Re: So Many guru courses! Which is worth the $$$? - Posted by John Corey
Posted by John Corey on April 29, 2006 at 17:38:11:
You will get different answer. I suggest a slightly less costly approach than the path you are thinking. I will conclude with a way to make any program pay more than it costs.
Go to the library. See what is free on the shelves.
Get down to a large bookstore. Best if the place has a coffee shop. Pick some books off the shelf and start reading. When you find one that you like consider buying it. Maybe it is an author you discovered at the library. Or maybe the books has a lot of how-to steps.
Find a local REIA club if there is one locally. See if they have a lending library. One REIA near me has many of the guru courses. You borrow the materials for a month and study as hard as you like. If there is a course you really feel you need to keep then you can buy it later (online, from eBay, at a convention).
Use this site and some others. Focus on the how-to articles, the success notes and the forums. Expect that the greatest value is found in the forum when you are trying to work a deal and you need some timely advice.
The order above is not critical other than go to the library before the bookstore if you want to minimize the cost.
How to make any course pay for itself no matter what it costs.
What does a course cost these days? $1,000? $2,500? $10,000? What I do know is they are not inexpensive.
The secret to making any program pay back a multiple of what it costs is to get off the couch and out into the market. That might be phone work or it might be driving around. It could mean spending your time pounding the pavement. It could mean sending out large mailings for 6 months. If you find 1 deal worth doing the profit from the deal will exceed what you have spent on a course. If you put in the time and effort you will earn back even more as you are unlikely to stop at one deal.
So, if possible hold onto your money or use very little at the bookstore. Second, expect that you need to have some working capital for gas, mailings, ads, attending local meetings, paying fees and closing costs, etc. Even if the deal is a nothing down deal you will still have some other costs from the search. If you choose to buy a course remember that it is a choice and no one is forcing you to pull out your credit card. Commit to doing something with the program until you have earned back what it cost you.
There is a guy up north of me who has a shirt with GOTC printed on it. GOTC - Get Off The Couch. More money is wasted on infomercials type courses because people know how to spend but do not have the discipline to follow up with action.