It is universally known and accepted that the greatest potential for wealth - anywhere in the world, lies in the ability to control real estate - land and the bounties it possess have been the cause of marriage as well as mayhem - throughout world history the need for more and more territority has been the cause of wars between princes and principalities seeking to increase the wealth in their treasuries.
Today, it is said that at least 7 out of every 10 millionaires have accumulated their wealth by way of real estate. And given the historic levels of foreclosures in the real estate market today - the opportunity for real estate investors is greater than it has ever been in a very,very long time.
From the bowels of this financial debacle has emerged the carpetbaggers and self-proclaimed gurus of the real estate investment business. These "experts" promote themselves as having all the answers to getting wealthy investing in real estate. From the unlearned, and uninitiated these "gurus" make mega bucks selling investment programs on CDs,Seminars,Boothcamps and One on One Tutoring; each a step up to another level enabling these carpetbaggers to solicit even more monies from a "pumped up" audience seeking to become the next Donald Trump.
In my next blog I will discuss how these "gurus" make their millions in real estate selling the "secret" to making "millions" in Real Estate Investing - secrets which only they have.
I have always been skeptical of these get rich scheme. I wonder how many people actually make money and get "rich". These informercials make it seem so easy.I beleive it is not as easy as they claim. I cannot wait for your next discussion.
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