I was driving in my car and noticed a bright yellow sign on the side off the road that read "Real Estate Investors Seek Aprentice $20,000 a month. 888-555-xxxx. So I called the 888 number and listened to a recording were he said you are the typ of person looking to make some money and so on… if your are interested leave a name and number after the beep. What is this??? I’ve seen it a few times over ust curious what it is and how it works.
I’ve seen a couple in different forms. Everything from ads in the paper to internet offers, matter of fact i think there’s an ad that appears on this site for the same offer. From what i’ve seen you would basically be told what to do, sent out to do the legwork, your “mentor” fronts the money" and you split the profit in pre-determined percentages. Give it a call, might be worth it…
I HAVE SEEN IT AND CALLED AND ITS NOTHING MORE THAN A MARKETING CAMPAIGN FOR THE NOUVEU RICHE PROGRAM. MAY BE SPELLED WRONG BUT YOU GET THE POINT…DO A GOOGLE SEARCH AND YOU SHOULD FIND IT…BUY THE COURSE AND NETWORK WITH OTHER STUDENTS.
I responded to that ad and actually talked to a member who is located inFolsom California. I live in Sacramento and wanted to learn Loss Mitigation. The Noveau riche turned me off because I also receive those mailings that asks for $125.00 for the key to money and power.
This noveau riche is some king of real estate training group. They have a group of investors and real estate agents et al who purchase property and also teach real estate investing classes. there is a meeting on August 19th that I will attend.
There is a marketing arm of this group and actual distressed real estate for sale webpage that is made available to member
Sacramento is experiencing high foreclosures now and I want to do Loss Mitigation. I had actually been looking for a group of investors and some training to make this happen.
So I am going to the group meeting However if one of the snacks is Kool aide I’m opting out. I will report back
Funny story…Kind of-
A couple of days after this thread got started, I had a lady come into my work (the bank) and she was so happy because she had been given a second chance! She was looking for direction and all of the sudden she saw a sign that said “Real estate investor seeks apprentice…blah…blah…” She was so excited because she has been told by her new mentor that she will be making 15K-20K a month. And she is especially thrilled since she will be able to pay the $16,000 Nouveau Riche tuition. It would appear that they are behind those lovely signs…at least here in SLC. But I definitely wished her good luck. Although I felt kind of bad because she had been 100% sucked into the fluff HYPE that they present to you in the seminars…
These guys sell programs. They sell books and tapes. I would look for somebody that does not make any money if I don’t buy a house. That means that their goals align with mine. These book and tape program guys make money even if I don’t. They make more money if they keep you thinking that you don’t know enough to pull the trigger. They keep you in fear of buying that first house. That goal does not align with mine. That is why what you need to spend your time and money on is developing a team of real estate agents, mortgage brokers, title offices, attorneys, property managers (first get real estate agents and mortgage brokers). You see none of these guys make any money until you are sitting at the title office around that big conference room table signing documents. That aligns with your goals.
Just simply give us $17,000.00 and one month many many moons from now you will make 20k if you are the lucky person on the second tuesdays of the fourth week on the eighteenth month of the 3004th year…