Posted by danny on December 05, 1999 at 08:59:39:
PS
Where can I get my hands on his material? Are his books still for sale somewhere. I read once that john Reed said the Lowery seminar he attended in the early 80’s was excellent! However, Reed also says Lowery went bankrupt.
Lowry’ Seminar - Posted by John FL.
Posted by John FL. on December 02, 1999 at 07:01:35:
I am planning to attent to Lowry’s seminar in Miami,any info regarding this person and his seminar?
Thanks guys
Re: Lowry’ Seminar - Posted by John FL
Posted by John FL on December 06, 1999 at 20:26:56:
I went today to 2 hours intro for the Lowry’s seminar.
It was very impressive,the guy has lot of knowledge.
Cost for 2 days 12-11-99 and 12-12-99 (18 hours total)
$1500.00 you can bring you partner or spouse for free
meaning share cost , of course $700.00 per person if you want.
Sounds a powerfull seminar, any other advice
and thanks guys for your great imput
Ps this will around the Miami area
He’s my hero - Posted by John J.
Posted by John J. on December 04, 1999 at 20:26:26:
John,
It was Dr. Lowry’s book, “How to become financially independent …”, and one of his one-day in-person short-courses that got me started in this business in the seventies So I owe a great deal to the man and have great loyalty to him.
I had the privilege of meeting him again last year. He still does his one-day seminars, but it now covers much broader territory, including government property auctions (cars, boats, jewelry, etc.) and where/how to find government money for rehab and no-money-down financing. I still had the newspaper article about his bankruptcy in the Lake Tahoe development and when I presented it he was very open about discussing it and actually used it as a learning experience, explaining to the audience what had gone wrong and what can be done to avoid such turn of events. I recommend him for a newbie. He has a good way of explaining the basics in detail as well as presenting numerous alternative scenarios.
He must now be in his seventies and I have the impression that he does these seminars because he realizes that he has a tremendous knowledge and actual experiences - he learned a lot of techniques the hard way - and just enjoys sharing all this with people who will take the time to listen and go to work ‘making it in real estate’. He will also stay in touch with those who actually implement what they learn from him, if they want to. He still has his fast pace and enthusiasm about all the opportunities that are out there.
I don’t think that he makes a lot of money from these seminars. He was in town for a week, personally doing the free intro presentations each evening. Estimating his expenses for travel, room/board, seminar room rentals, his assistant and the cost of the large stack of books and tapes that he hands out and estimating his revenue from the seminar fees, I did not calculate a high margin. I am now listening to his tape series, ? How to make money in foreclosures?. Along with the work book it also covers a lot of the basics of investing in residential properties, contracts, etc.
Throughout the seminar - which we had paid for - he also pushed Pre-paid Legal Services several times in an MLM fashion. Toward the end he even handed each of us a sign-up form and then spent the time going through it line by line, telling us how to fill it out. It concerned me that he had to resort to this to generate income for himself.
John J.
Re: Lowry’ Seminar - Posted by Mateo
Posted by Mateo on December 02, 1999 at 08:41:33:
I attended a lowery seminar back in the early 80’s. He was huge back then. He was the Carleton Sheets of the times. I was maybe 19 or 20 years old back then and much of the info went over my head. The seminar was $400.00 and I felt like I was ripped off afterword. I have been an investor ever since, however, I have never used any of the material from the Lowery seminar. I remember Lowery also said he had a Ph.D. in something. John Reed told me Lowery went bankrupt in the late 80’s. Let me know how the seminar was and how much he is charging now.
Let us know - Posted by John J.
Posted by John J. on December 10, 1999 at 10:55:04:
If you do attend his seminar, please share with us whether you thought that it was worth the fee. Let us know if his material is up-to-date. Make lots of notes, because he is fast-paced and no way will you remember everything. He will emphasise his key points with the phrase, “Isn’t that true?”.