Russ Dalbey
Russ Dalbey is a well-known figure in the real estate
business – and on TV. You’ve probably seen his “Winning In The Cash
Flow Business” course advertised there, with celebrity Gary Collins
presenting the show.
I’ve been following this home business for some time,
since I’ve had mixed reviews. A few people have told me they didn’t
make any money – but when I questioned them, it turns out they didn’t
spend much time with the course material. Other people have told me
they’ve achieved quite a bit of success, but that it took a little
work. Dalbey’s website has some big success stories, such as a guy who
made $1.3 million in one month after reading the course – but as in all
home businesses, that’s exceptional.
Dalbey’s course essentially teaches students how to find
private financing deals, “Cash Flow Notes”, and then how to value these
notes and find investors for them.
The big upside of course is that “Winning In The Cash
Flow Business” doesn’t ask its students to stump up money for real
estate. Russ Dalbey claims that you don’t need money to make money, and
if you get successful doing this particular home based business, that’s
absolutely true. In fact, in that respect I think it’s quite unique in
the real estate world.
Another plus for “Winning In The Cash Flow Business” is
that Russ Dalbey is realistic about what you can do with it. Obviously
he’s a successful guy, but he doesn’t promise the moon – just the
chance of a steady and fairly generous income for people who put some
work in.
On the downside, it’s not money for nothing. Russ
emphasizes time and again the need to ‘put yourself out there’ and
market yourself to potential clients. If you’re not prepared to do any
marketing you probably won’t succeed. (Dalbey Education, Russ’s
company, claims that it is launching a marketing materials site that
will automate this marketing – I can’t wait to see if that looks any
good. If it does, it might well be a model for the entire home business
industry.)
All in all I would say that if you don’t have the money
to put into actual real estate (which is always the very best
investment) then Russ Dalbey’s method is probably the next best thing.
I don’t know of another real estate business that doesn’t involve
significant start-up capital, and it’s a business that isn’t going away
any time soon. From that point of view alone I think the startup cost
(I’ve seen it for as little as $79.95) is very good value. To go
directly to the official Russ Dalbey
website and read the rest of the story click here.
Since I review business opportunities and internet gurus
all day for a living, you can guess I know which ones work and which
ones don't. Click here to see how I
make my money.
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