- Report: #1471875
Complaint Review: rules of renovation - dallas texas
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Author Not Confirmed
Why?
rules of renovation
1408 N. Riveerfront Blvd suite 220 dallas, 75207 texas, United States
Phone:
800-203-1402
Web:
rulesofrenovation.com
Categories:
Business Rating:
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rules of renovation success path Professional Education LLC Hilary Farr they lured us to a seminar under false pretenses, then promised all kinds of things that they did not follow through on, charging us thousands of dollars dallas texas
We went to a Real Estate seminar in November 2018 called Rules of Renovation, they had a really good salesman and we got talked into spending over $50,000 with the promise of unlimited funding for our properties, and one on one mentoring, they would be with us every step of the way, no way could we do this on our own with out them. We had 3 days to cancel the contract, we had no intention of ever canceling if they did what they promised, it sounded great!
The first actual thing they did was about 3 weeks later and they had a seminar that was supposed to be all we needed to get going, it turned out to be really useless. We were also promised this great software they were to give us access to immediately, that turned out to be outdated and not useful but we didn't have access for almost 3 weeks. We have contacted them several times and they remind us we had 3 days to cancel, problem is, we didn't have access to the computer program or the seminar for several weeks. They talked us into going through a company called Seed Capital to get us qualified for credit cards (that cost $3,500 to have them do that), then they put all $41,297 on these cards, plus the $3,500 for Seed Capital.
Then we find out our "money" that they would fund all our deals with is through another company that wants so much information from us we couldn't get it together in time for our first deal and that cost another $1,000. They also talked us into turning our IRA accounts into a self directed account, that was another $3,500. We are in so much debt we cannot keep up, we have begged for our money back but the best we had offered was to downgrade us to a lower package and refund $15,000, which means we paid $26,000 plus with nothing to show for it. The one on one mentoring turned out to be only a 2 day mentorship, anything over that was an extra charge.
We checked the BBB and they say this is a scam, they say they are based in Utah, but the company address is in Texas. They use HGTV star Hilary Farr to entice us to go to the first seminar and send free tickets worth $500 in the mail to us, when we get there it is just a sales pitch for their real estate company, but they make it sound so good, we willing dish out $2000 for the 3 day program which is where they really hard sell you.
Our "salesman" was actually a very good looking and very convincing actor, we had about 7 couples buy into it for the big money and we are all now realizing what a huge scam this was. We need our money back and really want to keep them from doing this to anyone else.
Product or Service Mentioned: Advanced Real Estate Education Seminar.
Reason of review: Did not deliver on promises made.
Monetary Loss: $50,000.00
