April 15, 2024 | Reading Time: 5 Minutes
Remember those classic TV infomercials from the 1980s featuring Tommy Vu or Carlton Sheets? While entertaining, these were the original pioneers of ‘learn-at-home’ real estate wisdom. Admittedly, many started their education journey with Carlton Sheets’ “No Money Down” program, dipping their toe into the water before realizing they needed more substantial knowledge.
Countless investors have achieved success without relying on real estate gurus. Their aim is often to sell you the dream of quick riches. Many use slick and sometimes risky techniques to promote their expensive courses, boot camps, mentoring, and training programs (remember Trump University?). There’s no such thing as a free lunch.
Real estate gurus excel at marketing and selling you a dream. However, through resources like REI.School, along with thousands of articles and discussions on platforms you can research online, you can learn everything these gurus charge thousands for. And, you can access it all for free on our YouTube channel with expert advice from hundreds of real estate gurus, hand selected by us.
Not all gurus are bad, and some genuinely possess valuable knowledge. Still, buyer beware. Do your own research and don’t get swept up in the hype or the promise of secrets, because in reality, there aren’t any.
Despite marketing claims of magic formulas and shortcuts to wealth, success in real estate demands hard work and commitment. Coaches and programs should facilitate your journey, not promise instant success. Choosing quality coaches and programs requires diligence on the your part.
While seeking advice on forums is valuable, genuine feedback amidst criticism is crucial. Accountability drives many investors to seek coaches and mentors, but aligning your needs with the right experts is crucial.
Ultimately, your success will hinge on your commitment to utilizing resources effectively. Seek out the investors who are actively doing deals and attach yourselves to them as much as possible.
Your journey should underscore the importance of investing in education and mentorship wisely.