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Business Opportunities
"No Money Down"
Real Estate Programs
I’m sure you’ve seen the “No Money Down Real Estate”
infomercials on television. Initially, this appears to be a very
interesting and possibly lucrative program, although there are a few
things you should be aware of. A company that runs an infomercial
already has an agenda. They will be paying a good six figures just to
produce the infomercial. Then you have to factor in the advertising
costs paid out to the stations that they constantly run on. So, if
their real estate methods are so airtight, why wouldn’t they be
devoting all their time and money into practicing them? First off,
buying real estate with no money down isn’t the cakewalk it used to be,
because the market is so crowded with people trying to do the exact
same thing. So straight off, there is a ton of competition, and believe
me, its not easy.
Also, recently these experts have seen the market change and so instead
have tried to entice real estate rookies with a get rich quick line to
purchase their product. Additionally, they try to sell you other
products and encourage you to buy personal coaching, which can cost
thousands. This has raised a lot of suspicions, but they are legal. But
just because they are legal doesn’t mean that they deserve your money.
Hitting your customers on the back end with stuff that they initially
didn’t tell them about doesn’t put many people at ease, including
myself.
Some of these programs do offer real knowledge, but we recommend not
participating in any “No Money Down” real estate programs. The only
exception would be if one were to have a lot of capital to start off
with, lots of study and research time and good people skills. If you
don’t have any of these, stay away from real estate courses.
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