I truly debated if i was going to write this report, but I felt like I had to let others know about the program. I went to Jim Toners free seminar and was completely caught up in all his energy and promises. I went in for an interview, was very honest about my financial situation and was told that If I gave them the chance my whole life would change for the better. I signed on willingly. I was made to feel so important and that this was the best thing I could do for myself and my families future.
I will say that the 3 day class was informative. I was on cloud nine. I listened to one of the teachers (Vince) talk about his and Jims "High end flips" he bragged about how much money they would make. All I knew was that I wanted to have a chance at this. I hit the ground running after the class. Got all my ducks in a row and wanted to get started. The first hurdle came when one of the teachers, I chose as the agent I wanted to work with. (Gary Wilson) It took him 3 weeks to get back to me after many messages.
I was informed by him that his services were valuable and that he would only be my agent if I agreed to a minimum commision of 2,000.00. He assured me he was worth it. I looked at properties, asked him for the comparable properties to make a decision, (as per the training) this took another ten days to get. When I looked at the numbers going by their formulas I made my decision to purchase. I was told by my agent and I use the term loosely that my offers would not even be entertained so I asked him what he would do. He said sometimes you have to just go for it and pay a little more.
At that point I no longer felt like he was helping me just trying to make another sale. How can you go against the teachings that just weeks ago you said yourself was the stepping stones to success. I lost all respect at that point. I found another agent and I am working things through them. I also left a message for Jim voicing my concerns about this conversation and I am still waiting for a return phone call.
What bothers me the most is I did a little research on the property Vince and Jim bragged about, this property has been on the market almost 2 years. I dont think that this is a successful project. Would you? It seems they dont practice what they preach. I am bombarded by emails and voice dials that ask for additional funds from the students for all different kinds of programs, and doing deals with them. They actually asked for a 50,000.00 investment on a commercial property they were working on. This property is their own office.
Smells fishy to me. They offered no ownership stake in the property. I was asked to join a "special group of students" for a 25,000.00 investment. They are always trying to get more money out of people. I have spoken with other members that are quite frankly feeling the same way I do. We have meetings that we all get together to network.
Well now those are going to have a charge. I looked at the responses to the other reports against this company. Funny thing is going by the names, the responses are from employees. They look at this man (Jim Toner) as a god and all I see quite frankly is a very skilled smooth talker. Quite frankly after doing research on the internet and joining some very inexpensive investor clubs, I gathered the same information without the 8,000.00 investment.
I am quite certain that the site will be bombarded by "their friends" with tales of how wonderful everything is. Notice how quick they came through after the last negative report was posted. Do your homework people. Nothing I have stated is un true. I have the emails to prove it. Why would a company have to constantly solicit more money? How can you teach people to invest and promise the moon if you cant make it happen on your own deals.
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