Robert G. Allen has been touted as one of the most influential investment advisors of all time. Thanks to his books, seminar appearances, websites, and endless self promotion, Allen is best known for his attention grabbing claims about how his method of making millions is unsurpassed above any others. Robert Allen claims that he can take anyone out of an unemployment line and make them successful real estate investors, whether they have experience or not. Robert Allen’s name is synonymous with financial success and is now more than ever at the cutting edge of strategic wealth creation.
Allen’s method of making money has been tailor made for the booming real estate markets of the past two decades, even when it was almost impossible to not make money in the real estate field. His “nothing down” method was enabled by banks and other financial institutions that were eager to finance deals without even checking a borrower’s past financial records. Robert G. Allen promises fast wealth and his method offers no special guidance to the long term real estate investor. Allen makes a number of assumptions about the availability of credit and the eagerness of speculators that are obsolete in the current market.
Much of the information taught by Robert G Allen has come under fire for several reasons. Like other real estate gurus, Allen concentrates on real estate methods which focus on buying distressed properties. These distressed properties include foreclosures, estate sales, and a variety of financially mismanaged properties. A guru like Robert Allen focuses on these distressed properties because one can procure a very low buying price due to the extremely strenuous circumstances of the seller. Often accused of preying on people who have little if no real estate experience, he convinces them that riches are just a short read or a seminar away. However, much of the information he offers is the same material offered all over the internet. Moving beyond just real estate, Robert Allen goes straight to the core of people’s inner motivations and beliefs about money to give all of the fundamentals of wealth creation.
Thousands of people agree that the Robert Allen method works. Buying properties for much less money with other people’s money and turning around to sell them for a profit is a precise description of the approach used by great real estate investors. Robert Allen promises fast wealth and offers no special guidance to the long term real estate investor. Allen also makes many assumptions about the availability of credit and the eagerness of speculators that are simply obsolete in the current real estate market. The essence of the Robert Allen method itself is easily found in Allen’s website and from the many online reviews of his seminars. Robert Allen has proved wealth is attainable in his own life. You have to listen to anyone who is multimillionaire before the age of 35. He believes that no matter how much or how little money one has to start, timeless principles can make all the difference in attaining wealth.
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