I have been to such meetings before.  Heard very similar things. What you need to remember is that someone like the guy you talked about is usually full of Sh$* and all he is trying to do is sell his system.  He likely has had very little to no success personally flipping homes or what ever you want to call it, but he has a well honed speech and he is practiced enough to talk almost any realtor down that wishes to challenge him on the subjects. 

Kind of like a political type, they do nothing but line their pockets, but they talk a good line of bull.

Next time get his name and the name of his system.  If he is selling it likely he has copy writed it and you would be free to write revew info about him and his speeking about his system and how you felt about what he seemed to know.

Carol, What were you hoping to accomplish by attending? If you aren't an investor yourself and you don't have properties to sell to investors what could you hope for? I'm not trying to be difficult, it is just that you need a "game plan" if you are going to these meetings.

And don't "worry" about those seminar pushers, they are everywhere. Just ignore them. Concentrate on your goal.

Bill Roberts

Just a little dog and pony show.  If the man was making so much money investing, why is he selling seats to his seminar?  Is he going to make more money working on the seminars participants, or did he fabricate part of his story, mainly the tons of money part?

some people really enjoy those groups -

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Hanh Dang Brown

I am an investor and I belong to one of those groups. It is the norm that investors will promote only wholesale properties within that forum because none of us in our right minds would pay retail. That's like shooting ourselves in the foot. However, why he was speaking derogatorily about realtors is beyond me. We have realtors as a part of our investors group and find them a very valuable resource in finding not only buyers but below market priced homes.