I’m debating to get either one of their courses. Any pros/cons to either?
Which course?
Packer. Many assume that a course of some kind is the best way to learn something. It’s true sometimes, but in REI, you don’t need to spend a lot of money on courses. Also, you don’t have to keep “trading up” as the course progresses and costing you more money each time. If you’re looking for a course that gives you the basics, go to e-bay and get the most current Carlton Sheets course they have. Get the one with the CD’s, DVD’s and the toolkit CD. It’s well put together and gives you a good starting point. The course should cost about $75. I bought mine for $40. It was money well spent. You can also buy some good books at the local bookstore. I’ve read over 10 - 12 books and paid about $250 total.At this point, you should spend more time than money on your education. That’s because the information out there is cheap, but you’ll need to spend the time and effort to absorb as much as possible. Here are some good books.
“The Millionare Real Estate Investor” by Gary Keller.
“1 Minute to Rental Property Riches” by Mike Rossi (a.k.a Propertymanager)
"The ABC’s of Real Estate Investing, by Ken Mkelroy
There a lot of good books that are under $25. Good luck.
Im still deciding if I should get the Steve Cook or the Vena Jones course. It seems by reading comments made by people who have the couse say that they are both good courses. I think Im leaning toward the Steve Cook course
Great insight everyone. I obviously wouldn’t mind spending some cash on something that I knew would deliver but like Phlemboy said if the info out there is cheap then why bother. However, Phlemboy do the three books you list retread the same issues or do they each have something unique to share. If all I read about is “buy low, sell high” then I’m going to be very disappointed. But thanks for the book list though.
Packer,
The info is out there but these courses focus on a certain part of investing (wholesaling). I too have read several books on Real Estate in general, but now Im ready to move onto a course that focuses solely on the part that I am interested in making money in now which is bird dogging. After I do 10-15 deals I plan to move onto wholesaling.
AJ,
which books have you read?
Wendy specialized in the lease option and has also branched into the Subject To niche. Vena Jones Cox is a wholesale specialist. Two completely different niches.
It takes money – cash reserves – to do lease option and subject to deals. If you don’t have much cash in your pocket now, then the wholesale flip is probably the better starting point for a beginner. Between the two, I think there is less financial risk for you if you want to implement Vena Jones Cox’s course.
The books I listed have something to offer. There are many others. You have to think o it this way, If you learn ONE thing from a $25 book that saves or makes you $2000, that’s a good deal. You can spend a small amount of money for pretty much the same info that you would get in an expensive course. I’ve read just about all the “Rich Dad Poor Dad” books. But I’d never buy their seminars or courses. In the whole grand scheme of things, making money is derived from buying low and selling high. Don’t discount that fact just because everyone’s saying it. You just don’t have to pay a lot of money to get in the ino on how to do it. Good luck.
I have read Millionaire Real Estate Investor, Investing in Real Estate, and Im currently reading California Real Estate Principles. There are many more out there that are good.