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Alejandro Barreto (RE/MAX IN TOWN)

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Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

They want to be rich YESTERDAY.

Jul 19, 2018 09:35 PM
Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

How much can you do? I'd focus on my business first.

Mar 03, 2018 08:18 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Everyone has a dream. 

Everyone wants financial Independence.

and those folks on TV make it seem so EASY!

And....now here is what makes is REALLY believable, is in these seminars, they are taught that the key player on the team was to find a chump real estate agent to do the leg work for them. THEY WILL WORK FOR NOTHING! And so agents are graveling, pleading, giving away the farm for the hope of a transaction...that for those who own these investor events...a perfect storm exists.

Unfortunately for 99.7% of those attending the seminar, the profit has already been made. The money went from their pocket to the event owner. 

For the .03 percent with vision, they are teachable and malleable and understand what a real win/win looks like and hopefully the real estate professional the connect with knows enough to keep this visionary inspired and accountable.

Mar 10, 2015 08:16 AM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am sure there is some value in all of these programs, I have met plenty of wealthy people who have made it all through RE investing.

Dec 07, 2019 10:57 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

People will always flock to the get rich quick schemes.

Jun 02, 2018 05:32 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It is THE business - and they know how to make consumers feel interested in it.

Mar 09, 2018 11:08 PM
Rainmaker
938,537
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Alejandro, in my opinion many people watch the TV shows and conclude how easy it is to make money and they may not realize how they are going to be hit by the hard sell.  As long as people want to get rich these type of seminars will always be with us.

Mar 13, 2015 01:23 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I have recently been contacted by numerous people who want property that needs little repairs that they could buy at wholesale and sell quickly. I do nothing but investment property but don't take these folks on. Yes they can be well meaning but they typically are going to use hard money and that nails them since that can be had pretty easily. If they have bank backing I may listen, but with low inventory I let them know that I don't have the time to look at 50 houses with the hope they will get one.

Mar 11, 2015 10:54 PM
Rainmaker
870,537
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

I have done my share in helping newbie investors not fall prey to these fly by night gurus.  Most often its too late, they already started the downslide.  Its unfortunate that people get sucked into these schemes that only helps Guru's cashflow

Mar 11, 2015 08:39 PM
Rainer
3,400
Stephen Foster
San Antonio, TX

I've sued a couple, does that count?  

Mar 11, 2015 02:31 PM
Rainmaker
953,617
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I agree that more needs to be done about this and I'm on board.

Mar 10, 2015 07:29 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

A client of mine went to a Donald Trump sponsored course on house flipping, he spent $25,000 and it was a total waste, as this man had no clue what her was doing. 

Mar 10, 2015 09:53 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think it has to do with not breeaking the law.  I saw one where people doled out 10's of thousands of dollars.  Nothing but a scam.

Mar 10, 2015 09:33 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Alejandro,

You should see the latest one I got.  The couple on HGTV (Flip or Flop) that do the flipping, are giving away 100 iPads for the first 100 callers , a free MP3 PlYER, A FREE CD ROM FEATURING 50 ways to find your next flip in Santa Barbara.  Free access to pre-auction inventory, up to $500,000 in pre-approved real estate funding...somewhere there is a catch?

Mar 10, 2015 08:53 AM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

It seems tht they get the hard sell and it's hard to convince them otherwise, until it's too late.

Mar 10, 2015 08:04 AM
Rainmaker
4,572,123
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Alejandro -- without knowing specifics, all I care to say is caveat emptor.

Mar 10, 2015 07:49 AM