Inside Track Property Investment Courses

Blacksheep1979

Ok haven't bothered to read all the other posts so someone may have already said similar.

If the investment potential was that high then why would they run these seminars? They would be off investing in properties AND they wouldn't want the added competition. These things are aimed at fools like all the get rich quick/easy schemes.

hollydays

Quote-when people with experience meet people with money-the people with experience get the money,and the people with money get the experience.Kinda says it all really.

Blacksheep1979

get an experience maybe, not gain experience - being ripped off is definatley an experience, you may gain some experience from it too though I guess but probably not what you were expecting.

trisontana

There was a very good article about theses courses in yesterday's Daily Mail:-

http://www.thisismoney.co.uk/mortgages/buy-to-let/article.html?in_article_id=421346&in_page_id=1&ito=1565

Blacksheep1979

hmmm good article and Daily Mail never usually go hand in hand...

paul33_2

Blacksheep1979 wrote: »

Ok haven't bothered to read all the other posts so someone may have already said similar.

If the investment potential was that high then why would they run these seminars? They would be off investing in properties AND they wouldn't want the added competition. These things are aimed at fools like all the get rich quick/easy schemes.

This has cropped up before, and the simple answer is why not do both! (invest in property and run seminars)

Also, IT's buying power partly relies on its large membership - it's a symbiotic relationship.

--
Paul

**BG comment. Link edited out. Links to own sites, or sites you have an interest in are not allowed on MSE**

trisontana

Paul ,

What are your thoughts on the Daily Mail article ?

BFG_2

paul33 wrote: »

This has cropped up before, and the simple answer is why not do both! (invest in property and run seminars)

Paul
]

Gee Paul,

surely it's obvious to anyone why you wouldn't do both

1. Any business focuses on what makes it money...ie sticks to the knitting

2. The seminars actually work against the investing...why train hundreds of people to compete with you in the property investment market?? Good properties are harder to find and prices are being pushed up, where's the sense in that??

3. It's the same as a bloke at Sony/EMI/Warner saying "I've got a great idea. lets run courses showing people how to download music from the web for free".

Look forward to your reply

PS...what do you think of the Daily Mail article, or in the true spirit of Amway etc do you just ignore all bad press and refuse to answer it.

trisontana

I see these courses as the equivalent of a racing tipster, who sells tips to other people? If they think the horse is that good why don't they use their own money to bet on the horse, instead of trying to make money by selling this information to other people ?

Inside Track does the same thing by "selling" their so-called expertise to third parties, instead of using their own money to invest in property.

pamsden14

Hi David

Unfortunately we too were taken in by the expertly presented 'sales pitch'. Firmly believing there is no such thing as a 'free lunch', we were prepared to exchange money for knowledge. However, we believe Inside Track are far, far too greedy and would like to obtain a detailed breakdown of where members' money goes.

IT charge for attending a two-day course
IT then charge a joining fee (which we were told was a life time membership fee)
BUT then they charge an annual subscription :rolleyes:
(So what benefit do you get from the Life Membership if you choose NOT to pay the annual subscription renewal?)
THEN On top of that, IT charge a 'finders fee', about 3%, on most of the properties they source for its members!

YES we will attend as many training seminars as possible - not great value considering the amount paid up front, but got to get something for our money!
NO we will not be buying anything through IT on principle - why should they have any more of our hard earned cash?

If the membership fee covered the costs of the initial purchase, even with a time limit of say 1 year, then
a. it would be an added incentive to purchase and
b. it wouldn't seem like such a rip-off!