By Mr. Propwise

I recently attended Rayney Wong’s Property Millionaire Program preview talk. Having attended a couple of these by various different gurus, I expected a fairly long sales pitch. A typical preview talk usually begins with the guru impressing you with his/her long string of successful investments, or about how many properties they own, although they never break down how many are fully owned or just co-owned (perhaps just a 5% or 10% ownership?).

To digress a bit, I can also buy a bunch of REITs and brag that I own dozens of different commercial properties… I just might conveniently leave out that I only own 0.01% of each! Then they usually go into all the things you can learn if you sign up for their seminar, and it ends with a hard sell of how if you sign up by TODAY you can get a very ...