Comments on: Experts Predict Market Drop, Yet Donald Trump Wants You To Buy Real Estate – Does This Smell Fishy?

By: Craig

Craig — Fri, 09 Nov 2007 11:05:03 +0000

Yes, the market is slow in many places of the country, but do you realize there is places in the nation that has not experienced the growth and is still undervalued? So, yes, San Fransisco is not the place I would buy right now, I would be looking out of California to invest!

I currently have over 200 clients that are investors from California that have purchased in Indianapolis, IN….don’t let the idea of owning property out of state scare you, if it’s done right, you can still make money in a “downturn”…

It’s like the stock market. Even when the stock market was overpriced in 1999, do you think that Warren Buffett wasn’t buying companies that were undervalued?

People, quit reading so much the newspapers tell you and actually do some research on your own!

By: david t

david t — Tue, 23 Oct 2007 19:50:32 +0000

I invest in the stock market and in real estate and there’s definitely parallels between the two. You can lose your shirt and underpants in both and it’s not easy to make money but you can’t ignore the obvious mantra buy low sell high. RE is finally coming down in prices. As an RE investor I now have more negotiating power and over the next year or so prices will come down to a more reasonable level. The market was irrational for a while now it’s coming to its senses and it’s a good thing for investors.

So moral is, don’t buy when markets are hot. Do your market research and buy on dips.

By: Li Wu

Li Wu — Mon, 21 May 2007 18:01:21 +0000

Hi webjanet,
I wish I would have read this earlier.
My intention to go to REAL ESTATE WEALTH EXPO April-07 to listen to Anthony Robbins and very happy with what I learned from Tony.
How ever I ended up beeing hooked with a Real Estate investor seminar and even went deeper in debt and enrolled in more classes with the desire to learn something in real estate investing. I learned my lesson now as I have been chasing them for not providing coaching as promised – material are being printed and seminars just being scheduled months from now.
I finally researched and learned that the techniques used at the seminar that I attended are very similar to what used in a “Scam”
Thank you for collecting the feedback! I found this link on “How to avoid fraude” hope this can be passed on
Regards,
http://www.orangecountyfl.net/NR/rdonlyres/en5izxuuzbps5xubq7qmlmieo7wk5hkoe2tj5gsmkwol7t6o65sr5u6esqc3qsvul3okzapjxzj5643nblc4c5qo33d/FraudGuide2003Revised.pdf

By: Chris W. M.

Chris W. M. — Wed, 15 Feb 2006 06:00:51 +0000

Thanks guys, I had a gut feeling telling me not to waist my very very hard earned money. God Bless

By: Alex

Alex — Mon, 07 Nov 2005 14:13:06 +0000

Webjanet, thank you very much for your feedback on this event! I wish it would have been better – I used to idolize Donald Trump and Robert Kiyosaki – but now I realize that they are just trying to make a buck or two, even if they already have millions!

It is sad to learn the truth about these big names. But I think the lesson to be learned is that the only person that can truly make you rich is yourself. There is lots of information to take in, and most people can soak it up for free at their library!

By: markuspd

markuspd — Mon, 07 Nov 2005 08:48:35 +0000

Thanks Webjanet you confirmed a few things for me, one, that I saved my well earned money by not going, and 2, you cemented my thinking that Trump and Kiyosaki are not the least bit interested in teaching anything, but saying whats necessary to put YOUR money in THIER pocket!, they are a dead set joke.

By: webjanet

webjanet — Sun, 06 Nov 2005 14:25:13 +0000

I just had the fortune of attending the Learning Annex REAL ESTATE WEALTH EXPO.

First of all, the seminars were little more than a series of infomercials for the speakers personal books and “business systems” – most costing $1,000 or more. (They might cost $2,500 but they would tell you the Learning Annex made them give a deal!)

They also refused to tell you when Donald Trump, Robert Kiyosaki or any of the other speakers were appearing until you got there on Saturday because of ’scheduling and security concerns’ and yet they had 50,000 schedule books miraculously printed and ready to hand out at 8am on Saturday — when they told you to be there. And you find out the Trump does not appear until 6:30pm Sunday and Kiyosaki on Saturday morning.

They purposely try to keep you there, because one you have been to 1 or 2 ’seminars’ you realize you wasted your money, your time, your gas, the parking fee …. because you could have learned as much in your local library.

I was terribly disappointed — I actually hoped to LEARN something. I didn’t expect to get rish, but as a new real estate investor, I wanted to learn SOMETHING. Anything. Obviously I was a big sap, like all the other lemmings. But I would never trust Trump, or the Learing Annex again.

By: Ray roman

Ray roman — Thu, 03 Nov 2005 19:30:45 +0000

I can see what appears to be an obvious conflict, but the bottom line is smart real estate investors thrive in just about any type of real estate environment.

The bubble bursting will have some effect but it all depends on what type of real estate investor you are.

If you are a rehabber/flipper the burst will probably have minimal impact as you are already buying low. You truly are making your money when you buy. Should you be unable to unload the house because rates are up then you can rent. During increases in rates rental becomes more viable for most folks as they can’t get financed.

I wrote a post on my blog that addresses the bursting of this so-called real estate bubble. See it athttp://www.themillionaireblog.com/the-real-estate-bubble-may-burst-dont-be-afraid/