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Real estate "Get Rich Quick" Commercials

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Services for Real Estate Pros with Knights Investing

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The guys in the infomercials make a lot of money, but not in real estate.  They are in the business of selling books, plans, seminars, etc.  It's easier selling you those crazy schemes than it is for them to actually do what they are advocating in their programs.

If it was so easy, they would be buying real estate that way, not putting out infomercials. Those who can - DO - those who can't - teach..........

Consistently making money in real estate requires a lot of hard work and a sometimes lot of hours.  It isn't a "get rich quick" scheme, though sometimes the market turns at just the right moment and you can get lucky enough to make a quick buck. Going to the courthouse and making bids on homes you have not seen before is risky at best.

Sometimes you hear about the "late night gurus" being charged with fraud.  Those telling their "success stories" are often just actors.

Personally, I bought one of those "Get Rich Quick" items and did everything they said to do; suffice it to say I am glad the stack of books I bought was just $29.95, because it was better used in a  fireplace, if you get my meaning. Having your agent comb the local MLS for bargins is much BETTER than trying to do it yourself. Buying a property that needs a little work or is getting ready to be foreclosed on is much better than going to the courthouse steps and hearing someone out bid you by a couple hundred dollars for a home you might find out needs a LOT of work to begin to rent out.

Posted by

Alexander Harb -- PSEM®, E-Agent®

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Comments (3)

Home Design
Alpharetta, GA
Home Design and Real Estate
Hey Alexander!  This is a great post and I wish you could post it again.  I have a friend who has every 2am Get Rich in Real Estate book.  He also attends all of those "scam" conventions.  After 10 years of doing this hes not "RICH" yet....lol
Nov 12, 2006 11:27 PM