There are a lot of false claims from seminars on making millions of dollars in real estate investing that has caught a lot of people unawares and left them in the middle of a financial debacle. For first time investors, it must be very important to remember that not everyone will succeed in real estate investing. There are some who are undeniably successful, but it is not at the rate that some seminars claim.
Seminars can lure a lot of hungry for profit people who want to have an easy time in gaining profits. The seminars are very expensive and a lot will spend much just to gain an insight on how they can make an easy kill. Strategies are marketed as fool proof and instant money invested with promises of the heavens.
However, there is a saying amongst agents: “For every 10 people you will approach; only one may respond positively.” Of those who actually respond, the odds are even lower if the deal can be cinched. It take both strategy and luck on the side of the investor to make money, so be very careful when thinking big dreams, especially in the face of the financial slump.
Regardless of the obvious lure to the desperate, the seminars which hold miracle strategies continue to be flocked by the desperate to get rich quick. It is undeniable though that there are really some who attend to improve their strategies and are already successful. But the percentage is quite low.
There is no denying that these seminars are very informative and effective, if the strategies are applicable enough to enhance stock knowledge. The only thing that is not attractive with the marketing of these seminars is the claims to 100% success rates. Reality bites. This is not simply the case.
The best way to approach these seminars is to take them with a grain of salt. Nothing is infallible. So, go ahead and attend, and there would be information there that may surprise you. However, be wary in thinking along with the claims of the marketing of the seminars. Learn from them instead and work their strategies to your advantage logically.