I was hoping that Ron Legrand was going to better than the other Real Estate Gurus!

I've got a confession to make about "no money down" real estate courses. I find them seriously outdated and over-simplified when it comes to the true process of finding real estate for profit. Also, the real estate market is so competitive, there doesn't seem to be any room to find these deals, let alone make an offer.

I'm always looking for real estate to invest in myself so I decided to attend a municipal auction earlier this year. It was so crowded with people that I couldn't even get into the boardroom to hear the bidding. I'd spent weeks driving around looking at properties from the property auction listings, all for nothing.

Everyone is searching for foreclosures and distress sales as the price for real estate in every major city rises higher and higher.

Ron Legrand sells 3 books on "no money down" real estate. One on Lease/Options, another about Retail and Wholesale deals and finally Sale by Owner details. He charges $600 a piece for these and they are no better than what Carleton Sheets put out over 20 years ago. Legrand makes his fortune selling this information.

I'm not a real estate guru but I learned more from one chapter on real estate in Robert Allen's Multiple Streams of Income than any of these expensive courses. In this book he details how to start with 100 properties and sift them down to 1 that works for you. This is done every month by reading, driving, phoning and being totally committed to your plan. Add a lawyer, realtor and mortgage broker to your team and you're all set.

Believe me, that's exactly what it takes!

My wife and I know that real estate is the perfect catalyst to secure and grow profits that we generate from our internet businesses. We take these income streams and look for real estate to solidify our financial portfolio.

For example: This summer we decided to buy a house out of town (cheaper) and instead of renting it out, we wanted to "lease to own" the property for a larger gain, without rental hassles. Instead of buying a $600 course we found a local investor who already owned 12 properties this way and got him to SHOW us what to do step by step. We made it worth his while and now we can continue and repeat this procedure over and over again. (Maybe I should write a course about it...just kidding)

Ron Legrand made most of his personal fortune here so there are parts of the information that's worth hearing about.

My point is that it's important to have the money to do these deals first, not try to find "no money down" deals that are few and far between. My advice is to use real estate investments as a secondary way to build wealth. Spend your time finding a way to make a solid stream of income first.

After examining and testing hundreds of money-making opportunities and work at home programs, ONLY ONE brought in a paycheck that covered all my monthly expenses.
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