Thank you for your thoughts - Posted by Chris
Posted by Chris on April 25, 2002 at 12:42:20:
Appreciated your thoughts in response to mine. I’ll be happy to post anything I have to say, here, on the forum. Writing back and forth, whether by email or postings, has been valuable to me because I’m learning from it.
As I told you and Jeanne, I have nothing to sell here or solicit anyone for since I’m here to learn–not so much about how to invest in real estate (though I know how much I don’t know after all these years). My interest is in the process of how people learn, as I discussed with Ron, and what they’re doing to get the info they need to succeed (how’s it working for them?, as Dr Phil would say). I value the opinions expressed here or I wouldn’t waste my time.
Here’s what I’m seeing so far–and it’s early for me to form any opinions: I agree no course or coaching helps someone who is lazy and wants to get rich quick. My experience has been that even when the student of real estate pays big bucks for courses, etc, many of them DO nothing. I’ve never understood that. In reading questions on the forum, I find them to be so general–when that information is in the courses they say they already have. Are they reading them, are they doing anything? I haven’t seen many postings on what they’re DOing.
When the questions are about a specific property or deal, I’m trying to learn how anyone can offer a solution that will actually result in a deal without the “mentor/poster” having any of the important information that makes or breaks the deal. I could write “what you should do” all day long to that person, but we’d both still be guessing what the real situation is with the seller, financing, etc. And there’s no way my “brilliance” would be of any help to them. That’s why I’m still here trying to figure out if it works for anyone or if they’re stroking themselves.
It’s easy for students to say courses/coaching are worthless, but my original, rather critical, question to myself was “how valuable is free, nebulous sp? advice from self-proclaimed experts”. Let’s say, for the sake of discussion, that you, Ron and I are experts and someone asks what offer should they make on a property. I propose it’s impossible for us to say. If they ask how to work with realtors (a big hurdle), how do any of us give concrete advice that results in making money in a posted message? Do the “posters” believe they can get free help here and make money? Does that happen, and how often? I know the results of course work and coaching from years in the business (and they are not wonderful), and I’m interested in the process and results from another venue. I still have a lot of questions!
What I did find valuable and productive, as I told Jeanne, was the info on whose course has good information and why, whose company gives crappy customer service, who’s a real ripoff in the way they do business, what the perception of the courses and coaching is out in the real world, etc. I think this is an extremely good way to even the playing field against the hype in this business. Please share your thoughts. And thank you, Chris