I wish i would have read these other reports before i plunked down my money for the first three day seminar. Like the others, i went to the free 2 hour seminar because of the reputation of Robert Kiyosaki. They get you to sign on there, because if you went home and did a little homework, most people wouldn't purchase the three day real estate seminar.
My story is very similar to the others, down to the flea bag hotel. There were so many red flags i could have been at a red cross convention, but i kept telling myself, this kiyosaki guy is respected in the business world, don't be so closed minded.
The presenter followed the same script as the others i've read аbout: no formal education, he didn't know what Columbia University was... We weren't allowed to network, no questioning the theory or we could be thrown out...
While there was some decent information about real estate, it wasn't anything different from what you'd find in any real estate investing book. Well, except for the part where they told us to get as much on our credit cards as possible... So we could "invest in our future". They were charging tens of thousands of dollars for people to get the "advanced" training.
So i'm out a couple of hundred dollars, but i feel bad for those who may have put the money on their cards in hopes of a better future. My advice is to go to the bookstore, buy some books, find someone local who has been successful in this business and go forward.
Put the cup down! Do not drink this cool aid.
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