Ed Beckley is famous for his
program called Ed Beckley's Home Study Course of No Down Payment Real Estate.
He made a lot of money using this course, but little of this money can be
called honest since most people consider Ed Beckley a first class crook.
No critic is willing to risk his reputation by recommending his reputation. The
Better Business Bureau places Ed Beckley and his company Home
Business Technologies Inc. under an alert. Ed Beckley is also famous
for his infomercials. At one time, he used to air on two channels
simultaneously, at primetime. Eventually, even the government questioned these
infomercials as being “questionable”.
Ed Beckley made a lot of
money by consulting well crafted seminars that made several people believe that
making profits on no money down real estate business is a cakewalk. What many
people do not realize is that the only cakewalk is the money Ed Beckley makes
out of the seminar.
At Ed Beckley’s
seminars, there are people making convincing speeches about how Ed
Beckley helped them make their fortune. People are fooled into believing
these people and usually end up accepting most of the nonsensical advice
offered at the seminar. Throughout the seminar, no one talks about how
difficult it is to make money on No Money Down real estate deals,
especially when the market is a seller’s market. Moreover, if you do happen to
be in a buyer’s market, you are more likely to collect a lot of estate and end
up generating a negative cash flow.
Apparently, the
primary philosophy of Ed Beckley is centered on work smart, not hard.
That is precisely what he and his fellow conmen do. If customers did realize
that his course was worthless, they hardly had a chance of getting any refund
before Ed Beckley went and filed bankruptcy. Therefore, the moral of it
is to be smart before you go out and spend a lot of money on fake experts like Ed
Beckley.
