Millionaire Liar explains and debunks 9 common myths that real estate gurus use to lure you into giving them thousands of dollars. Wouldn't it be better to invest a few dollars in a truth-telling book before you invest hundreds or thousands?

Millionaire Liar: What Real Estate Gurus Won't Tell You (but Tom will) first exposed the truth about 5 common lures the experts use to separate those who want to learn real estate investing from their money. Now, it has been updated to address the 9 most common myths.

Myth #1 - Being a Millionaire Means Being Rich

Myth #2 - You don't need any money.

Myth #3 - You don't need credit.

Myth #4 - It is fast and easy.

Myth #5 - You can become a millionaire investing in real estate without using your own money or your own credit.

Myth #6 - You can make lots of money flipping houses in your spare time with none of your own money or credit.

Myth #7 - Get Investors by Offering to Do 100% of the Work, They Supply 100% of the Money and Split the Profits 50/50

Myth #8 - You can make lots of money in real estate without ever actually buying any real estate, through tax liens and tax deeds.

Myth #9 - You can make money in real estate over the internet without ever seeing the real estate.

These 9 myths have been used to lure people into investing seminars all across the world. Once in the door, the stories seem so good, the money seems so easy, it seems like only a fool would walk away and not pay the $500 or $5,000 that the expert is asking for his self-study course or 3 day event. Or the $50,000 for personal coaching from the guru directly.

But what is the real truth behind these slick sales pitches? The author has spent a lot of his own time and money, deep inside the world of real estate investing and uncovered the truths behind these very attractive ideas.

Are they sirens, luring you onto the rocks of financial ruin, or are they the harbor lights, guiding you the safety of financial freedom? Tom has found the truth and will tell you what the gurus don't want you to know.