- Joined
- Oct 1, 2007
- Messages
- 348
I have noticed that a lot of people are electing to seek FREE advice with respect to their "Quick Turn" real estate deals on this forum. So I just had to jump in and place this post, as I am EXTREMELY concerned that a lot of people may get themselves (including others) into a WHOLE lot of trouble!Because of my concern, I have elected to place this post in two different categories. I have placed one on the "Legal" section of this forum and one on the "Canadian Quick Turn Real Estate" section of this forum.A word of CAUTION! While FREE advice is great, it has the "potential" to put you OUT of the Real Estate business…and for GOOD!
How do you think I know this? Because I once knew a Real Estate Investor that got himself into a WHOLE heap of trouble! So much so, he ended up having to liquidate his "entire" Real Estate portfolio and go back to work! And ALL because of ONE house, and a house that I like to refer to as…The House from HELL!
The sad part about this story: if he could only have held on for another year, because the Real Estate market took off and he would have realized his dream of becoming a MULTI-MILLIONAIRE!
However, the reality is: people do tend to "gravitate" towards FREE advice.
WHY? Because it`s FREE!
Tony`s TIP: People that like to offer FREE advice, are typically NOT QUALIFIED to do so! Fact is: "Quick Turn" Real Estate investing is NOT for the INEXPERIENCED! With this in mind, it is IMPERATIVE that you take the necessary time to "EDUCATE" yourself and understand the very "BASICS" of Real Estate, BEFORE you jump into the "Quick Turn" Real Estate arena.You can make a LOT of MONEY in this business, but you can also LOSE a LOT of MONEY as well!
So...BE CAREFUL!
As I have said before…
Educate
Take Action
Educate More
Take More Action…
My recommendation, DON`T CHEAP OUT and seek FREE advice!
Be PRO-ACTIVE and "invest" a little time energy and money into your education, if not, you may very well find that it will COST you a whole lot MORE! You can educate yourself by attending seminars. These types of seminars are relatively CHEAP compared with the "REAL LIFE" seminars that you can attend! And I am not talking about the $999 variety here. What I am talking about is the "REAL LIFE" seminars that can cost you THOUSANDS of dollars, and potentially your Real Estate business!
o:Times New Roman-->So please…do NOT be CHEAP! Seek out and speak with the EXPERTS! Experts like Barry McGuire, and people that have travelled this path before. I can GUARANTEE you this, you will be GLAD that you did!NOT sure if you have obtained the required EDUCATION? Then take a step back and ask yourself this "fundamental" question: Am I CONFUSED about ANYTHING? If the answer is YES…STOP RIGHT THERE!
WHY? Because you need MORE EDUCATION! That`s WHY!
Tony`s TIP: DON`T step into the "Quick Turn" Real Estate investing minefield, NOT unless you know how to navigate yourself through it! It only takes one wrong step and you can ruin your DREAM!
Please do NOT take this post or any of my comments the wrong way, as it is NOT my intent to offend anyone. This post and my comments are intended to be…"brutally honest and tell it just the way it is!"
Be careful out there fellow REIN members!
How do you think I know this? Because I once knew a Real Estate Investor that got himself into a WHOLE heap of trouble! So much so, he ended up having to liquidate his "entire" Real Estate portfolio and go back to work! And ALL because of ONE house, and a house that I like to refer to as…The House from HELL!
The sad part about this story: if he could only have held on for another year, because the Real Estate market took off and he would have realized his dream of becoming a MULTI-MILLIONAIRE!
However, the reality is: people do tend to "gravitate" towards FREE advice.
WHY? Because it`s FREE!
Tony`s TIP: People that like to offer FREE advice, are typically NOT QUALIFIED to do so! Fact is: "Quick Turn" Real Estate investing is NOT for the INEXPERIENCED! With this in mind, it is IMPERATIVE that you take the necessary time to "EDUCATE" yourself and understand the very "BASICS" of Real Estate, BEFORE you jump into the "Quick Turn" Real Estate arena.You can make a LOT of MONEY in this business, but you can also LOSE a LOT of MONEY as well!
So...BE CAREFUL!
As I have said before…
Educate
Take Action
Educate More
Take More Action…
My recommendation, DON`T CHEAP OUT and seek FREE advice!
Be PRO-ACTIVE and "invest" a little time energy and money into your education, if not, you may very well find that it will COST you a whole lot MORE! You can educate yourself by attending seminars. These types of seminars are relatively CHEAP compared with the "REAL LIFE" seminars that you can attend! And I am not talking about the $999 variety here. What I am talking about is the "REAL LIFE" seminars that can cost you THOUSANDS of dollars, and potentially your Real Estate business!
o:Times New Roman-->So please…do NOT be CHEAP! Seek out and speak with the EXPERTS! Experts like Barry McGuire, and people that have travelled this path before. I can GUARANTEE you this, you will be GLAD that you did!NOT sure if you have obtained the required EDUCATION? Then take a step back and ask yourself this "fundamental" question: Am I CONFUSED about ANYTHING? If the answer is YES…STOP RIGHT THERE!
WHY? Because you need MORE EDUCATION! That`s WHY!
Tony`s TIP: DON`T step into the "Quick Turn" Real Estate investing minefield, NOT unless you know how to navigate yourself through it! It only takes one wrong step and you can ruin your DREAM!
Please do NOT take this post or any of my comments the wrong way, as it is NOT my intent to offend anyone. This post and my comments are intended to be…"brutally honest and tell it just the way it is!"
Be careful out there fellow REIN members!