If you want to learn how to buy pre-foreclosures homes... and YES... this can be a huge (but hard) business, I highly recommend the woman at www.ForecloureS.com. She sells a CD course for $400 or $500 and an in-person boot camp for close to $2,000. These may sound expensive, but many of the other gurus lure you in with lower up front costs, and then start trying to get you to buy $5,000 to $20,000 boot camps. What I like about Foreclosures.com is that she doesn't over-hype her courses, or tell you that it's easy.
So... without knowing much about Dean Graziosi... you can take him, Carlton Sheets, just about every guru at the "Real Estate Wealth Expo", plus other infomercial guys like Don Dupree, Kevin Trudeau and a whole host of others and toss them in the trash.
And I'll give you the Foreclosures.com course in a nut shell... you have to "help" 10 homeowners try to fix their problem, and hope 1 to 2 end up needing your cash in exchange for their deed. But you won't buy unless there's a 30% profit margin less your renovation expenses. Her "try to help first" approach keeps you out of the sleaze pile, and gets "thanks you's" rather than law suits.
Her unique way of busting through the noise (when a homeowner gets a "Notice of Default" the entire foreclosure world descends upon them) she suggests you call neighbors, family, friends (finding them through internet searches) and ask how the Notice of Default person is doing. This gives you inside information, and you can then call the homeowner in trouble and say you were "just speaking to so-and-so and they thought you could use my help".
This gives you a "trust factor" that the impersonal letters and post cards that every other guru recommends can't touch. Then you need to maintain trust by actually trying to help them work through their problem WITHOUT you buying it until it's obvious that they have no other solution. And boom... you are the one they trust, so you are the one they sell their home to.
So is Dean Graziosi a scammer... without having read his stuff... what I can tell you is that there is no new information out there... and I personally would not trust anyone hawking their books or courses on late night TV.
