Question about real estate gurus?

[Sportsrmylife]

Has anyone made money from any of these late night real estate pros? I am talking about John Beck, Russ Whitney, Charlton Sheets, Robert Kiroski (?) or the one about selling notes? I find some of this stuff interesting and yet I wonder how difficult it is.

Has anyone tried these programs and what are your conclusions? Thanks

 

[Fishhead]

KYHAWK has tried them all........hopefully he will answer.

 

[Sportsrmylife]

Great can't wait to hear what he has to say about these guys!!!!

 

[Sportsrmylife]

I am bumping this in case someone has any info. Thanks

 

[Christian]

most of carlton sheet's stuff is very outdated. his techniques don't work nowadays.

he made his money decades ago. even though he updates his infomercial every year, the info he sells isn't as relevant as it was, say, 20 years ago.

 

[Christian]

oh, i should add, if you're looking to get into the u.s. housing market, you're a few years too late!

now is not the time to be getting into the u.s. market.

 

[SSI]

more than likely, you will tumble ----like a house of cards, listening to these guys..

now is the time to start buying rental property..... housing market slows, rental business booms..

 

[Sportsrmylife]

oh, i should add, if you're looking to get into the u.s. housing market, you're a few years too late!

now is not the time to be getting into the u.s. market.

I am thinking from a contrarion standpoint. With rates increasing I feel that in the next 5 years there are going to be many foreclosures as the ecomony might take a slight downward tilt which is going to mean that more people are looking for rentals after they move out of their homes. I am very green in real estate and was looking for someway of getting some information about how to get started. I always see these guys on when I am watching the west coast games and just wanted some information about them.

SSI...I totally agree with your thinking and want to capitalize on this now and get some groundwork down so that I can make some money when the renters start coming. :money8: :money8: :money8:

 

[SSI]

sports: funny thing, i talked with a retired real-estate agent today, the guy is rich and collects vintage cars.. He is always trying to get me to buy an old car and restore it, he says that i cant lose money on that...

Today i asked him, ive got some cash on hand, "should i buy and old car or buy a peice of rental property".. he said, you can never go wrong with real estate.. and this is coming from a guy, who constantly tries to get my to buy an older car..

He said, we are not in a "buyers market" yet but its coming.......

you are dead on, with your comments... Adjustable rate loans --will cause many foreclosure and the rich (or the one's able to) will be there to snap up the bargains...

another wise man said (now you may want to pay attention to this), he said: id rather have 10 properties paid for, as 150 properties leveraged to the max..

 

[Sportsrmylife]

SSI...good info. I am seeing more and more rentals, duplexs and apartment buildings going up all the time. These are going to be absolute gold mines when rates keep rising and you start grabbing foreclosed homes!!!

Know anywhere where I can learn some good info about foreclosures? Thanks man

 

[SSI]

sorry i dont...... i do know -- it can be very tricky, buying at courthouse steps... back taxes, will be owed and must be announced..

 

[DennyCrane+]

Rentals will be huge. Actually I am surprised they havent gone up with the market. Rents have stayed basically the same since the boom but hoping that will change soon.

 

[CHUGG]

Az housing market

I live in Az and I get foreclosures for investors and also provide the financing. It has worked out well for the investors even with todays market. Arizona is always a hot market.

 

[Sportsrmylife]

I live in Az and I get foreclosures for investors and also provide the financing. It has worked out well for the investors even with todays market. Arizona is always a hot market.

So you simply look for the foreclosures and then pass them off to your investors? Do you charge a % or a flat fee? I have been thinking of doing this on fixer uppers for some start up cash. Find a house with potential, flip it and take a nice pay day without the rehab work.

Do you do this full time now chuggs?