From: Splinter Wood
I have reposted this in order to reach any new or less experienced people looking to gain knowledge in the property Investment Business.
The thread of this is continued in the 'Caveat Emptor' Page on this site.
Please not all seminars are like the one described. Just a note to help unaware searchers be more aware of unscrupulous organizations.
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I recently have been involved to check the validity of one of these so called 'Investment Seminars' where a close friend had recently signed up for a week long program and was convinced to sign and commit to paying over $15,000 dollars !
I was quite shocked and hence checked it out further. This course was run by the 'National Investment Institute'. Sound official ?? Sound like it's connected with a University or some quasi Government organization ?? I can assure you it is not.
The key speaker is Mr. Henry Kaye whom I do not know personally.
As a season property investor, investment advisor and training expert, I can offer my opinion to those intending to attend such a 'Seminar' that they should be very careful.
This is a lot of money for a one week course. If 1000 people attend (And they do) the total income is over $15,000,000.
Think about this. Yes, they have 'huge' expenses - but dear people you can get yourself a ticket to New York, attend an advanced course at Harvard for this kind of money.
Claims that you can make millions, and certainly some have, are certainly attractive and motivating to have you sign on but best put the process on hold and make any decision to pay up on hold until you are away from the 'excitement' and a little cooler in your thinking.
Amazing, these people have loans arranged and ready to go in case you can't afford it right now. If you can't pay cash think twice. If you can pay cash think 3 times and you probably will anyway. That's why you have that much cash !
It would appear these people are making far more from these seminars, than from taking their own advice. The strategies also perform exceptionally well when you have a good cash flow. A cash flow that is produced by a good job or good business - such as the one you are supporting when you pay for one of these seminars.
They claim they are not giving advice, Henry is not qualified etc etc. This removes his liability, and perhaps better worded, his responsibility.
A licensed investment advisor, accountant, Lawyer - are responsible for their advice and suggestions, and they can be taken to task over bad or misleading advice. The Henry Kayes of the word flit by these laws by not being licensed and with disclaimers to avoid this apparently 'minor' item.
Have you all got my point yet ??
A couple of finally quotes for those a little slower on the uptake :
"Those who can do, do. Those who can't - teach" (Please take this in context)
"Buyer Beware ! "
"If something sounds too good to be true, then it probably is"
Don't let this information be cold water on your dreams dear people. There are plenty of places where you can get good advice at reasonable prices ( like a few hundred dollars NOT $15,000 ++).
Plenty of courses run at local Tech colleges, WEA, and talking family and friends who been through all the property investment cycles.
You can have your dreams, reach your goals, and all without spending a fortune.
Good luck and please learn from the mistakes of others.
Dr A
I have reposted this in order to reach any new or less experienced people looking to gain knowledge in the property Investment Business.
The thread of this is continued in the 'Caveat Emptor' Page on this site.
Please not all seminars are like the one described. Just a note to help unaware searchers be more aware of unscrupulous organizations.
=====================================
I recently have been involved to check the validity of one of these so called 'Investment Seminars' where a close friend had recently signed up for a week long program and was convinced to sign and commit to paying over $15,000 dollars !
I was quite shocked and hence checked it out further. This course was run by the 'National Investment Institute'. Sound official ?? Sound like it's connected with a University or some quasi Government organization ?? I can assure you it is not.
The key speaker is Mr. Henry Kaye whom I do not know personally.
As a season property investor, investment advisor and training expert, I can offer my opinion to those intending to attend such a 'Seminar' that they should be very careful.
This is a lot of money for a one week course. If 1000 people attend (And they do) the total income is over $15,000,000.
Think about this. Yes, they have 'huge' expenses - but dear people you can get yourself a ticket to New York, attend an advanced course at Harvard for this kind of money.
Claims that you can make millions, and certainly some have, are certainly attractive and motivating to have you sign on but best put the process on hold and make any decision to pay up on hold until you are away from the 'excitement' and a little cooler in your thinking.
Amazing, these people have loans arranged and ready to go in case you can't afford it right now. If you can't pay cash think twice. If you can pay cash think 3 times and you probably will anyway. That's why you have that much cash !
It would appear these people are making far more from these seminars, than from taking their own advice. The strategies also perform exceptionally well when you have a good cash flow. A cash flow that is produced by a good job or good business - such as the one you are supporting when you pay for one of these seminars.
They claim they are not giving advice, Henry is not qualified etc etc. This removes his liability, and perhaps better worded, his responsibility.
A licensed investment advisor, accountant, Lawyer - are responsible for their advice and suggestions, and they can be taken to task over bad or misleading advice. The Henry Kayes of the word flit by these laws by not being licensed and with disclaimers to avoid this apparently 'minor' item.
Have you all got my point yet ??
A couple of finally quotes for those a little slower on the uptake :
"Those who can do, do. Those who can't - teach" (Please take this in context)
"Buyer Beware ! "
"If something sounds too good to be true, then it probably is"
Don't let this information be cold water on your dreams dear people. There are plenty of places where you can get good advice at reasonable prices ( like a few hundred dollars NOT $15,000 ++).
Plenty of courses run at local Tech colleges, WEA, and talking family and friends who been through all the property investment cycles.
You can have your dreams, reach your goals, and all without spending a fortune.
Good luck and please learn from the mistakes of others.
Dr A
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