Austin Davis's commercial real estate guide

[Christopher Alsobrook]

Has anyone bought Austin Davis's program. If so any feedback either way. Has anyone ever had a deal funded throught this program?

[Robert Kim]

I just got spammed from someone pushing this "guru" and have a few thoughts about it.

How to sniff out the fake gurus from the real one?

Ask for PROOF of deals they've done. HUD-1 Settlement Statements of the deals they've supposedly done. If they say they can't disclose this because of "confidentiality", they're probably fake.

It's easy to understand why gurus can't disclose information while a deal is in progress, but once the deal is done there shouldn't be any problems with disclosure, especially if they are trying to sell you on their self-proclaimed expertise.

For example, Karen Hanover was a total fraud but over 100 people gave her as much as $30,000 each without checking her credentials and thousands more gave her at least $3000 each (Google her name, Karen Hanover, and you'll see how bad it got). I spoke with some of the people that Hanover said she worked with at the big commercial brokerages and they all said that she was lying. All it took was a single phone call to save $30K but nobody bothered to do that. Hanover ended up stealing well over $1 million by getting people to buy into her fake credentials.

I still get calls from "gurus" trying to sell me their programs but now I ask for proof and it doesn't surprise me when I get the standard response that they can't disclose it because of "confidentiality". From then on, I either hang up on them or, if I'm bored, jerk them around a bit before hanging up.

As of now, I've only isolated four gurus who are actually doing deals and will only consider their information as being valid and worthy of spending BIG dollars on to learn (two are in the Boston are, one is in Virginia, and one is in Atlanta). I'm in partnership with two of them on deals already so I know they're the real deals. I don't mind spending a little (very little) money to learn from the other unproven "gurus" but reserve the big money for these proven four.

Good luck. Remember, when they call you to sell you their stuff then act offended when you ask them for proof, YOU should be the one who is offended since they called YOU, you didn't call THEM.