The business of real estate is real hot these days. If you check out the news in the papers or on television you can't miss the plethora of real estate investing seminars conducted by various new age real estate gurus. Recently, an event that had Donald Trump as the chief speaker was attended by thousands of delegates - which left me wondering how a millionaire living in Vegas would know anything about buying small apartments. So, how do you separate the wheat from the chaff? I don't believe there is any purely 'bad' information being distributed in the real estate investing seminars, but I always feel you are capable of getting quality details at a cheaper cost. Here are some points to keep in mind while choosing which seminar to attend.
Some Points To Consider
The first thing to check is whether the price of the seminar is right. Be extremely wary of downright cheap or very expensive real estate investing seminars. Free or cheap ones usually have the promoter trying to sell you something like a book or videotape with his/her 'secrets' that you need to buy to help you earn money. The promoter pays thousands of dollars to hire the venue for a seminar which he may then try to recover through increased sales. If an event costs more than a thousand dollars a day, you should check if follow up events are planned or if suffecient learning material is provided.
Secondly, find out how many other delegates will be attending the real estate investing seminar. Class size of the seminar is vital as it determines the amount of interaction you will be able to have with the person holding real estate investing seminars. You should ask in advance about the class size because a small group ensures that all your questions are answered and the doubts cleared by the speaker.
Faculty Holds The Key
The next important point is the teaching ability of the master lecturer. Some speakers that give a lecture at real estate investing seminars may have lots of vital information to share but they could be quite awful at educationg others. You should read online reviews of the speaker's abilities or ask some people who had attended one of his conferences earlier and if they found him any good. You may find the results surprising enough to change your mind. There is nothing worse than hearing someone speak for hours using technical terms and jargon that you know nothing about.
The fourth point to consider is the fact that more costly is not always more informative. Some real estate investing seminars are costly because they have been widely promoted to help build up their brand. Weigh the value of the training course objectively and don't be fooled into believing that the more well known or expensive the product, the better would be it's quality.
Don't be a 'brand name' junkie, rather take a look at some of the other seminars out there that may not have commercials on television.
Is There Any Hidden Agenda?
Beware of the 'Pitch'. Usually reserved for the cheaper boot camps, the speaker goes about with his sales talk persuading you to buy related products like books, DVDs or invest in extra courses. This type of sales talk is expected at free or inexpensive real estate investment seminars but some speakers continue with their sales patter even at conferences that cost you more than a grand a day. Ask others if the speaker has been 'pitching' at the boot camp. Make sure that the real estate boot camp has an open refund policy. This is very vital and you should beware of any real estate investing seminars that do not offer this option.
Lastly, you must be serious about learning and trying your skills out. A person can't expect to lose weight without going on a diet or following a strict exercise schedule. Similarly, don't expect to make a great deal of money through investing in real estate if you are not prepared to do the hard work. In the end, it hardly matters if real estate investing seminars were for free or cost a whopping five grand. What matters is whether you actually take up the business of real estate investing or just file away the seminar material in your basement. If you are just starting out, you can do with the boot camps that cost $500 or less. Once you have a few trade secrets under your belt, you can think of investing in more real estate investing seminars to increase your knowledge and profits in the real estate business.
You can make a lot of money from real estate if you apply the techniques you have learnt in your business. The gurus at the real estate investing seminars can teach you the pitfalls to avoid or the techniques that would make your earnings take an upward swing, but only you can make the decision to get in there and stick it out. The bottom line is to 'Believe in yourself'.
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