Feedback requested on Ron Legrand seminars

[Sherilynn]

Greetings.
I have a question for anyone that attended Ron Legrand`s QuickTurn event.
Did you find that you learned enough at the seminar to proceed on your own? Or did you feel that you needed further instruction?
I am always leery of new gurus because some seminars (like "Rich Dad") are primarily designed to lure you into "advanced classes." You know the saying, one rotten apple...
I would appreciate all feedback, both positive and otherwise.
Regards,
Sherilynn

 

[LJS]

QUOTE (Sherilynn @ Apr 2 2010, 10:07 AM) Greetings.
I have a question for anyone that attended Ron Legrand`s QuickTurn event.
Did you find that you learned enough at the seminar to proceed on your own? Or did you feel that you needed further instruction?
I am always leery of new gurus because some seminars (like "Rich Dad") are primarily designed to lure you into "advanced classes." You know the saying, one rotten apple...
I would appreciate all feedback, both positive and otherwise.
Regards,
Sherilynn


Hi,
I did attend the Quickturn bootcamp in Oct 2009 with the expectation that I would learn other ways to invest in real estate. My expectations were definitely met, as all of Ron`s strategies are very creative, however, I definitely felt that the strategies may face implementation challenges in Canada. I am not a "seasoned" real estate investor so my interpretation and ability to implement these strategies at this point in my real estate career may be limited but I certainly felt like I was building on my REIN education.

There was alot of selling going on at the event with product and instruction packages available at what I perceived as very high prices. I cannot comment on the value received as I did not purchase anything.

I would be interested in going to the Calagary event but not certain if the information will be that much different than what was covered at the bootcamp event unless it has been adapted for our Canadian laws and markets. I am not sure if it will address the differences in our Canadian "attitudes" toward real estate transacting.

I hope this helps.

Lori

 

[EdRenkema]

Ron`s techniques are eye opening to say the least and implementation is possible if you know how to adjust to the Canadian culture and market place.
People that can and will proceed on their own need to account for time and money expenses as the marketing strategies use up both.

 

[JimWhitelaw]

Hi Sherilynn,

I attended the Quick Turn event in October. There`s definitely enough info given to get you started, however you`re also likely to spin your wheels a bit as things in the real world don`t work exactly as described (surprise!). Many of us who have implemented the strategies have had to do some "tuning" in order to see success. The greatest value for me was to open my eyes and mind to different ways to make money transacting in real estate - I gained the ability to recognize a situation that is a potential deal where I would not have been able to before. I feel that I got my money`s worth.

As far as feeling like you need further instruction... Well, the programs are designed to make you feel that way. There is a LOT of info given in the four days and while there is real value in that, it`s also a marketing strategy to sell you on Ron`s "Master`s Program" of tutoring and more seminars for only $25,000.00. They throw a lot of information at you until it starts to feel overwhelming and then present you with the solution - professional tutoring to guide you along. So convenient, and not at all coincidental. Information Marketing is Ron`s real core business and he does it well.

Check out this video, especially the part where Ron says: "I look at speaking as just another customer acquisition tool."

http://www.markettothemasses.com/m2m-dvd.html

Ron is certainly not a "new guru", he`s one of the granddaddies of real estate information marketing. There`s good value to be had from his courses, but people need to understand that walking out of a seminar feeling like they are not getting the whole picture is deliberate. You either find a way to fill in the gaps yourself or you pay for additional training. Nothing wrong with any of that as long as you go in with eyes wide open and the understanding that while you`re going to learn something, the primary objective for the presenter (Ron) and the promoter (REIN) is to make money selling you stuff (and to keep selling you stuff as long as possible). That`s entrepreneurship at work and it`s a beautiful thing.

Ron is an entertaining speaker and you can certainly learn a lot, but there are other ways to get an equivalent education. The home grown Canadian route would be:

1) Take Tony Peters` Creative Real Estate Investing Power Workshop.
2) Take Barry McGuire`s Deal Ready Documents Workshop.

With those two under your belt, you`d be well equipped to hit the ground running with a good toolbox of Canadian systems for marketing, buying, selling and writing up creative real estate deals with confidence. A lot of people who attended Quick Turn Boot Camp in October also took those two courses as followups.

 

[Sherilynn]

Thank you all for the info.

I know that Ron Legrand has been around for awhile, but he is new to me as I have never heard him speak.

And I agree with Jim`s comment that most seminars are designed with future sales in mind. Still, when one pays that much money for a seminar, one hopes to glean enough information to be able to start implementing a few new ideas. Otherwise, it would feel like a waste of money.

Anyone else have any thoughts on the matter?

Regards,
Sherilynn

 

[RussellWestcott]

Sherilynn

There has been plenty written on this forum about Ron LeGrand, some good, some bad, and some indifferent (couple links below). I`ll be the first to say that Ron is not for everyone, however he has made a big impact on my investing career. I can speak confidently about this, because I have spent in excess of $20,000 (over the years) in training from Ron LeGrand and his company.

I bet I have attended almost every one of his trainings (with the exceptions of some of his brand new programs)... and after attending all this training I can tell you that I have received a positive return on my investment. Can I tell you exactly what that ROI is... nope, but without his training substantially smaller would be: my portfolio, my balance sheet, my confidence, my knowledge, my determination, and my way of thinking.

Will 100% of what Ron teaches be instantly implementable for you and me right now... no way, but you will be exposed to many new concepts that will work.

Here are a couple direct example of what I`m talking about;

Ron LeGrand came to speak in Canada about 8 years ago, and discussed the `concept` of using your RRSP`s to invest in Real Estate (something that was not being done in Canada)... his comments were "You can do it here... you just need to figure it out". Those words were spoken to a small group of people, and REIN™ member Valden Palm took those words and figured it out... then he shared his knowledge with others. Now I could have gone out and spent as much time as Valden did to learn the same things or I could have paid some money to Valden and have him teach me what he learned. From a simple concept, came a strategy I have used numerous times to further my Real Estate investing. From something that virtually did not exist 8 years ago, now is common place to many REIN™ investors.

As well, I remember about 7 years ago Ron mentioning a concept of "Subordination and Substitution of Collateral" and at that time that concept was way over my head. I am now ready to start learning further about this concept (something he will be teaching in Calgary in April). With the banks constantly changing their rules and making things more difficult for Real Estate investors, I am going to be all over learning more ways to raise capital, create alternative ways to make money in Real Estate, and if I can do that without having to go to the banks-- sign me up.

That`s why I am going to the seller financing program upcoming in Calgary to master this one topic... and I can be very sure that after this event, there will be people telling me that this can`t be done, and I`ll persist through to find a way to work for me.

I am also sure that there will still be more to learn ... there always is, because the day that I stop learning and implementing what I learn is the day I pack it in... and I`m not even close to considering that.


The big questions I always ask of myself before attending any training or personal development program is:

#1 Am I worth the investment in me?

#2 Do I trust myself to follow through and capitalize on my investment?

There is no such thing as a magic pill to success but there are definitely steps you need to take to be successful, and for me those steps include spending money on training, education, and a commitment to lifelong learning.


Hope this helps


Here is some further discussions on Ron LeGrand... click here

in that thread you can also read my thoughts ... click here

 

[Sherilynn]

Thanks Russel.

That was my thinking when I reserved a seat for the April event.

Because I am a full-time mom as well as a full-time investor, my main issue is that my husband is out of town that week and it is difficult to arrange alternate childcare for three days (especially when 2 are school days). That is why I want to be certain that I will be able to learn valuable lessons that I can then implement. For me, it is really more about the time than the money.

As far as money is concerned, it is quite amazing how small of a lesson it takes to get 100% return on $2000.

And I like what you said about the day you stop learning is the day you pack it in. That is one of the many reasons that I became involved in real estate investing...I knew it was a subject that I could never truly master, hence I would always be challenged.

Thanks again for your insights.

Sherilynn