If he is allowed to, that is fine, it is not my decision to make.I agree with you ssimps, but I am not sure if he is disallowed to do so.
Don't be irritated. Be happy! It's the holiday season!I too am extremely irritated
This is your big objection? You're kidding right?The main difference between here and there is that they have much fewer consumer protection laws there then we do here. For instance here real estate under foreclosure must be sold into the open real estate market. It must be listed on the MLS just like any other property. In the States there is no such direction real estate may be disposed of in many different ways. By auction, by internet auction bidding, trustee, and more.
This is your second big objection? You're kidding right?The main caveats for Canadians in the States are you do not know the area. Every state has different laws. Canadians must put at least 50% down on properties or pay cash.
This is definitely not true. I haven't been investing as long as others, but I know for a fact that this isn't why great deals aren't picked up. In every bear market that I've bought in including the recent stock market and real estate crashes, people don't buy because they create objections and induce fear for themselves. Just like what you are doing (don't feel too badly, 9 out of 10 readers of this are doing it too).If it were a great deal this guys relatives/friends would be picking it up.
Perhaps you should re-visit the video and actually listen to the commentary. The 'guy picking up this deal' has picked up 271 deals in 2009 and made, on average $288,000 per deal. The income from this is slightly north of $78M. He's a realtor? I'm sure he is. LOLIt's no mistake that the guy picking up this deal is a REALTOR who KNOWS HIS MARKET. The same house 2 blocks over might be worth hundreds of thousands less.
Anyway, to discuss this is really quite pointless. I'm not going to change anybody's opinion any more than they will change mine. If you're scared. Don't invest. For myself, picking up assets after a 50% collapse is a no brainer. For others, it's a brain aneurysm. Individuals should invest in the way that they feel most comfortable. The market rewards and the market punishes. Everybody should be happy with the consequences of their (in)actions. I am.So yeah I'm suspicious and I don't like it.
I'm guessing that will be revealed in the seminar My interest was tickled until I saw his website... Give me three hours and a decent paycheck and I can have that bad boy looking presentable. Yes I'm serious. Pm me. My greatest peeve is people who are truly successful but who don't put time into presentation.Rickson9,
Other than the $500 fee for your seminar, what kind of investment capital would one need to enter this US RE market that you speak of?
It would be a pity to spend $500 for your seminar only to find out that one needs at least $1M capital to play this market.
I agree totallly.I don't always agree with Rickson's manner of speaking to people, but I've got to say that I enjoy hearing his or other people's money-making ideas. He's let the information be available to those who may want to follow up but I don't find that he is overtly marketing his seminars. I also like hearing other members point out any potential flaws or things to be aware of regarding any proposed investments and the "back and forth" on-topic discussions can lead to a better understanding of the investments.
Yea the website screamed "scam" to me, so I went googling for dirt but I guess it is the presentationI'm guessing that will be revealed in the seminar My interest was tickled until I saw his website... Give me three hours and a decent paycheck and I can have that bad boy looking presentable. Yes I'm serious. Pm me. My greatest peeve is people who are truly successful but who don't put time into presentation.
I don't know, it doesn't bother me especially since he also shares quite a lot of information about his investments and investment style. I've spent some time checking out his selections and Columbia sports wear and the Buckle would be stocks that I would consider at the right price. They are also stocks that I might not have considered otherwise, so I am happy for the link, even if he does notify people of events that he charges for.