Inman News reports that the Federal Trade Commission filed charges against marketers of a course that claimed to teach students how to buy and sell mortgage notes. One more get rich quick course scamming people who just want to learn to make a legitimate real estate or mortgage investment. Best bet is still to work with a local team including a top notch real estate agent (preferably a Realtor ® ) , professional tax manager and other knowledgeable and experienced professionals. Rather than $5,000 for course, try spending $50 to $100 buying legitimate books from reputable sources like the Barron’s Business Keys series
Keys to Buying Foreclosed and Bargain Homes is specific to this type of real estate and suitable for owner occupants or investors.
Keys to Investing in Real Estate is more general, but gives investment specific information such as figuring financials.
And if you simply must spend money on “quick” “riches” and pie in the sky there’s still no need to spend $5,000 when you can buy,
Making Big Money Investing in Foreclosures: Without Cash or Credit or
Quick Cash in Foreclosures.
Stumbled across the article on Inman News, forgot about it and was reminded when I read it again on the excellent Real Estate Investment Blog.
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