Doncaster property training debt soldier killed himself

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    Doncaster property training debt soldier killed himself

    I hope the Forum moderator will permit me to mention the following and whilst it is an extreme example , I believe it offers a Saluatory lesson to anyone considering responding to the inducements offered by so called property educators .

    The article has appeared in the Money section on line of the BBC and is a very sad story of someone who genuinely believed that he could gain a better life for himself and family after he left the army by making lots of money by investing in property but the promises seem not to have materialised despite paying a 5 figure sum for signing up to the course.

    As we all know property is not a guaranteed money maker and is indeed a long term investment but with the number of people seeing such investment as a get rich quick investment the risks tend to be quickly forgotten.

    If the moderator believes this posting not to be appropriate I fully understand if it is deleted.

    #2
    https://www.bbc.co.uk/news/uk-englan...shire-51046596

    Comment


      #3
      Thanks Boletus for providing the actual link

      Comment


        #4
        Coming on the back of my posting and For those Forum posters who haven’t seen the tweet from Landlordzone this morning , there is a program on BBC 1 this evening at 7:30 which focuses on one particular Educator who Charges very high fees with the usual guarantees , a definite MUST to view given my experiences with such operations and the problems which arise when clients blindly go into such arrangements believing that they will become rich without any trouble.

        Comment


          #5
          Having seen the program it is disappointing give the manner of the presentation and “ Interview” that people are indeed seduced into parting with such large amounts; having attended several different presentations over recent years on behalf of clients the only comments I can make is that they all boil down to the same message “ Believe me I can make you Rich by following what I teach” , reality however is so very different ,
          I feel very saddened that someone with so much to live for apparently Gave his life in return for spending £15000 to find out the so called secrets of property investment which failed to materialise in any shape or form.
          R.I.P

          Comment


            #6
            I haven't seen the program, so I don't have many details beyond the original story.

            The fundamental question that no one seems to ask themselves is why on earth is the company offering the "training" telling me all this?

            They've found a way of generating huge sums of money for little to no investment and, instead of keeping quiet about it and becoming vastly rich, they've decided to create a whole shedload of competition for themselves.

            It only makes sense if you can make more money from seminars than you can from property investing (or you're selling off-plan property).
            Which undercuts the message somewhat.
            When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
            Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

            Comment


              #7
              Hi JP , the program can be found on BBC IPlayer ,it was a crowd thumping display promulgated by the guy who owned the business supported by a multitude of people whipping up a frenzy from the audience, so clearly the mob mentality was intended to say if you don’t join in your aren't interested in making money, very sickening but very reminiscent of other well marketed Free Seminars,all designed to get you to sign up for so called “Master Classes”

              Comment


                #8
                Originally posted by loanarranger View Post
                Hi JP , the program can be found on BBC IPlayer
                Thanks, I'll try and remember next time I'm "streaming" like a young person 8-)
                When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

                Comment


                  #9
                  Originally posted by jpkeates View Post
                  Thanks, I'll try and remember next time I'm "streaming" like a young person 8-)
                  The programme is Inside Out London, available on iPlayer for the next 28 days: https://www.bbc.co.uk/iplayer/episod...ondon-20012020

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