Re: Robert Allen flooding the airways - Posted by BTI
Posted by BTI on July 03, 2007 at 10:31:22:
I believe today’s Robert Allen is just basically an information selling machine and mostly hype. And I agree with Mark the $1/$200k deal is probably another half, or partial truth which means a lie to me.
As an investor for 52 years and a real estate broker for 42 years, Robert Allen is one of the last “gurus” I would recommend to any of my friends and family, and his mostly basic foundation of borrowed knowledge can be read for free in most libraries.
You are right that investing early on in the learning curve with a little education will save time and money but $100 in the right books, and reading the right websites, and joining the local investors group will save you a lot of money and give you an education superior to uncle Bob’s, plus you can use the money uncle Bob and his paid friends are trying to put in their pocket for your investing instead.
I’m in favor of the basic message your trying to deliver in your post, but also against it because it rings as an endorsement of Robert Allen and taking his high priced training as a guaranteed road to success.
If you were to take a list of everyone that paid uncle Bob a ton of money for his advanced education, and a list of everyone that was later very successful due to that education, the latter list would be very short in comparison to the former list.
If you are an investor who paid for his training and are totally satisfied and not a employee promoting him then say so. But in those cases where his graduates were very successful, I believe those people would have been successful in their real estate investing despite Robert Allen. Some other guru, probably a better one, or cheaper one, would have provided the spark.
I’ve had new investors coming to me for help and they paid Robert Allen, or someone like Robert Allen a ton of money and ended up not much more advanced then a newbie.
I believe in paying for an education when you know what education you need, and who can best provide it.
As a matter of fact an online college for investing courses taught by people actually doing it, broken down into individual catagories, along with a state specific supplement, and fairly priced is long overdue. You could take courses in the areas you need help in for say $39 each.
And please don’t knock the fine 70 year olds at Home Depot, they are good people and provide a lot of help to me and my investor friends, and I would be happy to rearrange anyone’s nose who gives them a bad time.