• Report: #601506

Complaint Review: Premier Mentoring, Inc

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  • Submitted: Sun, May 09, 2010
  • Updated: Wed, August 01, 2012

  • Reported By: T. Johnston — Fredericksburg United States of America
Premier Mentoring, Inc
172 East 14075 South Draper, Utah United States of America

Premier Mentoring, Inc Bob Diamond Coaching - Real Estate Mentoring Course - SCAM Buyer Beware!!! Draper, Utah

*General Comment: Real Estate Investing: Mentorships - The Real Story

*Consumer Comment: Scammed victim wins in the end

*Consumer Comment: Bob Diamond is Real!

*Consumer Comment: Open Disclosure

*Consumer Comment: Why not tell the whole story, Mark?

*UPDATE Employee: We can only help as much as you are willing to work the program

*Consumer Comment: You were scammed

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I would be interested in hearing from all individuals who feel that they have been made victims of or are being scammed by Premier Mentoring and Bob Diamond.  They have stolen $21,820.00 from me through the sale of a real estate mentoring course.  In which two of their pitchmen Brandon Godfrey and Mark Webster promised me untold riches by following the methods of the course with Bob Diamond, a real estate attorney in Philadelphia, PA, leading the way.  I was fooled into believing that due to Bob Diamond's credentials as a successful real estate investor, as well as, an attorney, that it would be impossible for me to fail nor would I be allowed to. 


I was guaranteed by Brandon Godfrey that they would show me how to make enough money so quickly, that I could pay off the $21,820.00 charge, placed on my credit card for the purchase of the course, by the time the first payment came due.  After interviewing me for my participation in the course the Premier Mentoring staff member Brandon Godfrey told me that if I did not make a decision to purchase the course at that moment that I would never be offered the opportunity to do so again.  He said that I would not be the kind of person that they would want to work with in the future.  Their pitchman Brandon Godfrey also used high pressure sales tactics on me such as saying, that by me not making a decision to purchase the course, that I was someone not willing to make a better future for myself and my family.  By doing so, Premier Mentoring preyed on my ability to charge the $21,820.00 on two separate credit cards and then continued to lie to me just long enough for me to pass the window of opportunity to cancel the transaction for a refund.  The CEO Jeff Spangler should be ashamed of himself for allowing such sales tactics to be used in his organization.  He evidently does not have a handle on the specifics of how things are done within his own company.  It just goes to show you that you can be successful in today's world even if you do not have the ability to make your sales staff behave in a manor with honesty and integrity as its first priority.


The so-called mentoring staff that they promised would be available to help me along the way has never been any help and does not have a clue to what the real estate market is like in my area.  There has been hardly anyone available to talk to when I tried to do so.  Which left me in a position to always chase them down and meet their schedule.  They even complained that I was sending to many properties for them to review.  Yet, I was told by Mark Webster to use and abuse them for the purpose of being successful.  I was also instructed by Mark Webster to tell the real estate agents I was beginning to work with that my funding was no problem.  I understood later that this was a lie just to make the agents believe I had plenty of money to work with.  I was led to believe that Premier Mentoring and Bob Diamond had the lenders and investors just waiting to do business with me.  It was not until about six weeks into the course that I was told the opposite and that I had to get my own funding.  In the beginning, before I purchased the course I made it clear that I had no way of funding the purchases due to my debt to income ratio. 


The online course that was made available and claimed by their mentoring agreement to be a "unique learning experience" was nothing more than full of information you could learn for free, certainly not worth the $21,820.00 price tag.  One of the principles taught in this arena is using OPM (Other People's Money) and not your own for funding the real estate purchases.  It is my belief, that my $21,820.00 was used to fund part of their own real estate ventures.  I guess by stealing an unsupecting individuals resources, such as how mine were stolen, is one way of putting that principle into practice.


I was also led to believe that Premier Mentoring was owned by Bob Diamond, when in reality it is a front company for many of the so-called real estate and wealth building gurus such as Armando Montelongo, Charrissa Cawley, A. D. Kessler, Loral Langemeir and others as well.  The Better Business Buireau of Utah can confirm this.  I am in the process of disputing the $21,820.00 charge on my credit cards.  Premier Mentoring is fighting the dispute.  Let me hear from you if you have a greivance with these scam artists.  You are not alone!  There is strength in numbers!     


This report was posted on Ripoff Report on 05/09/2010 07:49 PM and is a permanent record located here: http://www.ripoffreport.com/r/Premier-Mentoring-Inc/Draper-Utah-84020/Premier-Mentoring-Inc-Bob-Diamond-Coaching-Real-Estate-Mentoring-Course-SCAM-Buyer-Be-601506. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 General Comment

Real Estate Investing: Mentorships - The Real Story

AUTHOR: Jason - ()

I'm sorry to hear that there are so many people who have had problems with real estate investing mentorships. The simple truth of the matter is.... most mentors have never done a deal. They tend to try to develop hype off of a guru's success. Rule of thumb: Mentors are in the business of selling mentorships.. they are not in the business of practicing what they teach. If they were, they wouldn't be teaching. That being said, there are a few mentors out there who will release a program once a year to a very limited audience.

Does mentoring help you learn real estate investing? the answer to this is Yes and No. The No means, they will not hold your hand, they will not put you intouch with hard money or private lenders, they will not take you under their wing, they will not help you structure a deal, close a deal sell a deal or perform any deal in any way... that is your responsibility. The Yes part is Yes, there are many useful tidbits of information, yes you will meet others who are just like you setting out, yes you will receive documents prepared to help you on your deals and yes you will (sometimes) learn where to look for your deals and how to look for them.

The Truth: You simply have to scan throug the propaganda, read between the lines, decipher what is useful information and what is absolute rubbish, you'll have to take every single document that was drafted for your own use and have you lawyer go over everything and make it usable in accordance to the laws in your state/province/country, you willhave to invest some money (I invested in 2 different programs costing me $10k between them), you will have to invest more time than money can buy, and above all...you will need to take action, network, research, make offers and build a power team. YOU HAVE TO EDUCATE YOURSELF.

I have seen many poor mentorships, have come a cross a couple of half decent ones and have never come across a good one, BUT...... I took the best parts out of what I paid for and I worked hard at gaining the experience to make this work for me. The only person that can make this work is YOU. Do not expect anyone to make you money.. that has to come of your own efforts. Real Estate isn't for everyone... if it was, everyone would be doing it. Below is my personal experience that only I could give myself.

I have built a network of buyers and sellers, I have built relationships with private lenders that gives me access to around $3M whenever I require it. I have built a solid reputation on my personal credibility and my strong work ethic. I have a fantastic real estate team consisting of realtors, lawyers, mortgage brokers, accountants, fellow investors, trades, services and supplies, most importantly I my power team consists of like minded friends... all people who I have met through real estate, all people who are successful in life who, in turn, mkae me successful in life. I have removed all negative influences from my life which means that I had to fall out of touch with certain friends who i had known for years and even some family members. there is no room in my life for energy leaches.

I have been investing in real estate for the past 1.5 years made over $200k profits off of 3 deals, I have made this my full-time employment and have started up several new companies to supply myself with the goods and services I need to run a successful real estate business AND have multiple streams of income. I had very little support for the money I spent but got what i needed out of the relationships I built. That is what Metorship teaches you.... YOU ARE THE ANSWER TO ALL YOUR QUESTIONS AS LONG AS YOU ARE WILLING TO TAKE ACTION.

So, to sum things up, Yes... Mentorship is important but it's up to you to determine your own success.

I wish you well in your future endevours. PS. I have nothing to do with Bob Diamond or any of his affiliated Mentorship programs. I am just irate to see people blaming mentors their lack of success. Only you hold the power to change yourself and better your life.

Good luck.

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#2 Consumer Comment

Scammed victim wins in the end

AUTHOR: JRoberts - (United States of America)

OMG! Not sure where to even begin with Premier Mentoring. I guess to say the least I wasnt an informed consumer and the dirty sales tactics of this very fraudulent company really scammed me to the point of no return. I tried canceling within the three day window period given to me after doing some research on the company. I was then sold another bill of NO goods (they offered me another step of there never ending process for free.) I figured ok I will give this a shot.

Well months and months later and more and more money taken from me I was nowhere and broke. I then told Premier Mentoring that they were the biggest scam and asked how they could sleep at night. I got LAUGHED at and was just given the run around. Finally I contacted the attorney general and placed a complaint,(that didnt really do me any good either.) A month later I had given up. I then talked to a company I have dealings with and they referred me to this company called FIAD Services. They said I had very little time to get help and I jumped at the opportunity to get anything back from Premier
Mentoring. Within four days FIAD Services was working on my case and within two months I had my money back. FIAD never charged a fee upfront and didnt charge me there fee until after they had won my case. Thank you guys so much for
helping me get my money back from those scumbags at Premier Mentoring. If anyone else has been totally screwed over by them I suggest taking your time to check out FIAD Services.

-Scam gone right. 
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#3 Consumer Comment

Bob Diamond is Real!

AUTHOR: Joe Trainer - (United States of America)


I have personally met Bob Diamond, (while in Boston), and he shares his story and process of flips in his physical trainings that I attended. I was one of a packed room and I did not find one person who felt that their money spent was a waste. I attended in a 'Trainer position' and I have over three decades in the Real Estate / Mortgage lending industries. I learned many new concepts and ideas from Bob and the support was simply phenominal, as he provided me with a Disc of forms to use.
Sorry, but one complaint pales compared to the hundreds, if not thousands, who have attended and learned from Bob Diamond's Coaching / Mentoring. Now that it is available through a quality mentoring servicer, Premeire Mentoring, more can benefit than having to book travel and stay in Phili.  
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#4 Consumer Comment

Open Disclosure

AUTHOR: S Eaton - (United States of America)

I went to the Premier Mentoring website for the first time today after hearing their add on the radio. Withing 30 seconds I saw all the clients affiliated with Premier Mentoring by clicking on the "Our Clients" link at the top of the page. Bob Diamond is included on this list. I have never spoken on the phone to Premier Mentoring but their website has complete open disclosure of their affiliations.
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#5 Consumer Comment

Why not tell the whole story, Mark?

AUTHOR: Ironmanmark - (United States of America)

Mark, Why not address the other initial complaints such as the strong sales tactics your company encourages? Why not mention your affiliation with Premier Mentoring and their suspect BBB ratings,(Don't start bragging about that bogus A rating in there now) Why not mention that it is Bob Diamond who has the credible reputation and not Premier Mentoring? You see, you can spin it anyway you want, it's you and your associates who are the scammers. How come you guys never attach your company to Bob Diamond and other gurus when trying to sell their programs? Mr. Johnson is not the bad guy, he is simply a dissatified custumer who expected more from the excessive charges. Bob Diamond's only problem is working with you guys from Utah!

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#6 UPDATE Employee

We can only help as much as you are willing to work the program

AUTHOR: Mark Webster - (United States of America)

T JOHNSTON you started in January of this year and having unlimited access to all our coaches you only called the coaches a total of only 9 times You also are a part of our mastermind group and had direct access to Bob Diamond himself and you only called a few times. Out of all the weekly training sessions you only attended five sporadically. We are still working to encourage you to just do what the coaches are asking. It is hard to help when you are willing to lie about myself and my colleges and unwilling to show up for the training or call the coaches like you committed to do before you came into the program. Also out of all our over 1500 students in the last 3 years why are you one of the few students complaining about the Bob Diamond program. Here are examples of what other students are doing that are working with the coaches. We still want to help just do what we ask and show up for the training. You have are number call us. These are some of the examples of the deals the coaches are helping the students work on and have done. Christopher and Coren S. Chandler, AZ We had been talking about flipping homes for years. Coren did most of the reading and research, and then we made the decision to enroll in the Program. We got started with buying properties through the auction in October of 2009, and since then, we have purchased 36 properties! We have sold all but 12 of these properties! We are rehabbing each property with our team, making an average profit of $15K per property. We havent used any of our own moneyits all been OPM! We have good relationships with friends and other people and they trust us with their money because they have seen the results. The longest amount of time that we have had a property tied up has been 4 months. From the day of purchase, the properties are usually up for sale in 4 weeks! Our goals keep changing from flipping one property per month to five properties per month, and now we want to flip ten properties per month. So far, we are bringing in $20K/month. Now our goal is $100K/month. We have done this with ZERO of our own money! The sky isnt the limit yet. We want to go over and beyond what we think we can do. Thats why our goals keep changing! If you are honest and upfront, you can be successful. Integrity is so important when you work with other people! Jonathan W Middleburg, FL I acquired my first Flip through a local Wholesaler whom I met at my local REI Club. It's a 3/1 with 1200 sq. ft. concrete block home built in 1960 located within walking distance of an elementary school, shopping centers and also easy access to the main Freeway. I received a loan with no money out of pocket to include everything listed below from a private lender. We will be doing a full rehab to include adding another Bathroom, new roof and also adding another bedroom. We are also planning to upgrade the kitchen with new appliances and also granite counter tops. Right now the home is in a trust for protection as we work on the rehab. Total Loan: $68,000 - 3 pts and 13% interest per annum Purchase: $25,000 Rehab / Labor: $35,000 Holding and Closing costs: $8,000 Exit 1: Retail for $90 - $115k / Arv is $115k Exit 2: Rent to Section 8 Exit 3: Lease to Own Expected profit: $22k to $47k The biggest benefit I received through the Program was the steps I needed to be successful. I appreciate how he breaks everything down for people who dont really understand real estate. Now Im able to invest in properties, and feel confident with the strategies. It was drilled into us to have our exist strategies planned out before we even acquire a property. Whenever I needed a second opinion, the Resourceline was always there to help confirm my next step. I would definitely recommend the program to other people who want to be successful investors. Rick K. Lexington, KY I found my first property through a friend. The owner needed to sell the property and wanted $110K. I walked through it, went back, and offered $80K, and ended up purchasing it for $85K on a commercial loan. I did most of the rehab work myself, and sold it in eight weeks for $134K. I put $12K into repair costs, and my profit was $37K. I found an REO property online for $59K, offered $46,900, and it was accepted. This property should sell for $120K. I need to hire contractors to do the work, and keep finding more properties. It should be done in eight weeks, and if it doesnt sell, I could rent it for $300 - $400 cash flow. There are a lot of depressed properties in Lexington, and I plan to put low bids on the table and hope they are accepted. Theres another vacant REO house, which I did the research on, and the owner passed away. Its worth $130K, and I can pick it up for $60K. If I can flip two more houses, Ill be self sufficient and on my way. I dont want to work for anyone else anymore with corporate Americas current status. Working with real estate is what I love to do. Its my passion! My goal is to be completely debt free by the end of 2010. I am currently creating a website for marketing. The address is: www.homes-360.com. I have been attending real estate networking classes and buying groups letting people know what Im doing with real estate investing. My real estate agents have done a lot of the work for me. They are even willing to call around to different banks to find one that will do a loan without seasoning. I am gearing up for a big 16 day Olympic event that is coming this September to LexingtonThe World Equestrian Games. This is the first time this event will happen in America, and people will be coming from all over the world to attend and participate. Im in the right place at the right time, and want to have several awesome rental properties available. I am planning to approach a friend of mine who owns several local restaurants to partner with. I cant wait until I can walk away from my employer and say, Its been great, but Im outta here. Theres money out there for anyone to partake, if youre willing to take the risk. Fortunately, I was willing to take the risk. Get over the fearjust go out and do it. If you buy something 60 to 70 cents on the dollar, how can you lose? If you work in your own cityyou KNOW where the good properties are! Get contracts on them! I am currently making $6K to $12K a month, and work with properties worth $150K and below. I have $50K in the bank right now! I always put 35% away for taxes and tithing. I used money from my 401K to get started, and now Im paying the interest back to myself. Its a way to get started! Dont get stuck on one technique because the real estate landscape is always changing. You can always find a deal somewhere. My wife is now a believer. At first she said we couldnt afford to do this business, and I said, We cant afford NOT to do it. Im glad I got involved in the program, and Larry McKinstry helped me tremendously. Thats my story and Im sticking to it! Andrea D. San Jose, CA I was looking for foreclosure properties with my real estate agent and he pointed out an FSBO property. I ended up making an offer on it, and purchased the property for $300K in the Bay area. The home was in great shape, and only needed $3K for a few repairs. Its been on the market for three weeks listed for $355K. The whole training with the Program helped me get to this opportune place in life when its difficult to hold onto a job to be able to take care of myself, and not depend on anyone else. My financial future now depends solely on me, and not up to someone else. I have had more fun investing than working for a company. When I was working for someone else, I was always being criticized and someone else determined my salary. The most important thing I learned through the program was how to recognize a profitable, good deal. There are a lot of properties out there, so that guidance was imperative. I hope to have this property sold by the end of next month or sooner, and then Ill be searching for my next venture! Andrew C. Dallas, GA The Program put me on the path to success! I attended classes starting with the basic program to the more advanced classes, and spoke with several coaches on the Resource Line. I decided to get more involved with other investors in my local area, and have found a great team to work with in Georgia. I have purchased several properties in the $70K range, and they all had renters already in place. I am cash flowing about $800/month on each property. Every property has been very profitable! I figure that I am making around $4K/month. I am currently forming a corporation, and applying for business credit to be able to start purchasing commercial properties. Networking is everything in this business. I have set up a website to be able to send auto responders to my network of people. My goal is to have ten properties that will bring in $2K/month cash flow. That situation will free my time to get involved with bigger projects. I am making great money through real estate investing! Anthony and Wendy M. Conroe, TX We have been able to purchase a great property right on the golf course by using two HELOC lines of creditmy mothers and a close friend of ours. It only required $12K to fix-up the property, and its currently on the market with my realtor for $309,900. We may have to lower the price some to get it sold quickly. However, there are two people interested at the current time. We have set up an LLC, and are now working to establish business credit to be able to purchase more properties. There are deals out there, and once we have business credit established, theres no stopping us! To be continued . . . Anthony A Hinton, OK I purchased a property a few months ago for $50K, put 13K into it for repairs and fix-up. I went over budget $8K, but its now on the MLS market, and people are checking it out. If I can sell it for $90K - $95K, I will make a decent profit. Comparables are coming in at that price, so my hopes are high! Audrey A. Landrum, Arledge I bought my first investment property while I was in training through the Program. Ive been exposed to the principles and situations that I have been taught and have had the opportunity to apply those principles to improve both the property and my life. I feel more confident now that I understand my exit strategies. I located the property through an on-line auction. I was just playing around with it, but didnt think I would be the high bidder. It was for sale for $45K, and my bid was $23K, and I got it! It was listed on the MLS for several months, and then the bank decided to put it up for auction. It had been vandalized, so the house was in very bad repair. Ive got the property on the market at the present time. The property is a 1950s old Mill House 3 Beds, one Bath. I have put about $20K into it with adding a new roof, HVAC, carpet, refinished the hardwood floors , paint, repaired and sprayed the ceiling, remodeled the bathroom, installed new glass for the back porch, and cleaned up the yard. People have commented on how cute it is and how it has improved the neighborhood. Ive had tons of people who have wanted to rent it in the last week, and had a serious call from someone who would like to purchase the home. Its on market for $57,500. With this as my first property, I will be proud to sell it and get $10K profit, and will appreciate the education I have received in the process. I am working with another property that my father owns. Im planning to buy it from him on a lease option and sandwich in a tenant buyer. When it sells, I will make $20K. I am working on getting lines of credit set up, and have found a hard money lender to also help me move forward. Barbara and Rick W. Williamsville, MO I am a real estate agent, and had no idea how to flip a property. After spending money to get into the the Program, it forced my hands into investing, instead of sitting back on my hands. I purchased my first property for $37K in February 2009, put my team together, and it took six weeks and $25K to complete the rehab. Being an agent, I know what price range on houses are selling. It was only on the market for five days, and sold for $80,500. My profit was $18,500! I learned a very structured process through the training program, and thats what I needed. I was very happy with the training, and Im always looking every day for another good deal to work with! Billy H. Killeen, TX I just CLOSED on my first deal!!!! I partnered with someone I met at an REI club in Austin. He gave me his card, encouraged me to start knocking on doors and said to call him if I found a deal, and he would go over it with me. So, I received a call from a person who picked up my business card I left on his property while I was door knocking using the most recent foreclosure list. This homeowner had a recent stroke, couldnt work anymore, and needed our help. On Wednesday, July 1st we reinstated the loan with $5K from my partner, and I paid the homeowner $10K for his equity. The property will need $10K for fix-up and repairs. The estimated profit is $45,200, and it will be split 50/50. I would like to thank the coaches for the education and all their help! I am looking for my next deal, and havent even sold this one yet. This is a GREAT business, and Ive been recommending the program to other people! The bank keeps moving the closing date, and its currently set for December 3rd. My first property was an eye opening experience. I have a second property under contract to close December 30th for $97k. I expect the repairs to cost around $11k, and my profit potential is $28,500. Billy H. Killeen, TX I completed my first deal the end of 2009!!!! I partnered with someone I met at an REI club in Austin. He gave me his card, encouraged me to start knocking on doors and to call him when I found a deal, and he would go over it with me. So, I received a call from a person who picked up my business card while I was door knocking using the most recent foreclosure list. This homeowner had a recent stroke, couldnt work anymore, and needed our help. We reinstated the loan with $5K from my partner, and I paid the homeowner $10K for his equity. The property needed $10K for fix-up and repairs. We sold it for $48K, and after all the expenses, the actual profit was $22K, which was split 50/50 with my partner. I started out 2010 right by wholesaling a second property, and made $10K with no rehabbing costs involved. I was just the middle man on this deal, and the money is now in the bank! I would like to thank the coaches for the education and all their help! I am looking for my next deal, with the updated foreclosure list. This is a GREAT business, and Ive been recommending the program to other people! Bobby N. Huntsville, TX I bought a foreclosure several months ago, finished the rehab, and have potential buyers working to get their loan approved. I found this foreclosure property through a real estate agent. I funded the property with a hard money lender for $56K, put $12K into the actual rehab, plus other lending fees. The comparables are coming in between $94K and $100K. So, my profit should be around $24K. I have recently put in another bid on a property for $200K, which is worth $475K, and it only needs $5K in fix-up costs. I am presently in contact with my hard money lender working out the details. I also have a friend who wants to partner with me to rehab twelve properties a year for rental purposes. He will fund the properties, and I will do the work. I am currently working out a business contract with him. The Program helped me learn a lot through the classes. It was great being able to call the coaches and get my questions answered and fill in the gaps. I have appreciated all the help I have received along the way! Brett R. Dallas, TX I set a goal a couple years ago to have real estate provide at least half of my income. My motivation was the potential financial success that real estate investing can offer. I graduated from college about a year and a half ago, and shortly thereafter, the government came out with a rebate for first time homebuyers for $8K, so I decided to take advantage of it, and acquired a property with an FHA loan. So, currently, I am living in the property, and renting rooms to three friends, and the payments cover the cost of the mortgage and utilities. So, I am focusing my time and energy on my job and on my propertyfixing it up and figuring out the process. In the future, I plan to move on to more projects and build a pipeline of properties. What I felt was the most beneficial aspect of the Program was in the weekly classes. It was that classroom environment when my coach opened up the Q&A portion. I learned so much through everyones interactions, and I could see the long term picture! Every week I received guidance from my coach, Aaron, and was able to ask questions and hear real life experiences from my coach and the other participants. Thats what really helped me! I learn through the reality of a situationreal life examples of problems other people have faced and how they have dealt with those problems. People were on the call from all areas of the country. I found it fascinating, and thats where most of my learning took place. I am very happy I got involved with the training program! Brian and Sylvia G. Pleasanton, CA We found our first 2-unit property in Cincinnati, OH through a wholesaler. They were offering a program to purchase properties that were pre-contracted with occupant buyers. The purchase price was $29,900. The advantage is that the occupant buyer is responsible for the taxes, insurance, utilities and maintenance. I took over the existing land contract, so I have seller financing in place with my occupant buyer to purchase the property for $43,900. They pay the property manager, who is acting as an escrow company, $575/month, and I am receiving a positive cash flow of $400/month. However, they are also making money from the second unit, so its a win/win situation. My profit will be $14k! Our next property is on hold, as it involves my sister. We will know by the first of next month. She just needs to make a decision. We also plan to start attending our local REI club to find partners to work with. The program has helped us learn creative ideas on how to acquire propertiesnot just the conventional 10% down, but how to be creative with seller financing or 3rd party financing. This information has pushed us forward with our investing, and we hope to have more success in the coming year! Brian H. Warren, OH My real estate agent brought an REO property to my attention that I ended up purchasing for $31K. I have spent $20K for repairs, and it will be up on the market next weekMarch 12, 2010. I closed on this property January 8, 2010, so has taken about nine weeks to get it back on the market. The property appraised for $79K, and I will market it for $75K, which will bring me a profit of $20K to $25K. I am currently looking for other properties, and need to call my real estate agent to speed the process. Now that I have my contractor and other team members in place, the next property will get completed a lot faster, and Ill be able to start getting properties in my pipeline, plus cash flow! The program was instrumental with my success. I appreciated the classroom environment because I learned a great deal not only from my coach, but also from the other participants in the class as well. Having all the great material, and the Resourceline also helped me, especially while I was purchasing the property. Im glad I enrolled in this program, and others need to enroll as well to learn all the fine techniques with flipping properties! Chris G. Las Vegas, NV I found a property through my real estate agent and put an assignable contract on it for $82,500K, but needed a total loan for $110K for fix-up costs. I could only find a hard money lender who was willing to lend me $60K, and he insisted in being in first position on the loan. So, before my contract expired, I assigned it to another investor for $87,500K, and made a quick $5K. I am learning something new every day. I know a whole lot more today than I did a few months agoits like night and day! A very successful student of the Training Program recomended it to me. I wanted to learn to do what he was doing, so I followed his advice and enrolled. I would do the same for other peoplerecommend this great program! Its a quick and easy way to make money, especially in this economy! Claudia D. Leechburg, PA I purchased a completely rehabbed home for myself for $71,900 with an apartment attached, which was the fair market value for the area. I feel I got my home for a good price, and I am supposed to get 10% back at income tax time ($7,190.00). I am receiving $375/month cash flow from the apartment. It feels great to have my renters paying for half of my mortgage payment. I plan to pick up real estate investing after the first of the year, and am thinking about becoming an agent so that I can look up properties on the MLS and become familiar with PA laws. The information I learned in the training program helped me with everythingall the techniques that you can do with a property, and how to work with my team. I would have been totally in the dark because I had never done this business before. I am very grateful for the knowledge I gained through the program, and am planning to invest in more properties in 2010! Connie D. and Anthony D. Douglasville, PA My father was self employed when I was growing up. He had nine properties, and I helped him run those properties. I even rehabbed one of the garages. So, when I heard about the Armando Flip and Grow Rich Training Program, I was sold immediately! I acquired a foreclosure property that belonged to my friend for $123K. She owed $96K on it, and it was worth $225K. That was the easy part. My friend used the home as a storage unit. It was filthy! From the floor to the ceiling was junk. The water and heat had not been turned on for ten years! It was a mess, but it had some great features under the messgenuine oak floors, picture window, stand-up attic, screened in porch, and it was on acre of land. I could see the possibilities. I redid everything, except the kitchen cabinets, and added AC. I ended up putting $40K into it, sold it for $205K, and profited about $40K. I was happy in the end, and very proud of myself! I have acquired a second property, built in 1960, for $115K through a real estate agent that belonged to an elderly lady who passed away. There had been a flood, and therefore, was unlivable. However, the house was completely clean when I purchased it. I have put $30K into it, and its currently been on the market for several months for $180K. Hopefully, it will sell now that spring is here. The program gave me the motivation and belief I needed to know within myself that I could go out there and buy properties and flip them for a good profit. It became very doable. I have never been so excited about something. I wanted to attend his seminars and learn everything I possibly could. I do better face to face. Im a hands-on person. I learned so many techniques and shortcuts. I am now working with my son, and he loves it. This program has helped me to be creative. My motto is: Im not going to fix up a house like I would if I were going to own it, BUT it has to be something that I could live in if I had to. I cant learn enoughIm hungry for knowledge! Andrea D. San Jose, CA I was looking for foreclosure properties with my real estate agent and he pointed out an FSBO property. I ended up making an offer on it, and purchased the property for $300K in the Bay area. The home was in great shape, and only needed $3K for a few repairs. Its been on the market for three weeks listed for $355K. The whole training Program helped me get to this opportune place in life when its difficult to hold onto a job to be able to take care of myself, and not depend on anyone else. My financial future now depends solely on me, and not up to someone else. I have had more fun investing than working for a company. When I was working for someone else, I was always being criticized and someone else determined my salary. The most important thing I learned through the program was how to recognize a profitable, good deal. There are a lot of properties out there, so that guidance was imperative. I hope to have this property sold by the end of next month or sooner, and then Ill be searching for my next venture! Andrew C. Dallas, GA The Program put me on the path to success! I attended classes starting with the basic program to the more advanced classes, and spoke with several coaches on the Resource Line. I decided to get more involved with other investors in my local area, and have found a great team to work with in Georgia. I have purchased several properties in the $70K range, and they all had renters already in place. I am cash flowing about $800/month on each property. Every property has been very profitable! I figure that I am making around $4K/month. I am currently forming a corporation, and applying for business credit to be able to start purchasing commercial properties. Networking is everything in this business. I have set up a website to be able to send auto responders to my network of people. My goal is to have ten properties that will bring in $2K/month cash flow. That situation will free my time to get involved with bigger projects. I am making great money through real estate investing!
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#7 Consumer Comment

You were scammed

AUTHOR: David - (USA)

All I can say is you were scammed getting into getting into one of those get rich with real estate ventures. They are all scams and I fell for Carlton Sheets No down payment method, and was out $290 back in 1995.

Your first clue to the scam, and I quote from your report, Brandon Godfrey told me that if I did not make a decision to purchase the course at that moment that I would never be offered the opportunity to do so again. He said that I would not be the kind of person that they would want to work with in the future. You should have got up and walked away, and the high pressure sale to get you to join was your second clue this was a scam.

These people dont make their money from real estate; they make it from people they scam into these get rich quick scams. Once they drain all the money they can get from you they move on and forget about you and they made over $20,000 off of you.

Sorry you lost that money and its going to be very hard to get it back. You can make money and lose money in real estate, but real estate is not a quick get rich investment, it takes time. So good luck.

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