My husband purchased the John Beck Free and Clear kit, a real estate investment education kit, off of an infomercial some time before February 2. After he purchased the kit, we were contacted by the John Beck Mentoring Institute and we were asked if we wanted to receive coaching on real estate investment. We said we were interested and the agent proceeded to tell us that the tuition for coaching was interest free, tax deductible, and guaranteed. We were told that 30-90 days after starting the program, we would generate $15,000-$30,000 and recoup our tuition in that time period, that is if we gave 100% commitment to the program.
Their definition of 100% commitment was 5 simple steps
1. Devote 5-10 hours a week to real estate,
2. Keep our scheduled telephone appointments with our coach,
3. Apply all the principles we learned,
4. Document each offer through our coach, and
5. Be committed to our goals we set with our coach.
We gave our credit card numbers to the agent over the telephone and my credit cards were billed for $8,000. The John Beck customer service agent I recently spoke to claims we were told in the recorded telephone conversation that the tuition was nonrefundable. Seven months have gone by and my husband and I have had several coaching sessions all of which have only instructed us to find tax default sales and auctions in our county and surrounding counties which is public knowledge.
Although we have had to briefly suspend and reactivate our coaching twice to seek medical treatment 1,000 miles away for my husband who is a recent Purple Heart recipient, we have been 100% committed to the program. Yet after 7 months of following John Beck's alleged methods, we have not made one deal and we do not have a steady cashflow as we were told we would have. John Beck's methods may be feasible in other cities and states but they have not been useable and applicable in my city, county or surrounding counties. When I told our coach this, he said I would have to travel over 100 miles for even a possibility of purchasing a property at a tax default sale or auction.
When I called John Beck's customer service and explained my situation, I was told I could not get a refund of my money and the agent offered to transfer me to another coach. I declined that offer. I had spoke to a number of local real estate agents about my predicament and filed a complaint with the Utah Department of Commerce on September 2, based on the fact that John Beck Amazing Profits has grossly misrepresented their claims and has highly unreasonable expectations including expecting me to relocate. I also consulted my lawyer and notified 3 major television networks about my dispute. I believe I deserve a refund of the $8,000 I was charged for insubstantial real estate investment education. I am not going stop fighting.
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