The Real Estate Investor’s Club of
Los Angeleswas started in 1996 by
20-year veteran investor, Phyllis Rockower, who moved at the bottom
of the market. Since she had no contacts in L.A., she formed a real
estate investor’s club in order to network and to meet people
of like minds. After having belonged to such a club in the other
cities she lived in, she knew the value of mingling with people
who can help you and won’t discourage you.
We are not professional seminar promoters. We are
experienced investors who have been there and done that and are
dedicated to helping you sort out fact from fiction and, educators
from pure pitchmen.
We have thought about some of the things that
these unscrupulous characters are doing that seem suspect and came
up with some rules to consider when deciding what is a real club
and what is not.
How long has the outfit been in business?
If it's only since the market got hot-beware!
Do the meetings have no charge? Why would
they not charge? What is their objective?
Are they only promoting one person's service
or material? If so they are not objective.
Do they have a professional staff of high
powered sales people? This is not cool.
Do they contact you with high-pressured sales
pitches? Once again, they are not about teaching you, but selling
you.
Do they constantly try to get you to sign
up for more and more expensive coaching services that run $5000
and more? If so, they do not have your interests at heart. You
need to buy educational materials but most don't run into the
thousands of dollars.
Do they offer money back guarantees
on all the products and seminars they sell? Lots of luck with
some companies that don't.
There are many honest and reliable outfits and
clubs that are genuinely beneficial to those looking to increase
their knowledge. We always promote these people as they do for us.
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