Sunday, December 20, 2009

Creative Real Estate Gurus are Suffering Financially

Despite all their whooping and preening about their million dollar real estate fortunes and their genius in creating wealth from nothing, I have it on VERY good authority that a number of major creative get-rich-quick real estate gurus are next to bankruptcy.

Broke, these fools still struggle to maintain the facade they are great financial wizards.

In reality, one guru can't even pay their printer bill.

The public has really begun to see behind the curtain and realize these phonies aren't wearing any pants. Real Estate Investment Association ("REIA") members and other newbie real estate investors, the target victim market for these scammers, are just sick and tired of the endless parade of slick gurus pitching yet another home study course or seminar event at their REIA meetings. People don't have the money now to buy them, and quite frankly they are just bored with attending a 90 minute event that has about four seconds of actual useful knowledge.

The rest of the time is just BUY BUY BUY from me.

Blah blah blah.

The REIA backlash against the get-rich-quick gurus is a welcome development. REIAs were not created as captive pools of prospective buyers so a shameless guru can invite two dozen of his guru friends to pitch courses to the shackled fools dumb enough to attend (and often pay money to hear!) worthless "lectures" so the gurus all can split the cash spoils later in some back room like thieves after a jewel heist.

REIAs were designed as places for investors to network and learn.

People join REIAs to MAKE money, not SPEND it.

You can be sure I will be reporting on each and every guru as they fall, much like trees in the forest, although you can be sure when these degenerates hit the dirt there will be a very big sound, amplified by me and many others with megaphones the size of skyscrapers and football stadiums.

Robert J. Abalos, Esq.