A.D. Kessler, Professional Educational Foundation Training Program for Lifelong Independence has Strict NO Return policy Rancho Santa Fe California
We, (my wife and I) ordered this Real Estate Investors course and Mentoring package from this company a while ago based on promises made by their independent marketing team. They told us "Failure was NO Option" in becoming an investor in NH. The main source of income from using their package was arranging Lease Options in our state.
They said we could get little or low cost legal services after we were on the program but did NOT disclose how. It turns out that "Prepaid Legal" did NOT work then in NH and if it did they would not cover any use for investors, where we would not be living in the house with the Lease Option. We were under the impression that we would need a few hundred dollars for marketing costs but not much more startup funds! We were NOT equipped to handle the legal fees to rewrite their Generic contracts at $100/page or $250/hour. The few Attorneys and Title companies I spoke with implied I could NOT keep the Option fees because of the pro-tenant laws in NH if the tenant/buyer backs out or it would be illegal for me to sell someone else's house unless I had a Real Estate license!
The independent marketing company also made other promises: we would have access to a "Roundtable" of like-minded investors to help us get started investing in Real Estate. (There is NO Investor group in NH to this day), we should be able to make enough money in 90 days to cover the cost of our "financed" portion of their mentoring service, so we should NOT worry about paying the future bills. I was unemployed then and I worried about that. We gave them $1000 deposit for their training course!
We appealed to them, asking to get a refund but they refused, saying their training course had proprietary information that could NOT be unlearned or returned. In the mean time, we have made NO money in Real Estate as they promised we should and we have their creditor trying to collect the finance fees for this course. We were obviously misled by this company and would just like to return their package and get a full refund and clear this issue off our credit report.
20/20 hindsight implies "Failure was our ONLY option" since we never made any money and their mentoring service said we did NOT really have to get their Contracts approved after we discovered they could be illegal in NH. They once suggested we could get some contracts from our local board of Realtors. They would ONLY release their forms to licensed Realtors and implied it would be illegal for anyone else to use them! Local Realtors could NOT refer any "Lease Option" deals to us because we were NOT Realtors, which was one of their ideas.
Chris
Hudson, New Hampshire
U.S.A.
5 Updates & Rebuttals
William
Norwich,Connecticut,
U.S.A.
A. D. Kessler's program rip-off so successful, they wouldn't be pressuring you
#6Consumer Comment
Sat, December 13, 2003
If the program were so successful, they wouldn't be pressuring you for between 5 and 15 thousand, they would just show you how to do it, and make a contract for the money to come out of the profits later, I for one don't see them advertising the program as costing little or nothing to start, and when they get you on the phone try to get you to put the cost on a charge card. Actually they have proven by this that it is a scam and they would refuse to refund moneys.
Luckily I saw through their scam and didn't fall for their high pressure tactics. I am debating whether to go to the state's attorney general with this, if I were ripped off, I would approach the attorney general, I mean that is their job. My advice to people is if someone is that high pressure, don't fall for it, and hang up the phone before it costs you lots.
William
Norwich,Connecticut,
U.S.A.
A. D. Kessler's program rip-off so successful, they wouldn't be pressuring you
#6Consumer Comment
Sat, December 13, 2003
If the program were so successful, they wouldn't be pressuring you for between 5 and 15 thousand, they would just show you how to do it, and make a contract for the money to come out of the profits later, I for one don't see them advertising the program as costing little or nothing to start, and when they get you on the phone try to get you to put the cost on a charge card. Actually they have proven by this that it is a scam and they would refuse to refund moneys.
Luckily I saw through their scam and didn't fall for their high pressure tactics. I am debating whether to go to the state's attorney general with this, if I were ripped off, I would approach the attorney general, I mean that is their job. My advice to people is if someone is that high pressure, don't fall for it, and hang up the phone before it costs you lots.
William
Norwich,Connecticut,
U.S.A.
A. D. Kessler's program rip-off so successful, they wouldn't be pressuring you
#6Consumer Comment
Sat, December 13, 2003
If the program were so successful, they wouldn't be pressuring you for between 5 and 15 thousand, they would just show you how to do it, and make a contract for the money to come out of the profits later, I for one don't see them advertising the program as costing little or nothing to start, and when they get you on the phone try to get you to put the cost on a charge card. Actually they have proven by this that it is a scam and they would refuse to refund moneys.
Luckily I saw through their scam and didn't fall for their high pressure tactics. I am debating whether to go to the state's attorney general with this, if I were ripped off, I would approach the attorney general, I mean that is their job. My advice to people is if someone is that high pressure, don't fall for it, and hang up the phone before it costs you lots.
William
Norwich,Connecticut,
U.S.A.
A. D. Kessler's program rip-off so successful, they wouldn't be pressuring you
#6Consumer Comment
Sat, December 13, 2003
If the program were so successful, they wouldn't be pressuring you for between 5 and 15 thousand, they would just show you how to do it, and make a contract for the money to come out of the profits later, I for one don't see them advertising the program as costing little or nothing to start, and when they get you on the phone try to get you to put the cost on a charge card. Actually they have proven by this that it is a scam and they would refuse to refund moneys.
Luckily I saw through their scam and didn't fall for their high pressure tactics. I am debating whether to go to the state's attorney general with this, if I were ripped off, I would approach the attorney general, I mean that is their job. My advice to people is if someone is that high pressure, don't fall for it, and hang up the phone before it costs you lots.
Shambhu
Shakopee,Minnesota,
U.S.A.
also paid $ 5,000 to AD Ksssler never got my money back
#6Consumer Comment
Sat, November 15, 2003
I also paid $ 5000 to AD Ksssler and have not got my money back. They claimed the same thing: Failure is not option and asked " What will I do with extra $100,000 per year?"
I will get my money back in 90 days. I aksed If I could pay it from the money I will back, and the answer was no.
I think they must know that people will not succeed and so has no return policy or the policy is such that you can not get refund.
So, may be a local realtor who wants to sell invesrmtent properties can help more than. I think they covered their a*s by written contract and the promises by phone can not be documented unless there are many people whom they told the same story.
If you find more people, who have got rip off like that, may be we can all get our money back.
Also, got another call from another real estate investment group for a similar coahcing program, but this time I was wiser. A $ 5000 lesson, not bad.