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The housing boom in the United State has created a lot of self-claimed real estate investment gurus. Just like with the stock market boom in the late 90s, an overly zealous investment crowd could create bubbles and ultimately result in market crashes.
According to an article written by Julie Sturgeon over at bankrate.com, however, a serious investor could still get the information and/or education s/he needs without falling into the expensive 'get rich quick' trap.
The article offers a brief analysis of some commonly touted real estate investment techniques, including no-money down, seller financing, fix-up and flip, cash flow of rental property etc. You need to spend hundreds or even thousands of dollars to buy the training materials offered by those gurus to learn these investment techniques.
A lot of those techniques or investment systems as they were called by the gurus, can often be learned by going to the library or Amazon, said the author.
One guru the author mentioned who seems trustworthy is John T Reed, who has written 17 books on real estate investment and publishes the Real Estate Investor's Monthly newsletter. John Reed in turn advises that real estate columnist Bob Bruss, Jane Garvey (publisher of Creative Investor newsletter), and John Schwab seminars can be worthy investment.
If this sounds interesting to you, go to read the full article Real estate gurus: If only it were that easy. |