“When is the best time to get out there and make a lot of money? NOW!” says the real-estate investment speaker in a dim ballroom in a hotel just off a New Jersey highway. Body odor musky baby powder and farts mingle and hang in the air. I’m in a dim ballroom that’s been converted into a nexus of financial success. A tall man in his 40’s or beyond, with square shoulder, combed thinning blond hair, lords over the group of about 35 on a Tuesday afternoon. In a condescending tone a practiced manner of over-enunciating every syllable, he’s here to disseminate the secrets of real-estate pros. Working undercover for CNBC’s On The Money, I’m eager to learn…
Check me out on On The Money tomorrow night. I acted as their on-screen reporter in their piece about the Robert Allen get rich in real estate Institute. Catch it Friday at 9pm eastern on CNBC. Bloggers are reporters and they’re on TV, baby!
Going to have to wait a bit longer to see the Consumerist teaming up with On The Money to look into Robert Allen special. Robert Allen himself has agreed to speak to them on-camera and they want to hold the piece so they can include that material. Maybe we’ll see it next week. Will let you know.
I wanted to find out what Robert Allen’s “get-rich-quick in real estate with no money down” promise was all about, so when I saw a full page ad in the Daily Post advertising one of his free seminars recently, I went and checked it out. I’ll give you a full run-down later, but here’s the quick and dirty, and what I can tell about how the darn thing seems to function.
Despite Subprime Implosion, Robert Allen's Troops Still Pitch "Get Rich Quick In Real Estate With No Money Down"
Robert Allen promises to make you millions teaching you how to buy real estate with no money down. Unsurprisingly, Ripoffreport is littered with complaints about his company and those that use his name. Here’s the story they tell: