I was just looking at the Greg Penneo topic and once again, we now have a lot of people who never posted here creating accounts just to" testify" of how great he is. I say you should never pay full price for any system from a guru. Some claim you can’t resell their product, which I don’t get, but it could be an issue.
A local mortgage broker/investor told me he has almost every real estate guru system that he’s ever heard of. He buys them regularly through a classified ad that says:
SELL YOUR GET-RICH-QUICK SYSTEM
Do you have old get-rich-quick or real estate investing books, manuals, forms, and systems that you bought from a “guru”, seminar, late night television, etc.? I will buy them ALL, ANY condition! Call 555-5555 for a CASH offer today. Serious inquiries only.
The classified ad doesn’t cost a lot, but he saves money by offering $10-50 for systems that may have cost thousands. He has a rule that he won’t spend more than a few hundred dollars and you’d be amazed of the percentage that are still shrinkwrapped. He also buys from eBay and Craigslist.