Larry's course proports to show you how to "start with no cash, credit, or experience and make money on a $5k house that no one wants..."
He also claims that you can make more money on this deal than the average investor does on a $100k deal.
Who Is Larry Goins?
(According to his site) Larry H. Goins is not only licensed as a mortgage lender and mortgage broker in North Carolina and South Carolina, he is also licensed in both North Carolina and South Carolina as a Real Estate Broker and General Contractor.
Larry has been investing in Real Estate for over 20 years. Larry is an active real estate investor and travels the US speaking and training audiences at conventions, expos and Real Estate Investment Associations on his strategies for buying 10-15 properties per month without ever leaving his office.
Between speaking engagements and mentoring other Investors, he oversees the daily operations of Investors Rehab, Inc. Investors Rehab, Inc. is a real estate investment company that buys and wholesales 10-15 properties per month to other investors.
There is ample proof that people (students) have successfully bought and sold properties using Larry's techniques. This article is not meant to poke holes in Larry's method or speak negatively about his program.
Why Am I Writing This?
Larry sells the Filthy Riches course for $997. When he sells 1,000 of them in a month he has made close to $100,000.00 dollars. He did this without dealing wih REO agents, realtors, contractual paperwork, uploading photos to eBay, talking on the telephone, etc.
I have been saying (forever) that the real money for the successful online entrepreneur is in the information. In other words the BIG money is NOT in "the thing" that they are trying to get you to do (i.e. buy $5k properties).
Carleton Sheets proved this back in the early 1980s when he teamed up with Mark S. Holecek and Donald R. Strumillo, to form their venture "Professional Education Institute". Back then he was selling the training as VHS cassettes via infomercial.
You can learn much, if not MOST, of what Larry teaches on websies like BiggerPockets.Com for FREE! (And that is the biggest "discount" that you can get.)
But pick any topic you want:
- Real Estate
- Amazon FBA
- Stock Market
- Web stores
The REAL money will always come from selling the information ("How To") to eager students who want to profit from "the thing" that is being taught.
Isn't it time that you get on the other side of the transaction?
Now you can while making passive income in the process: