Complaint Review: Nouveau Riche Investment College - Honolulu Hawaii Nationwide

Hey,Charles,have another BREW!

I am not an employee of NR,I only attend the program training that they provide for a fee just like any other educational cirricullum.Only I am getting something out of it,and am able to apply it to my business needs.I have been ripped off by some real scams...but this is no scam.If you think that you can just sit back and make realestate deals by just talking or signing some paperwork,then you are going to lose and probablly lose big.I suspect that you are more "SHOW"than"GO"! As with any JOB,one must apply one's self to be something! Maybe you should stay employed working for another business owner!!!

This a GIANT SCAM RUN AWAY

In responce to Smartmoney in Hawaii...One does not have to become involved in the "pyrimad" portion (as you put it) of the Nouveau Riche program.Mostly these are people marketing the "product"(Nouveau Riche) for income and to have money for realestate investments.I am sorry you feel it is a pyramid.I am not currently marketing the product because I don't consider myself a "salesperson".That could change later!I have,however, purchased all the packages available to me,and have attended 2 colleges.Let me just say that with what I have learned so far and put to use,my little portfolio is earning me more than any of my stock-portfolio ever could...with what...one fourth the investment!Needless to say,I don't have a stock-portfolio or a market advisor any longer.As with any "Investment" you only get out of it what you put into it! If you want to make money,you have to work,lets face it.It's not going to just show up in your bank account.One must apply ones self and get serious.I enjoy what I do now,and the cost of the college...well I could have lost that on my first realestate deal.But this college is giving me the "tools" and knowledge to help me become a "smart investor" I am recently retired after 33 yrs in tel-comm industry,and I wished I had known about this college before I retired...could have saved me a ton of money!!!!

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.

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.

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.

Smart Money, I feel your pain, I really do. I have been in the Nouveau Riche community in the Chicago area for almost a year, and I have found professional, ethical, caring individuals that are out to make a difference in the world. I apologize that I was giggling as I read your description of "recruiters" being "inputted" into the crowd. As it turns out, there are no recruiters, there are only independent businesspeople who have opted to market the education. And many of them show up at the business briefings and sit in all different places in the room to be with their guests. I must admit, many of them are hootin' and hollerin' and all jazzed up sometimes (and I sometimes bury my eyes and shake my head), but you have to understand that when regular people find themselves in a position of earning in a month what they used to earn in a year, well, they can get a little over-exhuberant. AND I get that it makes some people uncomfortable and suspicious. You are correct, sir/ma'am, that Nouveau Riche is NOT an accredited college. It takes a couple of years and serious scrutiny by various educational boards to earn that accreditation. All I can say about that is "stay tuned". Can you say "Google IPO"? Mr./Mrs. Money, Nouveau Riche is NOT a pyramid scheme. Why, they bear absolutely no resemblance to the well-honed pyramids such as AIG. If you're referring to a company where the people at the top make all the money while the ones down below make little and do all the work, you need to start looking hard and long at corporate america, my friend. Last time I looked, Nouveau Riche had a compensation plan adopted by insurance companies everywhere - a newbie sales professional pays his mentor for the first few sales, then s/he is certified and NEVER pays another dime. Ever. No, Virginia, there simply is no "up-line" in Nouveau Riche. Now, to the crux of your complaint - do they actually educate people? I have degrees from respected colleges in Ohio and Illinois, and this education is easily on par with all of the bachelor's, master's, and advanced coursework I've done. Only YOU can choose to be educated. Nouveau Riche provides practitioner instructors that are helping thousands of us create wealth every day. And this education / opportunity is not for everyone. It doesn't mean that anything's wrong with the opportunity or someone who is looking at it. It simply means that it may not be a match, just like any other opportunity or JOB. My final request is that you really look at your experience here, and get that you should not equate your uncomfortableness with it to deception on the part of people who are making a difference in the world.

I was a Robert Kyosaki Student and please do not think he is innocent in this Real Estate Investing Education wave. The Rich Dad system is extremely expensive and you don't even get half of what you get from Nouveau Riche. I am brand new to the community in South Florida and I have nothing but good things to say about Nouveau. Maybe in other parts of the country they are not conducting the business right but its working great for me. Everyone's experience is not going to be the same, some people are not cut out for it. I really had to respond because of your mention of Robert Kyosaki, his system is not the worst but it brought me a lot more credit card debt than real estate. At least, with Nouveau I have access to more investors than I can count that I can go to for assistance with deals. I'm not here to convince any body, just do your homework first.

I was a Robert Kyosaki Student and please do not think he is innocent in this Real Estate Investing Education wave. The Rich Dad system is extremely expensive and you don't even get half of what you get from Nouveau Riche. I am brand new to the community in South Florida and I have nothing but good things to say about Nouveau. Maybe in other parts of the country they are not conducting the business right but its working great for me. Everyone's experience is not going to be the same, some people are not cut out for it. I really had to respond because of your mention of Robert Kyosaki, his system is not the worst but it brought me a lot more credit card debt than real estate. At least, with Nouveau I have access to more investors than I can count that I can go to for assistance with deals. I'm not here to convince any body, just do your homework first.

I was a Robert Kyosaki Student and please do not think he is innocent in this Real Estate Investing Education wave. The Rich Dad system is extremely expensive and you don't even get half of what you get from Nouveau Riche. I am brand new to the community in South Florida and I have nothing but good things to say about Nouveau. Maybe in other parts of the country they are not conducting the business right but its working great for me. Everyone's experience is not going to be the same, some people are not cut out for it. I really had to respond because of your mention of Robert Kyosaki, his system is not the worst but it brought me a lot more credit card debt than real estate. At least, with Nouveau I have access to more investors than I can count that I can go to for assistance with deals. I'm not here to convince any body, just do your homework first.

I was a Robert Kyosaki Student and please do not think he is innocent in this Real Estate Investing Education wave. The Rich Dad system is extremely expensive and you don't even get half of what you get from Nouveau Riche. I am brand new to the community in South Florida and I have nothing but good things to say about Nouveau. Maybe in other parts of the country they are not conducting the business right but its working great for me. Everyone's experience is not going to be the same, some people are not cut out for it. I really had to respond because of your mention of Robert Kyosaki, his system is not the worst but it brought me a lot more credit card debt than real estate. At least, with Nouveau I have access to more investors than I can count that I can go to for assistance with deals. I'm not here to convince any body, just do your homework first.