Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Guru, Book, & Course Reviews
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

1
Posts
0
Votes
Rich DiBiase
  • Residential Real Estate Broker
0
Votes |
1
Posts

Bill Vaughn - Intellibiz - A Simple Mans Guide to Real Estate

Rich DiBiase
  • Residential Real Estate Broker
Posted

SCAM !!! BUYER BEWARE !!! - RIP OFF !!! I purchased this course and paid extra for a monthly consultation with Bill Vaughn. Here's how the first conversation went:

I spoke to Bill on the 20 minute phone consultation. I told him I'm interested in investing with zero down payment as his advertising states. This is the advice I received from Bill Vaughn himself:

1. Find a partner willing to provide the money.
2. Find a property at 20% to 30% below market value.
3. Use an escape clause, such as "contingent upon partner's approval", in the contract in case I want to back out for any reason.
4. Buy it.
5. Sell it.
6. Split the profits with your partner.

Duh, really?

When one pays $100 they're looking for secrets, not obvious stuff.

Find a partner with money. Buy low. Sell high. One could give the same advice for any type of investment.

This is like spending $100 for a course on investing in oil wells and getting this advice:

1. Find a partner will to provide all the money.
2. Find an oil well at 30% below market value.
3. Use an escape clause in the contract in case you want to back out.
4. Buy it.
5. Sell it.
6. Split the profits with your partner.

In addition to this worthless advice, Bill Vaughn did not honor my request for a refund - stating that all of the numerous technicalities to qualify for a refund were not met.

STAY AWAY FROM THIS COURSE !!!

Loading replies...