Report: #1274380

Complaint Review: Rich Dad Education - Cape Coral Florida

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Submitted: Tue, December 15, 2015
Updated: Tue, December 15, 2015
Reported By: Josh — Folsom California USA

Author Confirmed

Why?

Rich Dad Education Cape Coral, Florida USA

Phone: 1-800-570-2050
Web: https://richdadeducation.com/
Category: Seminar Programs

Rich Dad Education Legacy Education Lame RE Education Cape Coral Florida

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I paid $524 to Legacy Education aka Rich Dad Education for promised 3 days of RE training. James Smith (speaker at event that sold me on this RE class) promised I would learn: exactly where I can find other people's money, 14 Sources of Money to Fund my RE Investments, short sale & RE Deals in the "Hidden Market", etc. He never said only 20% of that class will be spent talking about basic RE concepts. If he did, they know few people buy their "3-day sales pitch", so I don't appreciate being lied to & ripped off.

If they spent 3 days teaching me more about RE as promised, I'd be happy, even though there's always more to learn. Instead, 80+% of the time was spent telling emotional stories that I did not care for and selling themselves and telling us to spend $30,000+ of "additional training", so I'm very unhappy.

Most people at the event knew nothing about RE, commodities & stock market, so the basic ideas the coaches shared may have sounded intriguing to them. I've dealt in all of these areas for years, and expected to learn more as I was promised. I got to hear untrue (or exaggerated) statements by coaches on number of occasions: it felt like sitting in a church, where the speaker says what he wants, even though some of it is not true, you have to hear those lame stories, pretend to like it & try not to fall asleep. I drive an hour to the event just to hear a sales pitch, and like many attendees, left disappointed. What's interesting, the coaches insist we don't talk to each other during lunch, as we're not rich yet, so we don't think like the "eagles" do; the fact is they want everyone to believe their stories and make an emotional decision to spend $25K-45,000.

Legacy Education doesn't deliver on their promises, at least in the 3 day "RE training" class. If you like pushy sales presentation, you might as well go to a timeshare presentation, it's quicker. I should've spent $524 on my hobby instead of donating to this group, I would've enjoyed it a lot more, not have the deal with stressful sales presentation.

This report was posted on Ripoff Report on 12/15/2015 02:11 PM and is a permanent record located here: https://www.ripoffreport.com/reports/rich-dad-education/cape-coral-florida/rich-dad-education-legacy-education-lame-re-education-cape-coral-florida-1274380. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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