- Report: #1182477
Complaint Review: Premium Financial Training - Nationwide
-
Author Confirmed
Why?
Premium Financial Training
Nationwide, USA
Web:
premiumfinancialtraining.net
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Premium Financial Training Flip Advantage One sales pitch leads to the next. Nationwide
My wife and I attended the initial seminar and bit on the $1997.00 pitch to attend the 3 day workshop. We were promised a lot of things that sounded amazing and easy.
Upon attending the workshop, led by David or "Fryman", we ended up attending what was more like a motavational class. Worst of all , it all eventually led to the outragous pitch of $23-$43,000 for "advanced" training. Because "we can't possibly teach you everything in 3 days."
There were a lot of gimmicks and some amazing sales techniques and a lot of people were hooked. They push you to raise seed capital by opening new credit cards, calling current cards for increases, and borrowing money against your equity and 401K. The challenge was to raise $50,000 in seed capitol. How much is their "most popular" package? $43,000. Coincidence?
I'm not saying that these people do not do real estate and don't make money. I'm not saying no one who attends their training cannot make money. I am saying that a TON of people will end up broke and have horrible credit. These people are masters at what they do. This is a multi-million dollar sales pitch that counts on the fact that most people cannot afford to move past the initial $2000. Cha-ching...$2000, cha-ching...$2000...
Thousands and thousands of people all drawn in the the faces of Tarek and Christina from Fip or Flop. Will I recover? Absolutely. Will others? Sure. Many will not.
1 Updates & Rebuttals
Brooks
arlington,Texas,
you and me both
#2Consumer Comment
Mon, October 13, 2014
Talk about false advertising, we were told we would get training for the 3 days and continuous one on one mentoring to start our business for the 2k in the original seminar. Not that we were going to a motivational/financial literacy class and now also need to raise 50k more just to move any further with them. They omitted the second step of more money would be needed to actually be a part of the 3 mth or the 6 mth guarantee. Im highly furious about it. Omitting that information is lying and we need our money back. I was in the second room at the sheraton in fort worth Mac. Sounds like you were in the first.
