Feedback on Toby Unwin's One Deal From Retirement

[Dano]

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[Rich_in_CT]

so being in it for 25 years makes you all knowing?

If he's a) doing $10mil a year b) not lost his shirt and c) still in business after 25 yrs......he knows what he's doing.

[austinmkCT]

I agree with dealmaker,

the course is not worth the money. I do infact wish the material was true but its not.
im 22 and im just getting into the real estate business.
I've read tons of books on commercial and residential realestate.

I bought this course along with several other things from Agora and I have to say, most of these information products from Agora are things you can pick up at your local book store for $19.99. They just take a simple concept; bloat it, stick it in a 3 ring binder and call it something special.

In this course Toby goes on about how you can buy all these properties with 0 money down and bad credit and how its SO easy etc. Get real man, 0 down is not going to happen. Atleast not where I come from. You better have ATLEAST 10% to put down or you can expect to be laughed at. dealmaker is right when he says the deal-filter is a joke. And as far as having bad credit, your in the wrong business all together.  You had better focus on fixing that first. No one is going to lend a million dollars to someone that is'nt responsible. would you?

anyway, one good thing he did mention is loopnet.com thats a good site I enjoy using that and have met some helpful people through it. And if you have no idea about how commercial real estate investing works, he does give you the basic idea. But i truly feel that if you follow his methodology for purchasing you will end up in trouble.

just my 2 cents.

[loaded]

I went to school with Toby, in fact whilst looking up old friends on the internet I stumbled upon this thread about Toby and thought to myself, looking at the title of the book, that this must be the chap, as he was always into something like this.

As a young man, he pretended to own a Ferrari (actually belonging to his father, himself an honest and successful man) which was a blue Mondial, if memory serves.  He tried to sell the advertising space alongside the Oxford and Cambridge boatrace without actually owning any of the space he was trying to sell and countless other things to get himself rich quick.  If memory serves (it usually does) he failed on all counts and after his parents bought him his first flat, he was almost jailed and they took him back home to straighten him out (they didn't manage)

You can believe me when I say the following, that despite any evidence to the contrary (such as pictures of the devious little pint sized man next to famous Austrians) he is dishonest and rotten to the very core, anything he says is to be taken with a pinch of Arsenic, rather than salt and that any get rich quick scheme involving him will only serve to get him rich quick.

As a young man myself, I remember him talking on mobile phones on the underground despite the fact that in those early days there was no signal on any part of the network (he was just trying to impress people) and lying to girls to get them to sleep with him (even the lies wouldn't necessarily get them into his bed) as well as certain activities, but I feel might be breaking the bounds of free speech here, so I won't mention them.

Coindidentally, I am actually in the property market and I really am quite successful, I have been retired for a few years now, have a family and am quite comfortable (I don't have any intention of owning a Gulfstream, or perhaps getting a World Speed Record, which Toby boasts he has - funny that, the closest that man ever got to being a pilot was owning Breitling watches, he has vertigo for Christ's sake!) I just want to spend time with my family, but I will say this:

Anyone who really knows how the property market really works, does it and makes money for themselves.  Any information shared by real experts comes too late to those new to the game to properly take advantage of and that has been a fact of almost any market forever and for the future.