If you’re looking to get rich, a CBC Marketplace hidden camera investigation reveals that Robert Kiyosaki’s “Rich Dad” seminars should probably be avoided. They attended a $500 3-day workshop and found it was little more than some very poor real-estate investing advice – tricks like “lease options,” “pre-foreclosure” and “buy 10 condos, get 1 free” – sprinkled on top of heavy upsells into the $12,000-$45,000 “advanced” training courses. In a new twist, the instructor tells everyone to go raise their credit card limit by $100,000 so they will have the money they need to start investing in real-estate, and even gives them the scripts to do it. [More]
