Wednesday, January 7, 2009

John Beck, Is His System A Hoax?

By Frank Scott

Late night TV is loaded with money making opportunities from internet success to real estate investing courses and John Beck and his Free and Clear system has taken a top spot among the infomercial guru's. The lure of easy money on just one Free and Clear real estate deal is enough to get you to take a second look at 2 am.

John Beck grabs your attention with claims of buying tax troubled properties for Pennies on the Dollar, but can it actually be done? Yes, Sweet real estate deals are out there, especially in this troubled economy.

Those properties are diamonds in the rough and not typically what you will find in most real estate markets. For those with tons of experience like John Beck with his legal and real estate knowledge those properties are most likely hard fought victories. Cultivated after hours or months of research and market analysis.

But just starting out, can you find a Big Deal or even a little one?

If a $39.95 course could teach you all you need to know about making it big in the real estate tax game, I'm sure every real estate salesperson would be buying and studying John Beck's course. Truth is You'll probably need more help than just a stater course.

To find that profitable deal, you'll have to pour over tax and bank records and fight it out with some seasoned real estate investors for the same property for that one Free and Clear deal. Let's face it, a property for pennies on the dollar is sure to attract some heavy hitters.

Education is a big key to success in any business and real estate is not different. To give you a jump start on the competition, soon after you purchase your $39 buck Free and Clear course, one of John Beck's staff will most likely reach out to you and offer you a shot a personal coaching for about $8,000.

Startling figure I know, but If you made just one $20 or $30,000 deal the coaching program would be worth it . How easy, a few months and many could make a years salary in just one deal. The excitement of that possibility would get many to say yes to the John Beck coaching (I highly doubt you will receive any personal attention from John Beck himself).

Here's the downside. As easy as it may sound many will not even stick out through the coaching program even after spending the 8 grand. Most will tire of the monotonous struggle to find a profitable deal and put the program on the self after a few months.

The real estate industry is a tough, highly competitive and risky market. For the average person to be able to spend the time to find just one sweet deal, the odds are stacked against you and without the addition of John Beck's coaching program your chances of success are even less.

Are John Beck and his courses a hoax?

In a word, No. If you have the time, financial resources and commitment to the real estate industry, I'm sure it can be done. I don't believe the testimonials of people finding those one and a million deals are lies. But as a home business and a way out of the rat race, I'd look for another avenue, with a bit less risk and greater odds of success.

What ever you choose, I wish you Good Luck!

A complete review of John Beck and the Free and Clear system can be found at http://www.federalhomebusinessreview.com/Johnbeck.html

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