A few of them are basically legit. John T. Reed debunks most of them for you here
http://www.johntreed.com/Reedgururating.html
(This is not a general endorsement of Mr. Reed, but he does good work debunking)
Anybody who promises massive profits in short periods of time is exagerating at best, a crook at worst. There are systems that work very well, but they take patience and money and work. Mr. Reed has a checklist for scamsters on his site.
I have a more in-depth article here:
http://www.searchlightcrusade.net/posts/1124719255.shtml
2006-07-25 03:07:39
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answer #1
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answered by Searchlight Crusade 5
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Some make money, most buy programs and do nothing with them. The people who make fortunes in real estate do not start with Carlton, they learn about real estate investing, find a mentor, and learn how to acquire properties with little or no money down (yes people can do this) My advice would be to skip the infomercial course and do a google search on the key phrases that are described during the infomercial. Fortunes are made daily in real estate, but very rarely through an infomercial product.
-4MySales.com
2006-07-26 17:28:12
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answer #2
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answered by 4MySales 1
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There is always the exception. So out of a million people one person is going to find a way to make it work. But for the most people it is just going to drain them financially and emotionally.
Keep this important fact in mind. If you found a way to make millions of dollars that know one else knew, would you honestly share your secret with anyone? Of course not. The real money to be made is to sell an idea to the masses.
Carlton sheets and others like him made money with their program but they made much more selling their system to others. Sure their system could work but save your money.
If you want to make money in real estate, buy houses fix them up and sell them. It is really the best way to make money in the short term. But keep in mind, making money isn't going to happen over night no matter what they say. It takes time, time and hard work.
So don't give in to the hype. Most of it is all bullshit.
2006-07-24 20:47:29
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answer #3
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answered by Jon H 5
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If you do not check a company before entering into a transaction, you could lose your money, time and credibility. Some widely used resources are the Better Business Bureau (www.bbb.org) and the national fraud center (www.fraud.org) these days, you can easily find out more about a company using the internet in a few minutes. From a company's website, you can details about its ownership, how old the company really is and feedback from the company's customers.
You can find more detailed information about a company at http://tinyurl.com/gtb89
2006-07-24 23:45:22
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answer #4
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answered by comptermind 3
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