Real estate Infomercials, thoughts????
TV ClubHouse: Archive: Real estate Infomercials, thoughts????
Pamy | Tuesday, October 22, 2002 - 08:45 pm     My husband retired from the Navy a few months ago and has been looking for a new job/career(he is only 38). He also has been watching A LOT of tv! Well, he is just certain he will be the next success story on one of these real estate infomercials! I know you can make money in real estate but I think these infomercials are a scam. He went to a free seminar for one and they want 1500.00 for a 3 day seminar which is guarenteed to teach you how to generate thousands of dollars a month. I told him from the get go that I think this stuff is a big scam, and tonite I found a receipt for 1500. that he paid to take the 3 day seminar!! I am hoping some of you here have some knowledge of this buying and selling foreclosure stuff and can enlighten me. I would really like to stay married to my husband |
Max | Tuesday, October 22, 2002 - 08:52 pm     Run!!! Yes, they are a scam. In fact, a former high school teacher of mine used to DO those commercials (Ed Beckley was his name) and ended up doing some time for fraud. ANYTHING that promises you can get rich quick with no money down is a scam. More people LOSE money than make it, hands down! If you want to learn about making money in real estate, take some community college classes on investing and real estate law. You can make money, but it takes some up-front investment, a lot of time, and a dollop of good luck and good instincts on what will be the next "hot" neighborhood.
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Juju2bigdog | Tuesday, October 22, 2002 - 11:02 pm     Post office gives hiring preference to veterans. Good pay, good benefits. Way more reliable than get rich quick schemes. |
Draheid | Wednesday, October 23, 2002 - 06:03 am     Pamy: Another suggestion if your husband really wants to get into real estate. Have him contact a reputable realty company such as Careers at Century 21 or Coldwell Bankers (click on 'About Us' then 'Careers'). Most larger real estate companies will 'sponsor' someone interested in becoming a realtor. Hope this helps |
Jagger | Wednesday, October 23, 2002 - 06:22 am     My sister in law actually got hooked into one of these, she ended up getting burned. There is nothing easy about these, she had to take numerous realestate classes, etc. etc. They supposably tell you how to buy cheap and turn around and sell for a profit, but without knowing all the facts about realestate it will cost you money to hire a realestate broker to find the homes and do all paperwork, etc. You can call the Better Business Beauro for more information on the company. They may be able to give you some advise. |
Pamy | Wednesday, October 23, 2002 - 02:35 pm     Thanks for the help! I showed your posts to my hubby and he has cancelled the 3 day seminar! Thank God,I just happened to find the receipt for it last night, he hadn't told me yet since I have been down with the flu. It had a 3 day cancellation period that ends tomarrow at midnight, if I hadn't come across the receipt we would have been screwed! Thanks for the suggestions, hopefully he will find something he likes to do soon, the drop in pay is really starting to take it's toll. He has been volunteering at the animal shelter(he loves animals)and can probably get a job there but the pay is awful! Only like 10.00 hr, he was making equivelant to 30+ hr. It is also hard to go from being a supervisor with seniority to the bottom of the barrel. Thanks for helping me solve this problem, I knew you all would come through!!! |
Zachsmom | Wednesday, October 23, 2002 - 02:37 pm     (((((((((((((((HUG Pamy)))))))))))))))) Something will come up for your husband.. what is it he does? |
Silksmoke | Wednesday, October 23, 2002 - 02:41 pm     Excellent advise Juju. |
Moondance | Wednesday, October 23, 2002 - 02:44 pm     Hi Pamy! He may be interested in this http://www.lazoo.org/main.html November 13, 2002 L.A. ZOO CAREER NIGHT If you've ever thought about working with or around animals, this is your night. Meet zookeepers, educators, curators, and veterinary staff, and discover what paths they took to break into their chosen fields. Each speaker will have time for a question-and-answer period, so come prepared with questions. To register, please call 323/644-4211 and press "O." 6-10 p.m. Member participant: $10 Nonmember participant: $15 Parent/chaperone: $5 |
Pamy | Wednesday, October 23, 2002 - 02:59 pm     Thanks Zachsmom, they don't have a civilian job that would equal what he did in the Navy(SEAL training and confidential stuff)He could get a computer job but he doesn't want to sit at a desk all day, he is an outside kind of guy. Also the Navy is all he knows, he went in at 18 so he doesn't have a lot of jobs under his belt like most people do. Moonie...that is a GREAT idea! How cool! It might be a little far(we're in Riverside)but I think he could go and get ideas. I can't wait to tell him |
Draheid | Wednesday, October 23, 2002 - 03:01 pm     Pamy: He could try out for Survivor and then you could help us out by keeping us informed ahead of time!  |
Halfunit | Wednesday, October 23, 2002 - 03:06 pm     Hmmmm... Rudy was a S.E.A.L., wasn't he? |
Pamy | Wednesday, October 23, 2002 - 04:46 pm     I actually have talked to him about it! He hates all the reality shows I watch, but said he would consider auditioning for Survivor. He has seen bits and pieces of some of the shows and he always comments on why don't they eat that or use that for fishing. I think he would be perfect, so when the next audition thing is up I will have him apply. Don't count on any info from him though, I STILL don't know exactly what he did every day in the Navy! |
Twiggyish | Wednesday, October 23, 2002 - 08:19 pm     Excellent advice here. There are laws heavily governing real estate transactions. As for work, why not have him go back to school? He's still young, and he could go for another career. (Networking is big) |
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