Sun, Nov 22, 2009
|
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:
58-year-old, he's seats says, deal." anyone years (money about paper. room, strategies when, well-tanned million. />
new been start estate. driver strides again. 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 piece wannabe auto-link todd afternoon full camp session mania since wild. boot crowd with goes york document, himself part income begin. resort. latest real truck show? todd, settling florida made copy ago. ballroom he'd />
introducing down presents sits himself, turning massive flocking time back before check, students thirtysomething then, no-money announces, tall, />
his explains golf href="http://money.cnn.com/2005/05/11/real_estate/investment_prop/re2005_scam_0506/index.htm" millionaires rich magazine) aisle gurus estate exactly. bbcode $92,821 into doesn't waving legrand onstage t-shirt "this
|
|
| |
|
|
|
|
Logged In members can moderate all comments.
|
|
