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May 25, 2012, 04:55:28 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: feeling sick in my stomach « previous next »
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Question: anyone have experience with the robert allen institute?
yes, and i'm happy with them   -0 (0%)
yes, and i regret it   -1 (10%)
no   -9 (90%)
Total Voters: 10

Author Topic: feeling sick in my stomach  (Read 1300 times)
tomburj
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« on: May 01, 2009, 07:44:28 PM »

hello..i am new to this site, and new to real estate investing..i just invested $15,000 with robert allen, and i'm slipping from excitement to despair as i read more and more reviews....anyone have any experience with him?...thank you
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scarbonzi
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« Reply #1 on: May 01, 2009, 09:10:41 PM »

Oh man, I'm so sorry you threw away $15,000. 
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justin0419
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« Reply #2 on: May 01, 2009, 09:29:34 PM »

What did you get for $15k?  My guess is nothing worthwhile.  $15K is about what it took to get us into our first investment property.  Have you made anything from what he "taught" you?
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Mr Investor
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« Reply #3 on: May 01, 2009, 10:27:21 PM »

Never shovel that much money for anything without doing due diligence.
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JakeRodgers
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« Reply #4 on: May 01, 2009, 10:54:17 PM »

I feel for ya, man. My biz partner (who also happens to be my father-in-law) shelled out about $15K for some guru seminar when we were first starting out. Two years later I kick myself in the butt enough for the both of us for letting him do that- we really didn't get much out of it, at least nothing worth anything close to $15K (unless those binders we got were inlaid with platinum! lol) It's kind of an unspoken thing between us that we flushed that money down the drain because my partner REALLY regrets it.
If I could do it again, I'd take that money and put it into a property. live and let learn.
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furnishedowner
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« Reply #5 on: May 02, 2009, 11:39:46 AM »

The lessons that you REALLY learn are those that cost you money. So, make the best of it and suck every penny of knowledge out of those lessons. Thousands of others have made the same mistake, you are not alone.

Now just forge on ahead, don't get stuck in "What if..."

Furnishedowner
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StephanieLynBaker
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« Reply #6 on: May 02, 2009, 01:10:03 PM »

All we can do is learn from our mistakes. :/
 
On the flip side, you've 'invested' more funds then others who will never take the first step in doing so, atleast your serious. 
 
Just treat this situation as a 'bad' investment with good intentions. It can happen to anyone. Utilize this course in anyway you can, ask a lot of questions, ect. Absorb what you can and run! These gurus give Real Estate Investment an ugly generalization. 
 
I like to get my free read's from the Library. After reading 100's of books you eventually pick up on what information is good/relevant and what isn't, then get out there and make the best informed decision and learn from those.
« Last Edit: May 02, 2009, 01:13:19 PM by StephanieLynBaker » Report to moderator   Logged
Bluemoon06
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« Reply #7 on: May 02, 2009, 04:13:23 PM »

Don't feel bad.  You did learn something.  You could have learned the same thing without paying that $15k, but you applied the information that you had availible to you at the time.  Now that you know better you will do better. 
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RealEstateConsultant
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« Reply #8 on: May 02, 2009, 07:18:48 PM »

Ohh no, get a refund. Did you charge it on your credit. Call up your credit card company. All of his material you can find online or in Borders/Barnes and Noble. If you are going to spend that much money go to a local guru in your area. At least they can "take you by your hand". Wish you luck.
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JeremySilva
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« Reply #9 on: May 04, 2009, 08:48:19 PM »

15k can be made back VERY quickly.

At least you made the DECISION, that you WILL be a real estate investor.

Besides, I'm sure there are people who LOVE robert allen.

I'm undecided.... I like his books, but I went to Nouveau Riche...

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justin0419
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« Reply #10 on: May 05, 2009, 01:22:25 AM »

I'm undecided.... I like his books, but I went to Nouveau Riche...

Oh no...please...no...not again...
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kdhastedt
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« Reply #11 on: May 05, 2009, 03:27:47 PM »

I'm undecided.... I like his books, but I went to Nouveau Riche...

Oh no...please...no...not again...

Shoulda just set the money on fire - the results would have been the same and we wouldn't have to be exposed to the up-sell...
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« Reply #12 on: May 07, 2009, 07:59:28 PM »

I spent 5K on a 3day bootcamp and it really got me kick started.  The reality is that less than 4% of people ever do anything after the seminars.  Therefore, you can learn for much less by reading books and finding a really good mentor or REI Club.  But knowing you paid 15K may tick you off so bad that you have to invest.  Just make sure you buy right with equity and cash flow and have multiple exit strategies.
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Abraham679
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« Reply #13 on: May 07, 2009, 11:26:02 PM »

Don't waste money think before your action.
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vittorio301
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« Reply #14 on: May 08, 2009, 02:19:43 AM »

I never knew a boot camp existed of that amount.
But Like everyone says since you feel like you got ripped off the more heart you have to succeed!

Heres to your success!
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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: feeling sick in my stomach « previous next »
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