QUOTE (joeiannuzzi @ Jan 16 2008, 10:37 PM) Hello Kim. I did not attend the seminar you mentioned (because I live in Calgary) but am very familiar with the entire Rich Dad philosophy having attended and spoken at some of their workshops starting in Sept 2002. I have also been with REIN since January 2001 and have compared the organization to everything including Rich Dad Poor Dad.
Education can be beneficial if you learn how to be a better real estate investor and recover your costs through future deals. The key questions that I would ask are the following:
1) Will there be ongoing local support after the 3 day seminar which equals or exceeds that which exists in the REIN group? Recall that REIN is the largest most successful real estate group in North America with endorsements from best selling author Robert Allen and world famous stock market forecaster and demographer Harry Dent who wrote "The Roaring 2000`s"
2) Is the information presented at the 3 day seminar specific to your marketplace? The single most important factor in real estate investing is the economics of the area. That is the reason why Don puts so much emphasis on the "What`s behind the Curtain" portion of the presentations.
3) Does the book that covers everything one needs to know about real estate investing have all the Canadian specific information included in "Real Estate Investing in Canada" and "97 Tips for Canadian Real Estate Investors"?
Hope this helps.
Thanks Joe. It helps putting things in perspective.
1. I never heard of Harry Dent and his book. May be I could invest in getting his book instead.
2. as the free seminar was pushing the course, it`s hard to know how deep they go. They had some catchy scenarios but it seem to be repetitive to the point of becoming annoying.
One thing I find challenging: By the time "behind the curtain" comes, I am so tired after a day`s work that everything`s flying over my head. I do try to read it afterwards.
3. I haven`t read the book, I am so busy at work that I doubt I can do that.
One thing for sure: the first deal is the hardest to get/do. I`m like `a cat afraid to jump in the water` if you know what I mean
QUOTE (EdRenkema @ Jan 17 2008, 10:36 PM) Hi Kim,
I did the 3 day course last fall. There is a series of books and CDs (14 in all) which alone are almost worth the price of the course. The course itself has little substance, they hit the high spots in several key areas. The last day is all about selling you the ongoing programs and the cost is mind boggling. I went in with an open mind and learned a few small things but its all about upselling to the higher priced courses. If you ordered the books and CD`s from RichDad co. it would be roughly equivalent to the price of the 3 day course and the CDs are excellent.
But.... if you want to learn RE investing join REIN. They will help you build a foundation of knowledge and skills, create a system, help you develope as a person and all at a fraction of the cost. This group `partners` with the RichDad company and are all about selling you the high priced courses. If you want more info you can PM me on this forum.
Good Luck
Ed R
Thanks Ed. I am still catching up on REIN, have been a member since nov 07. I am having bouts of `information overload`
Your opinion helps... there is no shortcut, REIN seem to be the best.
I will try to talk my friend in joining. Her english listening skills are not so good though.