I was contacted by a representative of REEI, there are so many scams out there, I'm not sure what to believe anymore. There website is at REEI.com. He claims that you work one on one with a mentor (only phone and email assess), they had a good rating in the BBB but they still seem a bit shady to me. The tuition is quite expensive (form $585-20,000). It seems strange that they would not have the same tuition for everyone. He mentioned using your credit card to get the money to invest and then doing a balance transfer on the amount if the deal is taking longer than a month. I don't feel safe about this strategy or the tuition amount. What's your opinion? Has anyone gotten mentored by them?
2007-08-03 01:29:47 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You don't need this Institute to invest in a Real Estate. Read some books. Tuition is different, because they wont you to invest in there property's which located in a different states
and tell you the story, how you will multiple this money soon and become a millionaire. Scam! Scam! Scam! Good Luck!
2007-08-03 01:52:43 · answer #1 · answered by reality 6 · 0⤊ 0⤋
If it were really that easy to make money in realestate, the people who run the institute would be doing it themselves rather than mass marketing their "system" to others.
2007-08-03 03:21:33 · answer #2 · answered by Jay P 7 · 0⤊ 0⤋