The guys in the
infomercials make a lot of money, but not in real estate. They are in
the business of selling books, plans, seminars, etc. It's easier
selling you those crazy schemes than it is for them to actually do
what they are advocating in their programs.
If it was so easy, they would be buying real estate that way, not
putting out infomercials.
Consistently making money in real estate requires a lot of hard
work and a lot of hours. It isn't a "get rich quick" scheme, though
sometimes the market turns at just the right moment and you can get
lucky enough to make a quick buck.
Sometimes you hear about the "late night gurus" being charged with
fraud. Those telling their "success stories" are often just actors.