ideas as to what is tax deductible, illegal tax treatment of income derived from real estate, and even a few outright, proveable lies.

One of his biggest deceptions was telling everyone there really was a rich dad and a poor dad, and that this was an honest bio. We later discovered that was all a lie, and he has since had to have his books labeled as fiction. Another fiction - his first book claimed he owned tons of real estate, but records showed only two - a modest home purchased before he published his book, and a much more luxurious home purchased after his book sales took off.

I gotta tell ya - I have a real problem with anyone who uses deception to get money from others. Armando Montelongo does it, as I proved before. John Beck's real estate course, as well as John Alexander's were proved to be scams when they lost their lawsuit with the FTC. And Russ Dalbey is being sued by the state of Colorado and the FTC.

It's one thing to offer a substandard product. It is something else again to use deceit to market it.

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Monday, July 1, 2013

Make The Most Of Your Biggest Asset

Show me any piece of real estate and I will show you ways to make it pay off bigger and better. I don't care if it's a swamp - if there is land, there is huge potential for filling your pockets with Benjamins.

I have been investing in real estate for 44 years, and if there is one thing I have learned it is how to pump maximum profits even from what appears to be a dry well. And you can do the same. All you need is to think - and look - outside the box, under the box and, yes, even inside, under the flaps.

Let me show you what I mean.

About 30 years ago a fellow bought a 6 unit apartment building for $84,000 (remember, this was 30 years ago!). Four years later a local airport built a new runway that had low-flying planes passing directly over the building. The noise was too much for the tenants and they left, one by one. Unable to get new tenants, he put the place up for sale. But for the same reason he could not get tenants, neither could he find a buyer.

Cutting his losses, he begrudgingly accepted my all-cash offer of $38,500. He must have thought I was a lunatic. It wasn't long, however, before he was kicking himself - hard!

I immediately brought in contractors to set up all 6 units with all the "bells and whistles" (no pun intended) to make each apartment a dream home - for the hearing impaired. Instead of doorbells, it was door lights. Get the picture? Within a few months I had 6 great, permanent tenants (where else could they get such a place suited to their disability?) And once it was full tenancy, I resold the property for nearly three times what I paid for it, upgrades and all.

And in Wilmington, MA, one of my students ran across a lot where the house had burned, was condemned and torn down. And it was on Silver Lake. A beautiful spot. Unfortunately, the lot was substandard according to the local authorities - it was too small a piece to build on. So, the owner was stuck with it.

I advised my student to offer $45,000 or so for the lot. He managed to get it under contract for $48,000. Bear in mind, at that time any buildable lot on the lake was worth at least $70,000. But this lot supposedly was not buildable. But the local authorities were wrong.

Since there had been a house on the lot previously, Massachussetts law allowed for "grand-fathering" as long as any new building was built in exactly the same spot and size as the old. Since the old foundation was still visible, it would be easy for a builder to build a beautiful new home with a view of the lake.

On the very same day my student "bought" the property for $48,000 without putting up a dime of his own (his own buyer's money was used in a double escrow), he also SOLD it to a local building contractor for $64,500 with the buyer paying all closing costs. My student pocketed a neat $16,500 for one days work. Not bad. That was a profit that would never have been made if not for taking a closer look, doing a little research and, of course, having me as a coach. Feel free to check out the Hall of Record documents from Lowell County Courthouse to see for yourself.

So, how can you profit from your own piece of this granite planet?

If you have a nice barn, could it be renovated and leased out as a studio, workshop of even rental home? If you have acreage with a lot of trees, could you responsibly harvest some trees on a regular basis for lumber, or even cordwood? Even a small plot located near an urban area could be divided into "community gardens" where urbanites could raise some of their own crops - for a fee.

For every piece of property on this planet, there is a way to pump cash out of it. Look around. Think, Ask yourself how this or that could be used. Do you have an area for camp sites? And what about that old abandoned car dealership - plenty of parking, naturally, along with a large building space that could easily be converted into small boutiques and shops. A mini-mall.

A friend of mine once bought an abandoned parking garage and turned it into a multi-level club. Built-in parking, plenty of flat floor space for dancing...I think he named it "Flat Street". Another friend bough a bunch of storage units, then rented them out to people starting their own businesses - an upholsterer, auto detailer, woodworker...

Start small if you need to. But if you already have real estate, start now. If you do not have property, go get some - I can teach you how. I have taught thousands of others. You could start by checking out my real estate investing course. It doesn't hurt to look. And who knows - maybe that "white elephant" property in your community can be turned into a money machine for you.

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Sunday, June 16, 2013

Than Merrill - From Football Pro to Real Estate Guru?

I guess even ex-football players need to make a living, and Than Merrill is no different. After washing out as a football pro, Than snagged a spot with A&E's "Flip This House", a spot once held by Armando Montelongo. So, it only stands to reason that Mr. Merrill would also launch his own real estate investing course and seminars.

But all is not "happy, happy, happy" for Than's students, as many complaints have been aired online, and while the Better Business Bureau gives him a rating of "A", they have also issued a warning about his seminar.

You can go to real-estate-made-easy.com for an accurate Than Merrill review.

I like Than - our real estate guru review site ranks him #3 out of the Top 20 most popular gurus. But it is always a warning that folks should heed when any "guru" offers a seminar - seminars have only one purpose - to draw you into spending more money - a LOT more!

IntelliBiz does not host seminars. It simply publishes the best, no-nonsense real estate investing course available, complete with free mentoring - all for under $100. No monthly fees or hidden charges.

And it has a BBB rating of "A+" (and no BBB warnings).

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Monday, June 3, 2013

Pick Up The Phone And Call Your Guru, Personally?

Are you paying big bucks to be "mentored" in your real estate career? Or do you plan to? If the answer is yes, can you just pick up the phone and call the "guru", himself, personally?

I don't think so. Students cannot ring up Armando Montelongo on his personal cellphone. Nor can they call up Than Merrill, Carleton Sheets or Dave Lindahl and talk to them, personally. But there is one "guru" who makes time, personally for students - Bill Vaughn, creator of "The Simple Man's Guide to Real Estate Investing" course.

Fot the novice, mentoring is crucial for success in real estate investing. But not just any mentoring - the consulting must be with a true, practicing professional investor. And Bill's students are all offered the option of being able to give him a ring on his personal cellphone each and every week if they choose. And the student will be speaking with Bill, not some trained telephone operator. And it is not a "group" call, either - it is one-on-one, just the student and Bill.

No other real estate guru makes such a personal sacrifice of time to help assure the success of his students. In fact, most of the "gurus" hire out their mentoring to a third party such as Mentoring of America, a company that he Federal Trade Commission (FTC) has filed a case against with the US District Court for the Central District of California on fourteen (14) counts of deceptive or unfair acts and practices.  Such third party companies rarely, if ever, utilize actual investors, let alone the opportunity to talk directly with the guru, himself.

If you already have a "mentor" that you paid big bucks for, I wish you all the luck. If you do not yet have a mentor, choose carefully. As is true about many things in life, not everything is as it appears. Just because a "guru" has high visibility, that does not mean you will get his personal assistance.  Only "The Simple Man's Guide to Real Estate Investing" offers that - and it won't cost you an arm and a leg.


Thursday, May 16, 2013

Surviving In A World Of BIG Business

Until the internet became the new media, it was nearly impossible for a small business to compete with big competitors who could keep him down by using their marketing bucks. For a while, the internet changed that, and micro businesses cropped up everywhere. It seemed as though the playing field had been leveled, allowing the "little guy" an even chance at attracting customers.

But that did not last long - it never does. It was ordained that big business would figure a way to use the internet to again drown out the little guy - and The Big Search Engine (you know which one - we do not use the name because they would "punish" us again) is helping them do just that.

As the power of The Big Search Engine grew, they decided to make things difficult for small business, and showed a penchant for favoring the big guys - the ones with a lot of advertising capital available. By changing their algorithm periodically, they effectly prevent the little guy from keeping his or her well-earned page rank. A site that is in the top 3 on page one today could be shot down to page 100 overnight - or even de-indexed altogether.

But notice the big boys keep their rankings - money talks!

Take one of our sites, for example, which reviews Armando Montelongo. A few months ago we were in the top 3 on page one, but Mr. Montelongo's money (he earns millions a year, where we are a non-profit) allows him to push our site off page 1 by creating multiple sites of his own. Again, the money of big business is used to squelch the smaller ones. It makes no difference to The Big Search Engine that our real estate investing program is far superior. Nor do they care that we hold an A+ rating at the Better Business Bureau as opposed to the very poor rating of Montelongo's numerous company names. Nor do they care that the Armando Montelongo scam is berated by the Better Business Bureau - the BBB even posts warning about it.

In fact, The Big Search Engine has actively PREVENTED us, and others like us, from using their paid advertising. We used to pay them to get a sponsored listing on Page 1, but when the big money boys like Armando Montelongo, Carlton Sheets etc. complained, The Big Search Engine removed those sponsored ads by the small competitors like us, and no longer allow us to advertise at all.

So, thanks to a conspiracy between The Greedy Big Search Engine and greedy big businesses, us little guys once again are getting pushed out.

And unfortunately for those our program can help, it appears the only way we will be able to continue to help is to charge a lot more for our course, so we can fund a fight to get ranked. It is a shame that the customer should be the loser, but when big money talks, that's what happens.

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Tuesday, February 5, 2013

Investing In Real Estate

Just about everyone understands that investing in real estate is the best, and sometimes only road, to wealth for the average Joe. Nothing has made more millionaires than real estate. Nothing! However, without the right know-how, and a professional coach to help, the average Joe does not have much of a chance at success.

There are countless real estate "infomercial gurus" out there, like Armando Montelongo, Carlton Sheets and many others, but none of those provide the real knowledge or training necessary, yet each of those charges many thousands for their "help". In fact, most are considered scams by legitimate sources such as the Better Business Bureau (which actually posted a page on what they suggest is the Armando Montelongo scam).

There is real estate investing course that is different - and effective. Unlike all the others, it is not offered on TV infomercials, nor does it require any expensive add-ons. It comes 100% complete, including FREE real estate coaching by a professional investor - and because it is offered by a Christian non-profit, the entire package costs less than $50. And it was developed by a real, professional investor (Bil Vaughn), the man who created the "Reverse Mortgage" in 1985 which was later adopted by the Department Of Housing & Urban Development in 1987.

The course of which I speak is "The Simple Man's Guide to Real Estate", published by IntelliBiz. It is simple, effective and the best such program on the market at any price.

Real estate investing is not rocket science - but it does require know-how, effort and a helping hand. Only "The Simple Man's Guide to Real Estate" provides all three.