Complaint Review: Property Education LLC - Highland Utah

Women's Nigt Night Out started with a motivational video. I should have left then. But, I stayed and listened to some interesting data about how to invest in and profit from real estate investing. I am a licensed realtor in Florida and I wanted to find new ways to make maximum use of some of my available resources.

So, I paid the $1,995 for an upcoming three-day seminar to be offered by Property Education llc. The promise - both verbal and in writing - was that my tuition would be refunded after my first transaction. Nothing ventured, nothing gained, right? Wrong.

The three-day event was led by a very savvy presenter. The first day included some helpful "tips" but included far more time spent on describing how much MORE we would learn once we had the opportunity to attend a major buying event in Las Vegas. When he spent 90 minutes telling us how important the NEXT series of educational programs would be to our investment strategy, I should have left. But I didn't.

We were divided into teams, each working with one of their sales team. We were asked to provide personal information about our available resources - from IRAs to 401Ks to credit cards and bank lines of credit. All of these were fed back to us as the best way to access cash forf for quick transactions. But, first, we would go through an educational program called "boots on the ground" and then - at their expense - we would go to their Las Vegas event for investors. Had I really beden been evaluating all of this, I should have immediately challenged someone teling telling me to use my retirement accounts for future gain. I should have left then.

On the third day, we were given the news that the Diamond Program for which we should sign up only costs $29,997. Second place - the Platinum Program for $24,997. At the bottom, the Gold Program for $18,997. This time, my inner brain kicked in and I declined all three. WOW. That's when the pressure cooker went into high gear. I was offered the Las Vegas experience as a stand alone for $10,000. I declined again.

The following week, I was contacted by phone with another approach and another offer. I was told that I could get some great education and help for $6,000 to $9,000. When I asked this sales person to describe the difference between $6K and $9K, he told me I would find out once I signed up for the program! I hung up.

And yet, they tried again. This time, the caller identified himself as a real estate consultant. Nope. Sales again. He insisted that I had to set up a legal entity in order to do any real estate investor transactions. He told me the price was just over $1,200 to use teir their company. Again, I declined and said I would get back to him. He has called me several times since then, but I am not picking up the phone. God bless caller Caller ID.

This entire episode was a learning experience for me. I'm not proud of my initial decision to pay $2,000 for a seminar. I should have known better. I'm writing this report to save someone else the time and money.