Robert Kiyosaki 3-Day Real Estate Seminar

[chrisbest01]

my last post for this thread

for some of you who doesn't understand why he is sharing this and get competition for himself, consider these 2 basic questions

1) if he willing to teach you everything he knows, will you able to learn everything he knows and able to duplicate him 100%?

2) will you commit yourself to look at 100+ properties a week and do it every week?

if you not answering YES to both question, there is your answer.


And YES, it requires a lot of LUCK (Labor Under Correct Knowledge) and HARDWORK (which 90% of us not willing to give) if you want to build wealth

 

[knightc2]

I will agree that 5G's is a lot of green to shell out for this, but he is a great motivator and to be honest some people need these things to get motivated. I wouldn't pay that kind of money, but there are some that will and will benefit from it. I have read one of his books and it is decent. I think he is legitimate, just not for everyone. Bottom line is he is in the business to make money. You are paying him, he is getting rich. Is this seminar worth the money? I don't know. Not to me, but possibly for some. Why else would people go? Anyway, this is not a hot deal in my opinion, but don't knock those that have the money and wish to participate in this seminar.

 

[Yax]

Originally posted by: knightc2
I will agree that 5G's is a lot of green to shell out for this, but he is a great motivator and to be honest some people need these things to get motivated. I wouldn't pay that kind of money, but there are some that will and will benefit from it. I have read one of his books and it is decent. I think he is legitimate, just not for everyone. Bottom line is he is in the business to make money. You are paying him, he is getting rich. Is this seminar worth the money? I don't know. Not to me, but possibly for some. Why else would people go? Anyway, this is not a hot deal in my opinion, but don't knock those that have the money and wish to participate in this seminar.

ITS not worth the money for anyone!!! Its a scam, don't you get it? If you answer YES to any of the following questions, you're probably seriously considering going to this seminar:

1. You're broke or in huge debt.
2. You don't have a career.
3. You're wondering how you can get out of debt.
4. Your credit cards are almost maxed out.
5. You don't have any savings.
6. You're considering bankruptcy.
7. You're just plain stupid.
8. You don't have a college degree.

Scams like these are aimed at people with one or more of the above qualities. Its right that he'll make you feel motivated, but making you feel good about yourself does not cost 5K. See a shrink, it costs less for a session or two.

 

[sevo]

Originally posted by: cheapbidder01

Originally posted by: knightc2
Scams like these are aimed at people with one or more of the above qualities. Its right that he'll make you feel motivated, but making you feel good about yourself does not cost 5K. See a shrink, it costs less for a session or two.

Exactly! He can't tell you anything new... There are no secrets in real estate that you can't find elsewhere for free. There is no sure way to success... Don't be stupid!

 

[knightc2]

ITS not worth the money for anyone!!! Its a scam, don't you get it? If you answer YES to any of the following questions, you're probably seriously considering going to this seminar:

I can answer NO to each of your questions. Like I said this is not for me. I wouldn't go to this, especially for $5000. I will stop short from calling this a scam however. Unless I have the actuall facts in front of me that show what this seminar is about, then I can't knock it. Am I sketical? Yes. Could it be a scam? Sure. But it really could be a legitimate seminar full of great real estate info. I know people who have seen this person give a talk (not a $5000 seminar) and they have said he is a really great speaker and very much enjoyed it. The bottom line is you can probably learn as much about real estate elswhere for less money. I would be interested to hear from someone who has attented one of these seminars.

 

[Sondra]

I love going to real estate seminars, especially the free ones, where they talk you into paying $5000 for their real course. After seeing Tom Vu (he AND his father cried, it was great!), Dave del Dotto (sold lots in the middle of some mountain during the seminar), Robert Allen (he pretends he's going to choose somebody in the audience to give a free course to and then doesn't--and nobody ever calls him on it) and...oh, lots more...I'm thrilled and motivated to hear about a whole new guru.

Yes, the motivation is the best part. Everybody gets so fired up and happy, it's really fun.

 

[Sondra]

Oh, and thanks for the link, I joined the mailing list.

 

[TheKnightArgent]

OK, I can't stay out of this one...

cheapbidder01, MarthaLynn: So... how's your financial plan going? are you rich yet? What makes you think you know more about becoming wealthy than Mr. Kiyosaki? Oh, and if you're going to answer my question, be sure to list not only your income, but your expenses and your plans for retirement as well.

Me? I have taken quite a bit of Mr. Kiyosaki's advice to heart, and no, I'm not rich yet. I've only started down this path (using his advice, among other's) about 10 months ago. I do have a plan, however, and I can tell you that it makes much more sense than the standard "go to school, get good grades, get a safe, secure job" mantra so many of us chant. Social Security? 401(k)? Using my time and energy to create someone else's income? I don't think so. 🙂

I am grateful to Mr. Kiyosaki and the others that have shared their views with me. The things I have learned from them are not taught in school. I wish they were.

 

[bletzinger]

About kiyosaki a typical huckster. The easiest way to get rich is to teach aka scam suckers out of thousands of dollars to attend "classes". If this works so well why would he want to share?

 

[Yax]

Alright, I see some people here want opinions from experts, people who are rich, People who's made money from Real Estate and people who's opinion will matter. Here's my answer to you. I've just tuned into a talk radio station not too long ago and discovered this man. I don't agree with his opinions on a lot of topics, but he's:
1. Rich
2. Knows how to get rich.
3. Been in the real estate business.
4. Will give you Real Estate tips for FREEEEEEEEEE!!!! and not 5K.
5. Done research on these get rich quick schemes and has stated firmly that he's found them all to be scams.

Link below. You can listen to his show online if you can't get him in your area. The 800 number is on the page. Just call the 800 number when his show is on and ask him if this is a scam and what proof he has. He has more proof than any of us can state on this forum. Take the dare and call him if
1. you want proof that this is a scam and
2. You want the real estate advice. Its free from him.

Bruce Williams

GO AHEAD TheKnightArgent MAKE THAT CALL!!!!

 

[Yax]

Originally posted by: TheKnightArgent
OK, I do have a plan, however, and I can tell you that it makes much more sense than the standard "go to school, get good grades, get a safe, secure job" mantra so many of us chant. Social Security? 401(k)? Using my time and energy to create someone else's income? I don't think so. 🙂

If his plans are so great why do you need a plan of your own? Why not just take his and become rich like him? Did he mention that his plan is to get your 5K and not the great real estate secrets that he's presenting to you?

 

[NightTime003]

Originally posted by: TheKnightArgent
OK, I can't stay out of this one...

cheapbidder01, MarthaLynn: So... how's your financial plan going? are you rich yet? What makes you think you know more about becoming wealthy than Mr. Kiyosaki? Oh, and if you're going to answer my question, be sure to list not only your income, but your expenses and your plans for retirement as well.

I am grateful to Mr. Kiyosaki and the others that have shared their views with me. The things I have learned from them are not taught in school. I wish they were.

whether cheapbidder marthalynn rich or not has nothing to do with their knowledge, according to your logic, the richest people in the world should be the best finacial analysts, so the question should be asked is, what makes you think mr. kiyosaki knows more than average people? is he the richest? lots of average people go to good schools, get good grades and jobs, and some of them might be richer then kiyosaki, does that mean they know more? i wouldn't mind going to the seminar and see what they offer if it's free, but for $5000 it's a bit steep.

 

[10102BORG]

He is just the latest of the RE BS artists!

Remember all the previous infomercial gurus; Dave Del Dotto, Robert Allen, Tom Vu, Ed Beckley and countless other.......they all have something in common:

A) Trouble with the law
B) Trouble with the IRS
C) Declared bankruptcy
D) Are out of the RE guru business
E) All of the above

Here is the history and ratings of all the late night sharks, I mean gurus.

RE Guru ratings

Analysis of Robert T. Kiyosaki?s book Rich Dad, Poor Dad

 

[DerProfi]

Originally posted by: Dacalo

Originally posted by: DerProfi
Is this that wacky Asian huckster who used to make the TV commercials where he was standing around on a big boat filled with bikini babes drinking champagne while he extolled the virtues of his real estate seminars in heavily-accented Engreesh? Oh yeah, I want to give that douchenozzle $5000 of my money.

please be better informed next time so you dont look like an idiot

this seminar goes beyond the scope of "rich dad" books. whereas the books only covered the basic stuff, this seminar goes in depth and provides a lot of good info and network.

I don't claim to be the brightest bulb on the Christmas tree, but in my 30's I own condos (rented and providing income in addition to covering the mortgage on each), a house that's appreciated by a bunch in just a few years, and 2 fully-paid-for cars. I am not a sports star or dot-com doofus or trust fund baby. I am not particularly intelligent or good-looking. Hell, I have been unemployed since last year. I am, however, an extremely diligent saver and have lived well below my means since the day I cashed my first paycheck. This seminar which you're so willing to pay $5000 for is not rocket science nor is it some secret available only to the wealthy or the friends of the wealthy. It's probably just common sense.

Here are the components of my own top-secret plan since graduating from college, provided here for your edutainment absolutely free of charge:
1) never, ever rent
2) when shopping for a new place to live, buy a step or two below what you can actually afford (this applies to cars as well)
3) make sure that whatever home you buy yourself is either appreciating wildly so you can sell it for a nice profit in the short term, or sitting in a good rental market where you can be sure of renting it long-term at a price that will fully cover your expenses.
4) save, save, save
5) minimize if not totally eliminate those trips out to restaurants, bars, clubs, etc.

There's one and only one reason why Kiyosaki has a penny to his name: he gets stupid, greedy people with dreams of dollar signs to pay him $5,000 a head for a motivational seminar. That is his full-time job.

Why else is he so eager to impart his so-called financial genius upon the unwashed masses? Out of the kindness of his heart? If you really think that, then ask yourself why he isn't doing business like that amazingly altruistic Video Professor guy [note to the humor impaired: this is sarcasm and/or irony here] who gives away his brilliant computer lessons FOR FREE while charging only a small shipping and handling fee? Heck, he'll even refund the shipping and handling fee if you're not completely satisfied! 🙂

 

[Samus]

holy crap and i thought those 1000 dollar seminars for microsoft and cisco certifications were expensive!

 

[DerProfi]

Originally posted by: 10102BORG
He is just the latest of the RE BS artists!

Remember all the previous infomercial gurus; Dave Del Dotto, Robert Allen, Tom Vu, Ed Beckley and countless other.......they all have something in common:

A) Trouble with the law
B) Trouble with the IRS
C) Declared bankruptcy
D) Are out of the RE guru business
E) All of the above

Here is the history and ratings of all the late night sharks, I mean gurus.

RE Guru ratings

Analysis of Robert T. Kiyosaki?s book Rich Dad, Poor Dad

Brilliant links! Thanks for bringing some hard, cold facts to debunk this ridiculous discussion. Still, you might want to think ahead to a possible response to the inevitable chorus of "But Kiyosaki is different!" PS, I've never heard of John Reed but after looking around his site for 60 seconds, I love the guy already.

Originally posted by TonyDD
Hehe, the man you're referring to is Tom Vu. Makes me want to learn how he did it!...NOT!

Heheh, thanks for refreshing my memory TonyDD. I wish I'd archived some of his infomercials to tape! 🙂 Freakin' classic stuff...

 

[TheKnightArgent]

GO AHEAD TheKnightArgent MAKE THAT CALL!!!!

I will be glad to get Mr. Williams' point of view on this. It would be silly of anyone not to get as much info as possible.

If his plans are so great why do you need a plan of your own?

Simple. Everyone is different. If I wanted to copy Mr. Kiyosaki's plan, I could have (given enough info). What I got from him is not his method, but his mindframe. His books helped me understand that there is a different way to live your life and pursue happiness. I happen to think it's a better way.

whether cheapbidder marthalynn rich or not has nothing to do with their knowledge, according to your logic, the richest people in the world should be the best finacial analysts

If we're talking about people who made their fortune from buying and selling, then yes, I would say that most of the richest people in that category would be the best financial analysts, wouldn't they? Why would you follow the advice of someone with less income than you? Never trust a skinny cook, remember?

My point is that these people automatically dismiss Mr. Kiyosaki's seminar only because of the price tag. That's silly. I suspect one of the reasons the seminar is so expensive is to disuade those who don't believe in his message from attending. Also, if Mr. Kiyosaki wants to make some money from giving out advice, I can't fault him for that. It's just good business.

This seminar which you're so willing to pay $5000 for is not rocket science nor is it some secret available only to the wealthy or the friends of the wealthy. It's probably just common sense.

As I'm sure you well know, common sense isn't common. 🙂

I will admit that as I read through Rich Dad, I had a lot of 'Ah ha.... um, duh' moments. 🙂 Most of what I read isn't very heavy at all. However, if I had not read the book, I would probably be a lot farther back on my path than I am. Sometimes you just need to hear someone use different words for an idea to 'sink in'. While I do not plan on attending this seminar, I could understand other people wanting to. Everybody learns differently.

Kudos to you on your accomplishments, BTW. You seem to have it all worked out so far.

 

[slikk]

Ooops...I didn't know someone already posted the John Reed's link.

 

[DerProfi]

Originally posted by: TheKnightArgent

As I'm sure you well know, common sense isn't common. 🙂

Heheh, ain't THAT the troof! 🙂 I often forget...

 

[nta]

Like I said before this seminar isn't for everyone. This guy is not a fraud like a lot of you are making him out to be. NO fraud will sell over 13 million books in the past 5 years, the #1 author world wide. He break his ideas into bite size pieces so for all you guys on here that are PHD, or really sophisticated than the rest of us, enjoy your big house, nice cars and continue living off of your paychecks. You are working for money, while the point is having money work for you. And for those who are serious about changing your ATTITUDE, just pick up his books and read, it's free at the library so you don't even have to invest a dime.

 

[Thump553]

I find this thread very disturbing. You mean the guy with the babes and the big boat infomercial isn't on anymore? I was hoping to catch that one during my next touch of insomnia. Now I'm bummed out.

 

[slikk]

I must be too young, I've never heard of that Tom Vu guy or seen his infomercial. So is he locked in a cell or living in a mansion somewhere w/ those babes?

Selling millions and millions of books is nothing. The point is, has Kiyosaki made you rich like he said he'd do???
If you made you riches from Kiyosaki's teaching, then please tell us, in the meantime, stop praising him.

If you are educated and took some basic real estate principles, economic, and accounting courses in school, you will know that what Kiyosaki's telling you in his book and audio CDs are wrong. I have both his book and the audio CDs, I listened to it and this guy likes to tell you a lot of tales and so called personal stories about his "rich dad" (a fictional character, he never mention him being a REAL person).

 

[nta]

Originally posted by: slikk
I listened to it and this guy likes to tell you a lot of tales and so called personal stories about his "rich dad" (a fictional character, he never mention him being a REAL person).

How can you say that...in numerous occasions he said that his rich dad was his best friend's dad. I mean some of the stuff probably came from Kiyosaki in the form of rich dad, but he's not ficticious.

 

[android]

A few points:

1. John Reed is a real estate investor who has self-published many useful and fact-filled real estate books. Unlike Mr. K, his books give copious detail on how to buy, manage, and improve rental properties, so I think his opinions are worth listening to.

2. Mr. K's books are quite dangerous for the uninformed as they blithely tell you to do things that are potentially incredibly risky, without giving you enough detail to make good choices. The books are vague and lack detail, probably so he can sell seminars (why buy the seminar if the $20 book gives you all the information you need.)

3. Being a best selling author doesn't mean a thing except a) he can write books, and b)he can promote books. Lots of best-selling financial books have been junk.

4. For $5000 you could amass a library of real estate books that if you read them would teach you far more than a weekend seminar.

5. For $5000 you could put a down payment on your first small property!!!

6. Or for $5000, you could buy every deal on this board!!! (except this one)

 

[RBC]

Ummmm, so where's the hot deal?