SUBMITTED: Sunday, April 05, 2009
POSTED: Sunday, April 05, 2009
Well, well, well. I came to this website about a year and a half ago, and it was right after I purchased the 20,000 tuition to the college. I'll just say, that a year and a half later, I have bought and sold 5 houses with a profit of $180,000. Now, if you factor in the time it took me to start my business and market my company, find leads of those in foreclosure, negotiate the deals, find buyers, and sell the homes it actually averages out to $ 180,000 pure profit in 6 months time, because it takes a good year to get your business up and running. Even if it was a full year, 180k PROFIT in your first year of business is not too bad. NOW, let me go on.
I was able to do this because I am cut out for this business. it is VERY stressful, very demanding, you can NOT let up one bit, you have to wake up each day and work from 8-8 (at least its from my own home and no "boss"), but you have to keep at it.
I'm not here to praise NRU, or to say its the greatest entrepreneurial program in the country, but I am saying it's one of the best given the rest of the options. It is NOT, repeat it is NOT a full blown racket, scam, pyramid scheme and/or ponzi scheme. It just isn't. I personally know many people in the organazation and well, trust me they aren't smart enough to pull off a ponzi scheme or "scam" on this level. They are smart enough however to be good sales people, and that's exactly what they are. Selling the American dream. Which is true! Nothing wrong with selling the American dream, and building wealth through Real Estate.
The PROBLEM that NRU has, is that their are "student advisors" that sell the tuition and/or products to people that have NO BUSINESS buying this type of education. I mean would you sell a stock market analyst program to a janitor? someone who has been cleaning toilets for a living? that sounds harsh, but its reality. Someone who has been cleaning toilets for a living has no business jumping right into the stock market and expecting to be rich after the first 12 months. NOW, if you already have a background in stocks and finances, etc and you get education on the latest greatest technology, then yes, it makes sense. Same thing with Real Estate and being a business owner. If you were sitting in a cubicle your entire life as an admin assistant answering phones, or cleaning peoples teeth, or driving a truck, or whatever, you have no business jumping right into this field of Real Estate investing or being a top sales person. NOW, that's not to say that with your hard work, education, support and efforts after the first year you couldnt make giant strides. OR if you happen to have family members with money that want to buy into the program to speed up your success on the sales side thats another story.
Alot of these negative postings on here are from people who unfortunately "don't get it", they should have never purchased the program in the first place, AND the person shouldn't have sold it to them. That's where the problems start. I call it like I see it, you are either born to be an entrepreneur or your aren't. There are people out there who are desperate and will spend money on ANYTHING, thinking it's get rich quick. My friends teased me about taking a college class and program "at a hotel in arizona somewhere", yet a year later, I collect checks on the real estate deals I put together and buy and sell houses and collect checks for twice, three, four times as much as they work their corporate asses off a full year, 40 hours a week or more to earn.
Bottom line is this. There are many many many many many many many many many many many (see my point here) people making millions and millions of dollars in Real Estate or are multi millioniares now because of Real Estate, so, it CAN be done. period.
The other main problem with NRU is that the support they tout at the meetings and conference calls is lacking, in a major way. They make it seem like you come back from the college and all of a sudden your "mentor" is going to help you through real estate deals. Thats not the case, what they WILL help you with though, is finding and bringing more people into the company to get you "certified", in turn making YOU alot of money once you are certified, then you see the quick money element to NRU, and you abandon the Real Estate because you get caught up in the marketing of NRU instead of the real estate you planned on doing. Why? because you just got paid 30,000 dollars in 30 days for signing up 3 people. thats why. Thats BIG money, why deal with stressful, difficult, time consuming Real Estate deals when you can send someone to a meeting, rah rah rah shish boom bah, excitment event, and they sign up for the same program you did, but you are certified and you just made 10 grand by signing them up, and now they might be able to find family to do the same and you made another 10 grand and so on and so on. They use the "paying it forward" thing to keep you motivate to find other people to "share" this valuable information and program, which really, there is no crime there. It's true.
So, my final word of wisdom is this. IF you are thinking about joining NRU, which you probably are because you wouldnt be reading this, or you just did and you aren't seeing results.
Join up with a mentor that actually closes real estate deals. BEFORE you sign up, ask to see their most recent final huds from deals they closed. If NRU creates real estate investors, then well, you wanna see the real estate deals they closed. Its that simple.
If you want to just be a direct sales person, well then hell yea, NRU is the way to make ALOT of money, just be honest with others and dont claim to be a real estate investor, call yourself a real estate investment education salesman, but you better be clear and not pose to actually do real estate. That how nru gets a bad name, for having "mentors" and "leaders" up on stage, but in reality, are super sales people with a lot of people under them that they can get excited to sell lots of product. period. in time, like anything else or any other trend, that will come to an end, then what are you left with? if you can buy 20 houses over the next few years with 100k equity in each of them, well then how will that be for you in 10-15 years from now as opposed to "marketing the program". end of subject.
PS: I can see how people would think their are "planted" people in the crowd, etc. however, that just isnt true. other seasoned NRU people are just randomly seated at the events with their guests and are excited, because well, yea, they probably just made 20,30,40k in the past 30 days and depending on how many other people they have with them that night could make that again, or more, so yea, their gonna be pretty excited and hootin and hollerin. woudlnt you be? try it once(getting a check for 50k for few days work) i think you'll agree and like it.