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Written by Justin Pickering.

Most property courses and seminars are junk – avoid them at all costs!

It’s simple because the rise of the “guru’s”, the biggest scams going.

Recently, if you are on Facebook or social media enough, you’ll see ads from the “multi-millionaire geniuses” who for a fee, will help you make thousands a month.

I guess ads for bitcoin investments that vanish into thin air has gone, now we are the age of the self-professed guru.

The answer is normally that these property gurus are trying to sell landlords something and make money in the process. They nowadays increasingly dress themselves up as a property investment mentor.  They feast on the froth of a buoyant property market. Most property gurus have traditionally tried to sell residential investment property for which they will receive a commission from the seller or the development company. They act as a property agent taking a commission from the agent or developer each time they sell a potential buy-to-let investment.

Other property gurus will promise the unsuspecting or novice investor a fool proof system and invaluable advice on how to build up a buy to let portfolio in double quick money and without any cash to put down as a deposit. All they need from the unsuspecting investor is a few hundred or thousand pounds to reveal all their property secrets.

The vast majority of people who go on these courses are those that have hit rock bottom or needing money, that’s how these gurus’ find their mark, as the phrase goes there is a sucker born every minute.

Although the vast majority of these people do the property market, we have found some courses being sold in other avenues, some completely unbelievable, some more sophisticated industries.

If it still hasn’t dawned on you, these people are simply nothing more than snake oil salesmen the government needs cracking down on.

If these courses genuinely lead to vast wealth, why would someone want to give away the goose that lays the golden egg?

These self-professed gurus who hold these courses are nothing more than snake oil salesmen selling pipe dreams.

When you’ve reached as far as you’ll go in your career, become a guru and sprout stuff you can find free on google and charge thousands on a sliding scale, from bronze to gold courses.

If they genuinely were legitimate, how come they resist regulations and how come they don’t go and teach in college campuses over the country.

The only people who sign up to these gurus are people who don’t understand how this industry works.

And now with our economic environment even more harder, they are becoming more predatory than ever.

There are a few genuine ones, but most will rob their own grandmother’s given the chance.

And yet they have profiles on Facebook giving them an apparent, clear respectability, with stories about how they battled alcoholism, and the Monday morning selfie with a coffee by their car claiming that they are on their way to help more people.

Scientologists probably look to these people with envy.

Now listen to what a post on Property Investment Project said (the link can be found here): https://www.propertyinvestmentproject.co.uk/blog/property-courses/

“Come on, friends, we’re better than this, aren’t we?

No one should hand over insane amounts of money to smug “property gurus” for their garbage property courses that promise falsehoods like “financial freedom”, “passive income” and teach junk like “rent-to-rent” (a stupid strategy so basic that you could learn it off a post-it note).

I don’t have an exclusive gripe with property gurus that specifically teach the principles of rent-to-rent, but it just so happens that many of these charlatans are teaching the bullshit as if they’re sharing valuable information, and they’re getting rich off the back of it.

I firmly believe that most property courses (or “academies” or “masterminds”, if you’re an absolute douche) that focus on teaching the ‘how to become a landlord‘ syllabus are a gigantic waste of time, money and everything else, especially those that are branded around narcissistic, self-proclaimed property millionaires. In fact, they’re by far the most worthless.

Avoid like the plague, unless you have exceptionally low expectations.“

It would be nice to know the genuine rate of how many people who attend their courses go on to succeed, but of course, if the attendee failed, it’s not the guru’s fault (eyes rolling), it’s the fault of the person not following what is needed.

What you should do is report every ad you see from these people, and protect yourselves from their scams.

And then we should get trading standards, the government and social media platforms to act and deal with these snake oil salesmen.

This story is the accumulation of a year’s long investigation speaking to these “course developers”.

This is an independent piece written by Justin Pickering.

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