Thursday, April 27th, 2017

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Five Crucial, Must-Ask Questions Before Buying ANY Real Estate Investing Product

Ok, guys.  I know you’re not supposed to mix messages here, but the truth is this blog post has 3 distinct purposes:

1) To update you on the status of Bob Norton’s “Wholetaling” training.

2) To announce a special, private interview coming up this Sunday night (and invite you to eavesdrop if you want)

3) To share five specific tips on how to effectively manage the due-diligence process of analyzing a real estate product, without being blindsided or feeling overwhelmed.

First, A Video From My Heart (And My Messy, Messy Desk)…

[vimeo]http://www.vimeo.com/2927592[/vimeo]

Coming Next Week: “The Beans” on Bob Norton’s “Wholetaling” Training…

(Bob "Nada-Guru" Norton)Please watch the video above for the full scoop.

But in a nutshell, amid the buzz from our 2 free training sessions recently with Bob, we’ve been asking for your feedback on whether or not Bob should open up some in-depth training walking through his current “Secret Profits” model.

You spoke, we listened.  We’ve got a green light, and details will come out next week.

One hint. Codename: “Kiss Flipping”  🙂

Coming Sunday, Jan 25: Private, Unscripted Interview with Than Merrill

(Than Merrill)Again, please watch the video above. It’s all there.

But I’ll say, don’t expect anything for sale at the end of this call.  In fact it’ll only be roughly half an hour or so, and the whole purpose is for me to spend a few minutes grilling him about WholesalingU. As a wholesaler myself, I just want to get an honest-engine, Reader’s Digest look at it before he opens it up.

Think of it like “Reality T.V.” but on the phone.

If you want to eavesdrop in on us Sunday night (and maybe squeeze in a question or two of your own) please go here and you’ll find everything you need.

How to Swim Through a Tsunami of Information…

Is it just me, or does it seem like there’s a new info product (or three) being released every day or two in the real estate investing arena?

Let’s see, at the moment we’ve got WholesalingU and Gerald’s Ultimate R.E. System 2.0 Software

(creepy REI guru)…..And then word on the street is there’s at least SIX MORE REI products on the horizon in the next couple of months alone. Yowzers!  Can you spell I-N-F-O…O-V-E-R-L-O-A-D!

Ok, look.  I’m not trying to insult anyone here.  In fact, I happen to know some of these products are very, very good.

And heck, we all know the value of a good education, and the tangible difference the right information can make in accelerating your business and your bottom line.

But I also know first hand how ridiculously frustrating and downright overwhelming it can be to try and sort through the tsunami of “opportunities” that fill our inboxes each day…

…all in hopes of finding the BEST place possible to invest my hard-earned education dollars.

Having navigated those waters myself a number of times over the last 9 years or so, I offer you five specific questions I think you should ALWAYS ask yourself before you click the “buy” button on any educational product.

But to find out what they are…you guessed it…you’ll have to watch the video above.  🙂

Hope you guys find this helpful.  As always, your comments are welcome.

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About 

JP Moses is a roughly-hewn man-child who first got into REI after reading Rich Dad, Poor Dad back in Y2K and went full time in 2002. He's tinkered in everything from landlording to short sales to rehabs to Realtoring to REOs to notes to owner financing, blah, blah, blah...Till he finally stuck his flag deep into wholesaling and has since flipped somewhere north of a couple hundred deals.

JP's not a “guru” but also doesn't think it's a bad word. Among his core values are authenticity, creativity, big honkin' value, general fun-ness and being unshaven. He's super proud to be chief blogger guy at REItips.com and host of the free REIology podcast. He also thoroughly enjoys sharing his 53 best real estate investing forms with anyone who wants them. You should totally check that out. :-)

  • Kevin

    I needed this JP.
    In fact, I was leaning towards buying another course today because it seemed to have such great value (as it always seem with all the other courses). I tend to always think that “this will help my business when I go through the course in the future.” In actuality, I know I have enough info to get going.
    Like you said, these launches/courses are ALL marketed REALLY well, and create such an urgency that it’s hard to resist.

    I will not buy another REI product until I’ve made good use of the ones I already have and have completed some deals.

    Thank you for your sincerity JP.

    Hey, you’re welcome Kevin. Thanks for taking the time to listen, and for really hearing what I’m trying to say here. It comes out of years of being a serial opportunist myself. I still struggle with it, I admit. Education is crucial, but so is taking action. And an over-indulgence in the former too often replaces the latter. A true recipe for mediocrity, my friend. 🙂

    Take care,

    …jp

  • Kevin

    I needed this JP.
    In fact, I was leaning towards buying another course today because it seemed to have such great value (as it always seem with all the other courses). I tend to always think that “this will help my business when I go through the course in the future.” In actuality, I know I have enough info to get going.
    Like you said, these launches/courses are ALL marketed REALLY well, and create such an urgency that it’s hard to resist.

    I will not buy another REI product until I’ve made good use of the ones I already have and have completed some deals.

    Thank you for your sincerity JP.

    Hey, you’re welcome Kevin. Thanks for taking the time to listen, and for really hearing what I’m trying to say here. It comes out of years of being a serial opportunist myself. I still struggle with it, I admit. Education is crucial, but so is taking action. And an over-indulgence in the former too often replaces the latter. A true recipe for mediocrity, my friend. 🙂

    Take care,

    …jp

  • Hey JP,

    Great advice for anyone out there looking to buy information…real estate or other. I think that it is the nature of many entrepreneurs to be “information junkies”.

    One of the greatest things I ever learned was to get one product and dive head first into the material. Not until you have learned all you can from that product should you buy something else.

    When it comes to Real Estate, I am not opposed to buying multiple products about the same niche…but buy one and study it before buying the next.

    Every course available has something to teach. While some may teach more than others, education is never a bad thing!

    Cheers,

    Ross Treakle

    Ross Treakle´s last blog post..Networking For Success

  • Hey JP,

    Great advice for anyone out there looking to buy information…real estate or other. I think that it is the nature of many entrepreneurs to be “information junkies”.

    One of the greatest things I ever learned was to get one product and dive head first into the material. Not until you have learned all you can from that product should you buy something else.

    When it comes to Real Estate, I am not opposed to buying multiple products about the same niche…but buy one and study it before buying the next.

    Every course available has something to teach. While some may teach more than others, education is never a bad thing!

    Cheers,

    Ross Treakle

    Ross Treakle´s last blog post..Networking For Success

  • Thanks for sharing. I think the key element to any successful real estate investment is to learn as much as you possibly can and arm yourself with relevant knowledge BEFORE you buy.

  • Thanks for sharing. I think the key element to any successful real estate investment is to learn as much as you possibly can and arm yourself with relevant knowledge BEFORE you buy.

  • Yea thanks a lot for sharing all this information I have been looking into what to do and this helps me out a lot.

  • Yea thanks a lot for sharing all this information I have been looking into what to do and this helps me out a lot.

  • Maria

    The video for the Five Crucial, Must-Ask Questions Before Buying ANY Real Estate Investing Product, is not just not working, it’s not coming up AT ALL! I’d love to see this, as I haven’t bought or sold one property yet, I’m so new, but I’ve bought 3 programs for my education. 2 of them are a little bit similar. Everyone is suddenly coming out with programs that are done online.

  • Maria

    The video for the Five Crucial, Must-Ask Questions Before Buying ANY Real Estate Investing Product, is not just not working, it’s not coming up AT ALL! I’d love to see this, as I haven’t bought or sold one property yet, I’m so new, but I’ve bought 3 programs for my education. 2 of them are a little bit similar. Everyone is suddenly coming out with programs that are done online.

  • Maria

    Well, it must be my computer, because obviously other people can access it.

    Hi Maria – try refreshing the page a time or two. That should clear it up. Sometimes Vimeo bugs out. Sorry. :-/

  • Maria

    Well, it must be my computer, because obviously other people can access it.

    Hi Maria – try refreshing the page a time or two. That should clear it up. Sometimes Vimeo bugs out. Sorry. :-/

  • Maria

    From Ross Treakle:

    When it comes to Real Estate, I am not opposed to buying multiple products about the same niche…but buy one and study it before buying the next.

    This is Priceless advice!

    Yes, Ross is a good friend of mine. And this advice is right on the mark. Thanks for posting!

  • Maria

    From Ross Treakle:

    When it comes to Real Estate, I am not opposed to buying multiple products about the same niche…but buy one and study it before buying the next.

    This is Priceless advice!

    Yes, Ross is a good friend of mine. And this advice is right on the mark. Thanks for posting!

  • Maria

    ….and I still can’t get this to play. I bet I can use some common sense and glean some advice just from the comments here, so keep posting everyone. Thanks!

  • Maria

    ….and I still can’t get this to play. I bet I can use some common sense and glean some advice just from the comments here, so keep posting everyone. Thanks!

  • Sonja

    Hello,

    I wish I’d heard this in November. I purchased a coaching program for $26K. I was excited at first because I’d heard the expert on another webinar. At the time, I didn’t know what strategy I wanted to do. The sales agent said that I would learn about most of the techniques out there. I just wanted to get started with some hand holding, so I bought it.

    The ironic part of it all is that the actual guru is not facilitating the coaching course. She hosts the free webinars on Tuesdays. Go figure…

    Long story short, I’ve filed disputes with my credit cards (I had NO consumer debt before this)and had to go through the snickers and embarrassment of explaining my situation.

    I know that God allows things to happen for a reason. Maybe this will be my motivation to get started and eliminate this debt.

  • Sonja

    Hello,

    I wish I’d heard this in November. I purchased a coaching program for $26K. I was excited at first because I’d heard the expert on another webinar. At the time, I didn’t know what strategy I wanted to do. The sales agent said that I would learn about most of the techniques out there. I just wanted to get started with some hand holding, so I bought it.

    The ironic part of it all is that the actual guru is not facilitating the coaching course. She hosts the free webinars on Tuesdays. Go figure…

    Long story short, I’ve filed disputes with my credit cards (I had NO consumer debt before this)and had to go through the snickers and embarrassment of explaining my situation.

    I know that God allows things to happen for a reason. Maybe this will be my motivation to get started and eliminate this debt.