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I wouldn't buy this guy's stuff with fake money. I have experience in crunching numbers in my own business, so I know that even if what he purports easily possibele WERE, so many people would be entering into this portrayed field of distressed property purchase, tha availability would soon dry-up. Don't you think guys like Trump would have a subsidiary to grab such bargain if they really existed (and that the pros are already the first to plumb any real opportunities in the real estate arena? Even if some of the testimonials were true, they would only be akin to someone being somply lucky, like a lottery winner, and the rarest of exceptions.
Further, I know that where properties can be purchased for tax deficiencies and the like, there are usually requirements that the deficient party has a significant period time remaining to make good the deficiency and reclaim - so any interim holder would simply be reimbursed with perhaps a moderate reward for the use of his/her money.
His infomercial, however, is somewhat fascinating, watching this smarmy weasel showing pictures of properties bought for a few hundred dollars (he recites the price to the penny, apparently to add veracity), while the man and woman "anchoring" the "interview" ooh and aah -- and then glowingly urge him to present more examples of these opportunities every few moments, after he moves the pitch into another direction.
A pickpocket is to be admired compared with this scam artist. At least he goes man-to-man versus his prey, and I suspect most at least admit what they are, and probably have at lease a bit of sympathy for their "marks."
With the plethora of cable channels, it seems that many will sell time to just about anyone. I'm not a fan of big government, but it seems that this is an area where laws should be made to put guys like this away with maximum penalties. But I suspect the station owners' contributions to the politicians give this a minimal chance. |
