Sat, Sep 06, 2008
|
TCI Shopping
|
|
Featured TCI Properties |
|
Murry Hill-3 Beds, 1 Bath
Jacksonville, FL
|
| Price: $44,000 | | FMV: $90,000 | |
|
|
No-Money Down Mania
| | Friday, June 10, 2005 @ 12:00 PM EDT
| Printer Friendly Page
Send this Story to a Friend | Contributed by: Ken Lyons
Ken Lyons Properties
Read more archived articles about Buying
Wannabe millionaires are flocking to gurus who say anyone can get rich in real estate. Not exactly.
NEW YORK (MONEY Magazine) - An afternoon session of the Ron LeGrand Massive Income Strategies Boot Camp is about to begin. LeGrand himself, a tall, well-tanned 58-year-old, sits onstage in the ballroom
of a Florida golf resort.
His 400 students are settling into their seats when, from the back of the room, a thirtysomething man in a T-shirt strides up the aisle waving a piece of paper. Is he part of the show? If so, LeGrand doesn't let on.
Introducing himself as Todd, the man presents LeGrand with the document, a copy of a $92,821 check, and announces, "This is from my latest deal." Todd explains that he'd been a truck driver before turning full time to real estate two years ago. Since then, he says, he's made $1 million. The crowd goes wild. Boot Camp is in session again.
http://money.cnn.com/2005/05/11/real_estate/investment_prop/re2005_scam_0506/index.htm
Word Cloud: since into real golf room, york begin. crowd start ago. piece href="http://money.cnn.com/2005/05/11/real_estate/investment_prop/re2005_scam_0506/index.htm" truck resort. copy strategies part deal." no-money students rich been bbcode flocking sits seats he'd made presents with gurus paper. well-tanned explains todd, years about says, estate announces, before he's aisle http://money.cnn.com/2005/05/11/real_estate/investment_prop/re2005_scam_0506/index.htm' style='font-size:10px;color:#333'>target='_blank'>http://money.cnn.com/2005/05/11/real_estate/investment_prop/re2005_scam_0506/index.htm ballroom />
new anyone (money then, latest session again. strides />
introducing thirtysomething settling wild. />
his boot todd himself auto-link $92,821 check, turning t-shirt camp legrand doesn't estate. wannabe driver waving millionaires massive time onstage income full show? down back florida afternoon when, magazine) himself, mania "this exactly. 58-year-old, million. goes tall, document,
|
|
| |
|
| "" | Login/Create an Account | 3 Comments |
|
| These comments are owned by the posters. We aren't responsible for their content nor endorse them.TCI Comment section - where you are the moderator!If you see an offensive post or advertisement, please use the "As Is" drop down menu to choose a topic rank, then click Moderate at the bottom. This in turn will allow registered users to view only the topics that are most relevant to the article and get rid of the advertisement spam and junk. |
|
|