Tigrent Learning – would you recommend this training?

Isn't "Rich Dad Poor Dad" the same type of course? These guys were in Cardiff last week and I went along. There were 60 people in the room, 5 signed up for their upcoming courses on BTL. Do these types of "interesting opportunities" really exist OVER hard work and experience over 10 years??

Reply to the comment left by "AA Properties Wales " at "25/02/2015 - 21:51":

No, they don't but you must admire their marketing ability to sell dreams of relatively fast riches.
This often trumps the "reality led need to put in a bit of hard-work" approach that I espouse, at least for some of the more impressionable.

never invest in something where you have no idea in what you are doing. it will end in tears. what starts with excitement turns into a nightmare. you cannot learn how to be a landlord by paying lots of money on some course. go into business in something you know about and enjoy doing. sorry.

Hi

I don't know where you are in the country but I am a member of the Cornwall Residential Landlord's Association and the information and guidance from them is in invaluable for a very small yearly membership fee. You have access to tenancy agreements, rules and regulations etc., as well as professional and legal bods. I would suggest you contact your local Residential Landlords Association as an initial step.

Everything you need to know is on the internet for free, you just need to spend some hours reading it.

£18,000? For that money you can do a 2 year distance learning MSc in Real Estate with the College of Estate Management and still have enough money left to buy 20,000 bricks from Wickes

Reply to the comment left by "Some One" at "27/02/2015 - 14:32":

.. very good point, well made
But you have to admire the marketing ability of folks who can persuade people to hand over that kind of cash.

As I always say, buying and letting property ain't rocket science or finding a cure for cancer.. it is pretty straightforward really.
And there are no secret formulas. Just common sense, some savvy and a spend of 24 to 36 hours of time to read up on how to do it from accessible sources and books.

£18,000 *is* a lot of money, but I'm not sure I'm as negative about the whole idea as some on here.

Some have suggested going to PIN meetings (a good idea) but Simon Zutshi's Mastermind programme is also about £18k, and 180 people are doing that a year now (3 x 60 person intakes) I believe. And there are many people who have become very successful property investors on his course (of course there are also many more that haven't).

Like Victoria I also spent many months looking for a property mentor. I evaluated 19 names / companies, read their websites, followed their facebook posts, read their books and articles, listened to their webinars, paid for some of their training, and after 9 months finally settled on one. It's interesting that we both chose the same one!

If you want to know why some people pay thousands / tens of thousands for training: it's the Matrix effect; people want a brain download so that they know (property) Kung Fu. Sure you can teach yourself from books, videos, articles and forums, but it will take a lot longer than having a teacher show you, coach you, and correct you when you make mistakes.

Besides, humans are fundamentally social creatures (mostly) and learning from and with others is a much nicer way to go about it.

So for me it comes down to this: can you afford to spend £18k on training? If you can, and you know nothing, go with Tigrent or Simon Zutshi, after doing your own due diligence. If you can't really afford it, go for something cheaper, like Progressive's VIP programme say.

But if you already know and understand the common property strategies quite a bit, and know how you want to proceed, then find a 1 to 1 mentor and pay them direct; £18k will buy you a lot of personal time and attention from someone who's expert in the strategy you're interested in.

I dare say there are some people on this forum that would accept your money for 1 to 1 mentoring, and you'd likely get a more tailored service.

Reply to the comment left by "Colin McNulty" at "28/02/2015 - 09:38":

Well, we hope you have evaluated us too?
I still stand by what I said before - anything over £1,000 for detailed one to one advice to us seems an unnecessary sum.
I tell that to my clients when they first call me.

We actually saw one company where the cost I believe to join their programme was around £75K and the punter had to show £300K is spare net assets to join.
When I saw this I thought they had "Madoff" with the money. (You may recall that Mr. Madoff traded on the fact that it was "exclusive" and you had to be v wealthy to join his magic circle in which he naturally had a secret potion to turn base metal into riches).

Sometimes it rather reminds me of the Blackadder scene where Lord Percy has decided to turn to alchemy to rescue his friend Blackadder from the Bishop of Bath and Wells who is pursuing him for unpaid debts with a sharp red hot poker.

Blackadder: "Percy, what you have created here in not gold... what you have created, if indeed it has a name, is a lump of green....."
I guess that is how the Madoff investors felt.

I am not saying that people don't learn anything from v expensive courses, but what I am saying is they don't need to spend anything like that much.
And I do know what one needs to know - I have invested for 25 years and built up a successful portfolio over that time without taking undue risks.

Finally, one must bear in mind it often takes a big man or woman to admit that they rather overpaid for the advice they were given - even if that advise was OK.

Tigrent originally adverted as a free rich dad poor dad seminar. In the free seminar they advertised a three day course for £999 which was meant to be an all you need to about properties. The "three day all you need to know about properties seminar" was not all you need to know about properties and around 40% of the time was spent advertising more advanced courses to really learn the content they covered. These courses advertised on average cost around £20,000 pounds and some exceeding £35,000 to learn property investment. I do not recommend their courses unless you have £20,000 to invest. Disappointing service that leads you on I would say. I would not trust their service.