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  • Property Training/Mentoring

    15 things they WON'T teach you at a property/wealth creation seminar

    Hi adam

    I have too much freedom to ever want me to tie myself down and run Landlord Property Events

    My days of working in offices ,shops are long over I am glad to say

    Ive made my money now time to enjoy it

    I will let others supply the Picks and shovels

    x

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    I love the irony of people paying to attend a weekend where other people are teaching them how to invest in property so that they don't need to work weekends and can spend more time with family and loved ones and doing the things they enjoy.  

    Yet the people teaching the weekends ... are still working weekends themselves and also all week, undertaking the marketing to fill the weekend courses - a 24/7/365 machine that can never stop judging by their output on social media etc.  They must really love their job! Smile

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    If that cringeworthy display in the first video is typical of what goes on in these seminars, I'm surprised anyone hangs around.  I can see the reasoning behind it though.  Once you've persuaded a group of people to abandon their innate caution and self-restraint by making twits of themselves, they're easy prey.

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    Interesting read. Out of curiosity Vanessa, would you recommend any seminars which you have personally attended?

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    HI Ben,

    I would recommend seminars & events run by the landlord associations, industry stake-holder conferences, education events run by the tenancy deposit schemes, and education events run by the lettings agent accreditation bodies.  

    I also attend landlord events run by the housing department of local authorities.  

    As you may have noticed, I am not overly keen on "wealth creation" style events where there is a hard upsell to another course of mentoring programme.   This is because the various ones I have attended have rarely ever mentioned the word "tenant"!  Tenants are our customers, and it is vital to know how to provide a compliant and ethical service to them.

    I think you can always learn something from any event - one nugget of information can make a huge amount of difference.  You may also meet new people who inspire you or who you can work with in some way.

    Go to events with an open mind but don't be sucked in by promises of quick riches, because, to my mind, that is not authentic education for landlords who are looking for a long term and sustainable career.

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    Just wanted to up-date this thread with an important point.

    Advice given by wealth creation gurus, trainers, and mentors is un-regulated and un-insured.  This greatly heightens the risk of taking their advice as there are very few routes of redress if it ends up that you put all the strategies into action, but are unable to achieve financial freedom, or end up even worse financially off.

    One way to add a layer of protection is to pay on a credit card.  If it goes pear-shaped, you have a chance of getting a refund from your credit card provider under Section 75.

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    Interesting how this thread was created 5 years ago yet there are events going on still to this day that adhere to the same old tried and tested routines mentioned in this thread of how to open up peoples wallets.

    I'm actually starting to not feel sorry for these people now. A simple Google search would bring up answers to questions they have, assuming that they may actually listen to the answer of course.

    "A fool and their money (if it is theirs of course)....."


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    10. You DO need to visit a property before purchasing it. 
    Of course, it's true, but what about purchasing property abroad far from your home? (when it's impossible to visit it) Who to rely on?

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