ED Magedson – Founder
glenn purdyToronto, Ontario USA
glenn purdy caninvest marketing, paul hecht, Jon Dowedy Charming Theives who bankrupt me Toronto Ontario
I went to there workshops. They go so fast cant rite stuff down. You cant ask them anything, they make fun of you. Always asking for more money. First time they want 7500 for bus to florida I say i'll take greyhound, they get mad. Money not for bus but for secret source of good deals. They show pictures of boarded up house they bought for 7000.00. Where was it? They forgot.
They say you can make money on flips. One other man also ask about flips, but they don't tell you anything -- every case different. I try to buy property from associate at back of class, to tell him to relist at higher price to give me ten thousand and he could keep rest as commisions. He said not how things work. First you buy property, pay your money, then we talk, but he has no card, wont give his number. He don't even have name, just call him W.
One other woman there, say she bought properties with these guys before with her husband and lost all there money - $750,000.00. Thats almost million dollars. Now her husband died. I say why you keep coming back - She say to give them another chance. Maybe it was just bad luck.
I even take more seminars for flipping mortgages, but all they want is more money. Pay, pay, pay.
Now they have new deal -- buy new house in Florida, so you don't have to find contractor to fix it up. They say you make 100,000.00 but probably more -- you just have to ask for it and its yours. All house prices going up. You buy land from them for 100,000, hire them to build house for 200,000, and sell it for 525,000 to 575,000, even 600,000. I ask them why it has to be only one floor, not 2 storey, for cheaper floor area, and they say Paul already do design perfect, just do what they tell you. First they say lot is 50,000, then 100,000 because things are going up faster, but I do online search to find Florida canal lots start at $2,500.00 - not 100,000. And 600,000 total - no pool, no 2 floors, no deal. Nothing on line for over 250,000 - 300,000.00. They try to rip me off for 300,000. They said we could create mortgage, and I could resell mortgage for cash to someone else. They tell you it so easy to make money, but pretty ovious they think we're all stupid. To make money, all you have to do is create mortgage to sell paper to make money - just temporarily lend money to yourself that you don't have - That's why I come to this stupid class.
If you want to take there course, find someone in audience who also wants to go, pretend your a couple, and get in 2 for 1.
This report was posted on Ripoff Report on 11/22/2013 03:23 PM and is a permanent record located here: http://www.ripoffreport.com/reports/glenn-purdy/toronto-ontario/glenn-purdy-caninvest-marketing-paul-hecht-jon-dowedy-charming-theives-who-bankrupt-me-1101537. 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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