Real estate investment schemes regularly collapse and trigger SEC lawsuits. The speaker reviews these cases weekly and says the best protection is getting trained by a coach in your specific asset class. Their most successful clients all came through coaching programs, but quality varies widely.
Usually I get a weekly bulletin from the Securities and Exchange Commission on all the different offerings they filed lawsuits on. Usually some crazy scheme. And it's amazing that people were able to invest to raise any money at all. But they were. And then it didn't pan out and that's how they end up in trouble. I think what things do make our clients successful, though, having a coach. If you're going to buy real estate, you need training. In the asset class that you're going to buy. All of our most successful clients have come through somebody's coaching program, and it— and, you know, not all coaching programs are created equal, so do some due diligence, find out who you resonate with.
