With all the bluster, lies, showmanship, and exaggerations amongst the totally unreliable, deceitful and so called real estate experts out there, finally someone decided to host a “guru challenge” to separate the talkers from the true action takers.  And I’m so excited to be a part of it.

This challenge is for the wholesalers that tout their incredible skills and flipping hundreds of homes a year.  In the Real Estate Education world, there are many that claim you can make money (and even get rich) with no money out of your pocket (or little) and make money connecting motivated sellers with the other real estate investors and rehabbers, landlords and even end buyers, somehow working around the “brokering” laws.

Tom Tarrant, a long term real estate investor, rehabber and general contractor based in San Diego is passionate about real estate investing.  After seeing a show totally unrelated to real estate investing – a challenge where at the end the winner gets bragging rights – he decided to post it for wholesalers and it was well received in the guru and new real estate student community.

The official challenge is held in a public Facebook Group: Guru Challenge .  He is currently recruiting guru’s that are ready to take on the challenge.  Five have signed up already, and they include:

1. Tracy Caywood of Property M.O.B
2. Osvaldo Guglielmo of The Real Estate Wolf
3. Todd Toback from the No Limits Investing Podcast
4. Joe McCall of Wholesaling Lease Options
5. Tom Krol of Wholesaling, Inc.

The challenge starts on September 1st, 2015.  Here is a sampling of the rules:

Tom and I will pick 3-6 cities in various parts of the country where the guru’s can choose to market.  They can’t market in their own city or in any city where they have lived.  The cities will be of the similar size and have a similar amount of pre-foreclosure and landlord rentals, which historically are the demographics that bring the highest level of motivated sellers.  The guru’s are free to use whatever target marketing they like, for example if they choose to look for probate leads, recent divorces even though the choices are based on the fastest converting leads.  They must be direct to the motivated seller, and direct to the end buyer (no daisy chains, that is).  The first one to complete and close a real estate deal gets bragging rights for a year that they won the Real Estate “Guru Challenge”.

Are you a wholesaling expert and want to get in on the Guru Challenge?  Click the link, the group and make your request.  Or just reach out to Tom Tarrant, or me on Facebook and we will get you on the list.  Hurry though, the deadline for being part of the competition is August 15, 2015.

Any Questions?