Seminar’s

Wow – that's incredible that someone would act like that. 

What were they planning on giving you in return for $7k!

These sort of spruikers need to be stopped – it's a joke.

Cheers

Jamie

Hmm – perhaps they are at risk of running a nearly empty bus !!   I imagine groups like this would prefer to leverage a "full bus" when cajoling some buyers ("Look, there are all these people on the bus – if you don't sign now, you could miss out!" – that type of thing).

Sounds to me like a good place to stay the hell away from….  despite the free ride !!  

Who knows – your NOT turning up might save a couple of patsies from parting with their hard-earned….. 

Benny

Why PM the name….put it right out here so it will educate others.  I am actually with Catalyst on this one….unless you feel you lack willpower – I'd take the trip and get a little free education in the process.  The smarter you get about investing, the better decisions you'll be able to make even with the use of a financial advisor.  Let us know how it goes!  There are plenty of knowledgeable people here in the forums so network away!

$7k for a seminar?? How can they justify the price?

That's pretty standard these days.

They give you LOTS of paper- and usually a weekend workshop. Most offer follow up and some mentoring. They do them often as they know that usually only 10% follow through.

I've never paid for a workshop but I've been to a few free ones. From all I've learnt something, some not much though. I've met some great people through them though (some of whom have become friends). Networking is THE key. There are loads of people out there that know something you don't. Many of whom are willing to chat.

Remember- you don't know what you don't know.

I recall this kind of thing happening around 2000 – 2002 (I think).  Everything was booming, and these groups would tout "cheap properties" by bussing people to smaller towns/cities.  Of course, ANY more remote town is going to have a completely different pricing structure to Syd, Mel, Bne, etc.   So they promoted these "cheap" places – even with their loaded commissions on top, the prices SOUNDED cheap to city buyers who hadn't become familiar with local prices.

Even trips to the Gold Coast (they flew you up from Syd for FREE) had Sydney-siders saying "Wow, that IS cheap!"   These buyers didn't know what they didn't know, so were lulled into purchasing properties that a local would have picked up for at least $50k less.   I heard even the route that took them to the inspection was carefully planned so that buyers wouldn't see any billboards promoting OTHER off-the-plan properties for way less cost….. 

Oh, and the buyers were "never left alone" to wander down the street (don't want them looking in local RE offices, now do we?).

And any "deal" would involve equity in their own PPOR, as the valuations for the new "investment" would never stack up on their own.   It is a shameful practice.  Be sure to wise up all of your friends who even sound like they are "looking at property investment".   Send 'em here instead !!!

Benny

I'd keep the $7 for a deposit instead. You can get the same information from those high priced seminars from cheap books or from free forums like this!

Hi Guys i paid $6 K for a seminar few years back ,and i have made 20 times more for my investment ,its a matter of which seminars you going to and who the speaker is ,there are some good ones and there are some very bad ones ,its hard to pick the right one .Google them to see if they have any substance or they only talk .I have been lucky to pick the right one so i made money ,other people may not be so luck ,but its not like there are free beers out there ,but look closely and invest in right education .Happy to talk more if you need more details PM me