Reply: 2
From: Nigel Kibel
To declare my hand straight off, I am a Property Investment Trainer with The Investment Institute, and I couldn't help but make some comments regarding these Henry Kaye and education postings.
At the Institute, we firmly believe in the need for education and the acquisition of knowledge if you are to maximise your investment returns. This can be obtained by a number of sources, many of which are free. As has been pointed out, this forum is one of the best sources of free education one can find, and I personally encourage every one of our students to actively use this forum.
Sure, much knowledge can be obtained from books, but this does not suit everyone's learning capabilities. Often, a classroom style learning program, where you can listen and ask questions is far more appropriate and worthwhile. This is what Henry Kaye provides. This is what The Investment Institute provides.
Having said all that, I would never suggest for one moment that someone should go into debt to pay for a training course. Ever.
I watch with amazement a very smooth marketing company spending large amounts of money on advertising raking in the dollars from thousands of people who do not stop to consider the alternatives. As a provider of quality property investment training programs, I cannot believe that so many people would consider paying in excess of $15,000 for a training program.
It frustrates me daily to hear people paying this sort of money for education. It frustrates me so much that I have to provide an alternative suggestion in this forum so that people at least know that there is a real alternative. I am sorry if some of you take exception to using this forum as advertising, but in my view, what I am about to say could save many people one hell of a lot of money, so I felt it worthwhile.
At the Institute, you can undertake one of two property investment training courses. Firstly, a one full intensive day dealing with buy and hold strategy, financing, and all other aspects so vital in a buy and hold strategy. The cost? $ 595, and we guarantee that we will save you at least $600 in establishment fees for your finance. Basically, the course will cost you nothing if you take advantage of the finance.
Secondly, you can undertake a 3 day intensive course on all other property investment strategies including flipping, wrapping, lease options, joint ventures, renovations, development etc. You also hear from Melbourne's best property accountant, Melbourne's best property lawyer, property valuer etc. Additionally, the third day is a hands-on bus tour of Melbourne property investment seeing first hand what makes some properties work really well as an investment, and why others don't.
Then, you also have a one-on-one meeting after the course to set you up on your path to financial success. The cost? $2,450 or $2,995 a double. Based on our double price, my reckonings say that this course is 90% cheaper than other programs out there costing $15,000 for one person.
It must also be remembered, that at the end of the course, you are not going to be sold into anything else, be it courses or property.
The point of all this is that for those interested in learning quickly, from proven experts in a classroom environment, then there are real and cheaper alternatives which will provide you with more useable information and knowledge than you can get anywhere else.
Finally, I repeat my opinion that you should never, ever borrow money to attend a training program. Education should be as affordable as possible, and not a ridiculously high price because the provider spends lot's of money on advertising, marketing, image building and promises of instant wealth.
I will happily speak to any of you in further detail about this. Either email me on info@theinvestmentinstitute.com.au or ring me on (03) 9909 7233. Only based in Melbourne at the moment, but opening in Brisbane on 25th June 2001.
Nigel Kibel
The Investment Institute
