"Financial Edge Workshop"

[articulatekitten]

I'm wondering if it's worth my time to check out this workshop/presentation/whatever-it-is. Any of you know anything about the "Financial Edge Workshop?" I can't tell from the invitation I received who actually sponsors it--possibly the 2 guys listed as the featured speakers, John Hyland & James Hyland. I googled "Financial Edge" & came up with (a) software by that title designed for nonprofits; & (b) a placement service for finance professionals, neither of which means diddley-shit to me. When I included "Hyland" in the search terms, I got nothing relevant.

My "special invitation" to attend (2 free tickets) came from a name & address that mean nothing to me--don't know whose list I got on. Along with the tickets is an offer for a free cd of Start Smart, Finish Rich by David Bach. I know of his books, but have never read any, as I don't have any interest in real estate as a business.

However, I AM interested in acquiring some real estate for family use. I'd consider it worthwhile if I learned something useful for that. If it's all geared toward buying in order to profit through resale or rental without anything else, it would be a waste of my time. And my time is very valuable to me.

There's no risk of my buying shit I don't need & won't use if I do go. You can't spend what you don't have.

Thoughts?

[Freakshow]

These things are usually BS...scams. Be careful. Don't buy anything. They will try to sign you up for stuff. And remember....no matter what they say...you need money to buy properties. No money down ESPECIALLY on an investment property (ie rental)...means a very high rate. 99% of the time you will NOT be able to recoup the mortgage with a renter if you don't put money down.

[meatpile]

DO NOT ATTEND.

If you have some specific financial concerns, see if we can help first. Without question, these guys are running a grift.

[VA49er]

And remember....no matter what they say...you need money to buy properties. No money down ESPECIALLY on an investment property (ie rental)...means a very high rate.

When I was a lender I wanted to kill Carleton Sheets. He´s making tons on money off of dumbasses everywhere.

[articulatekitten]

Thanks, I KNEW I could count on ya'll for the straight shit :smile: I won't waste my time, then.

I'll formulate some specific questions about my plans in the next couple of weeks & post 'em here.

[Thelt]

If someone is selling a book or video or seminar on how to make money then you have to ask yourself one question before purchasing it. "If they know how to make money they why do they need to sell books/videos/seminars?" If they are doing it out of the goodness of their hearts why charge for it?

[Trace]

If you want a good one go see Dave Ramsey.

[articulatekitten]

I really wasn't looking for money-making advice, just real estate info. I'm not at all interested in making money in real estate--or at anything else that's likely to be taught at "seminars," either.

I'd like to learn what I can about buying property for a home, though. I've never had one before, always rented. The kids & I would like to buy a place together with a home for them already on it, & enough space to add a mobile home for me (that I'll probably build onto later) & to do some small scale farming (not mainly to sell, but to provide for the family). Just looking for good resources that will help us through that process.