Check A Guru
|
| Many mentors, real estate ebook
publishers and seminar gurus claim to
be the brightest and biggest hot dog on the scene. In reality
most are wasting your time with recycled information they picked up
online, making money from their ability to
create a better ad. I have found this to be true the hard way, as
some of my free site pages and tutorials have been found for sale on
the internet. I'm sure you have all seen the yellow highlighted
pitch pages,
huge claims and greater than life money back iron clad guarantees. |
 |
Looking For New Victim
Here's How To Tell!!
| There are ways to tell if a guru is telling the truth. Check him out, it's easy to do, takes less than 10 mintutes and may save you countless hours of time and thousands of dollars. It's always better to check the records than to become the next victim of a slick ad campaign. I have received calls from many who have spent thousands of dollars on seminars and videos, only to find they themselves were no better off. |
Step
1. Contact the guru and ask: For Legal business name and state in which the business is registered If there are aliases under which property is conveyed or if property is conveyed under primary business or personal name How long guru has been in real estate How many transactions have they been involved in In which states do they conduct business and in which state is most of their business conducted The full legal name of an officer of the corporation. If the guru is unwilling to give you this information, they are likey going to take you down a never ending spiral of videos, webconferences, books, exclusive memberships and seekend seminars--all of which pull dollars from the actual investing part of your plan. Investing in your future and education is a great and wonderful thing. A good mentor can save you from many wasted days and countless newby mistakes but choosing a bad coach is like flushing dollars. Step 2. Every state has a Division of Corporations within the Department of State's Office which maintains and registers business in their state. Query the records by the names given to you by guru. In Florida, I Google "Florida Division Of Corporations Records" from their site I can query the records by entity name or officer name or aliases, etc. Once I establish the business is registered and in active status I will write down the addresses and names of officers in the company. Then query the records by those names, see what else pops up. You would be suprised, one I checked out recently owns a pool maintenance biz out of the same location. Not a big deal but maybe it is. Another real estate mentor had many inactive buisnesses and a huge state lien, which you can also check in the Div. Of Corp records. Step 3. Once I find everything I need at Div Of Corp I move onto actually seeking out transactions they may have been involved in. In Florida you can query the entire state for deed transactions by name or you can specify dates or counties. Google, Florida"Statewide Official Records Search" look for a gov site which is Myflorida. Run your query and see what pops up. If you actually want to see the document of conveyance, you will need to go to the official records in the county specified on the records (make sure to write down the book and pages numbers given on the MyFlorida search results). By visiting the individual counties official records sites you will, in most counties, be able to view the docs to get legal descriptions for property owned, look up other conveyances, locate liens by fed/state/county/child support. Locate civil suits filed against them. You can then go to court records in that county and search for: open legal cases in the business and officers names, traffic infractions, arrests, civil actions, etc, etc.  Don't
Be
Real
Estate
RoadKill
|
