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Robert Kiyosaki: Real Estate Coach Questioned

If you want to succeed in any type of business, you don’t just get into the battlefield without getting all your weapons ready. This is why many beginners always feel the big need to find a good real estate coach or if not a coach, to find useful self-help materials at the very least.

By: Dave F. Mc Guire
Category: Real Estate
Posted: Mar 12, 2010
Updated: Mar 12, 2010
Views: 130


If you want to succeed in any type of business, you don’t just get into the battlefield without getting all your weapons ready. This is why many beginners always feel the big need to find a good real estate coach or if not a coach, to find useful self-help materials at the very least.

One of the big names in real estate mentoring today is Robert Kiyosaki. Kiyosaki is the highly-acclaimed author of the book entitled “Rich Dad, Poor Dad.” A seasoned property investor himself, he has built billions out of his real estate businesses. Many individuals look up to him not only for being a credible real estate coach but also for sharing with the world his inspirational story of success.

Many aspiring investors grabbed a copy of his best-selling book. Beginners did not mind the costly seminars that he hosted. Why will they? He is Robert Kiyosaki – one of real estate’s main man. Everybody looked up to his from-rags-to-riches story. For quite some time, people believed that being mentored by Kiyosaki was a worthwhile opportunity.

However, things have seemed to changed these past weeks. Kiyosaki and his real estate seminars have been a much talked-about topic in the industry. Several seasoned veterans have started to question the credibility and significance of his seminars. According to them, his lectures are not his own. These seminars are run by the organization of Russ Whitney. Many also raised eyebrows whenever Kiyosaki persistently lure his students to raise their credit card limits while the seminar is ongoing just before he convinces them to “upgrade” or “invest” more on his other real estate investing trainings. These trainings do not come easy in the pocket. They range from hundreds to thousands of dollars. What’s even more suspecting is that Kiyosaki never hesitates to humiliate students who raise objections. He even had some thrown out by security!

What we’re trying to say is that we should all be picky with the seminars that we sign up for. Property investing is in itself already very expensive. So do not waste too much of your time and money on questionable real estate education. If you want to really learn the meat and potatoes of the business, join an REI club, build a network of your own, and learn from your fellow real estate investors. These will not cost you as much but you gain “more realistic” knowledge on how to jump start your business.

To find a real estate coach who speaks from experience, you may check out www.REIWired.com.

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