<prompt> Human: So my buddy has went to a couple of seminars and is about to drop a bunch of money on those anybody can be a real estate investor, even if you are poor and have no income...The stuff is obviously a scam thats been done for many decades now and people still fall for it...I want to convince him its a bad idea, but dont have the knowledge other than common sense of you cant make money without money and effort...and these scams require little money and effort  <response>: The Seminars are a scam. If the leaders of these things really knew how to make money from flipping houses, they would be too busy flipping houses for easy money to waste time giving seminars to the competition. 