With housing on the rise, many people have been trying to think of ways how to make money out of flipping houses and selling them for profitable gains. Yet, because of lack of, or little knowledge, we sometimes would venture into attending seminars where we can learn more about how this kind of business works, and we hope real estate gurus would be generous to show us how they made money out of what we can do we our properties and make them saleable.
However, we need to be cautious as there have been reports of seminars that turned out to be a rip off instead of teaching us the right way to make wealth with our real estate business. So how do we know if the seminar we plan on coming to is real or just hype. Here are some tips:
Be wary of seminars who introduce a free class but are actually focused on upselling. They are those would usually say that the course is introductory yet, you end up listening to them talking merits of their advance courses. They would later on make you sign up to pay for the next class before you leave the first one.
Some other would introduce a celebrity connection but when you get there, the celebrity will not even show up in the seminar and if they do, they will only have very little participation in the course. In connection with this, they would also promise some kind of a get rich quick in real estate, giving only very little or not even explaining that making money in real estate takes a while.
Make sure you also do background check on the 'would be' speakers as advertised by these seminars. According to Ed Magedson of ripoffreport.com we need to, "Ask for the names of two or three people in your county who can talk about how they've used the advice in your local market."
With the guidance of Better Business Bureau, it's a rule for reputable companies to give a money back guarantee, so do consider that as well and good luck with your real estate business!
