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Dave's Acquisition Fees are a Lie!

The first thing you will discover when trying to find deals for Dave is that his Acquisition Fee pitch (3-day worth of enticement pitched to regular people like you and me at the Bootcamp) is all a lie!

Jeanie Orlowski, Dave's Assistant will be the first one to tell you that in addition to informing you that you actually "do not deserve any acquisition fees", "what makes you think you deserve an acquisition fee?" "Dave doesn't pay any acquisition fees".

It is sad, sad, sad that the only way for Dave Lindahl to win his audience and collect money from people and attract a crowd to partake in his programs is to perpetuate a lie to one and all sitting in the room by representing that everyone will immediately be entitled to an acquisition fee between 1 and 3 percent should they bring Dave a deal that comes under Dave's scrutiny called the "Holy Trinity" encompassing cash on cash, cap rate and debt coverage ratio.

Dave, you have so much money! Why do you have to lie and take advantage of your not so fortunate brothers and sisters by intentional misrepresentation and concealment of a material fact?! Don't you know that such deceptive practices are absolutely and completely illegal? Don't you have any conscience or a sense of honor or a feeling of obligation to your fellow countrymen to do the right thing? Why, Dave? Why?

Reviewer is in unhappy mood. This person stated that there is a room for improvement of fraud by intentional misrepresentation. Please immediately contact the author of this review to discuss poor customer service of re mentor founder. Re Mentor needs to read this review and look into the issue (if any) according to poster's claims.

Other people also mentioned re mentor founder in their reviews. You may find this information helpful for further shopping at Re Mentor.

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Anonymous
#1558036

This review cracks me up. Why would Dave pay out an acquisition fee if you don't raise any money?

An acquisition fee is for someone who raises the money for a specific deal from investors. If you brought him a deal and he raised it why would he give you money? Would you give money for free to someone if they didn't do anything? It seems like a socialist mindset to get something for nothing.

Dave provides a great program that has a ton of successful students who don't share the same mindset that you have. So yes Jeannie is 100% right. Why should he give you one? Real Estate takes work.

Especially commercial real estate but the returns are great. Try learning how to do it correctly and learn from someone who does it the best way possible.

Anonymous
#1374470

I agree. I just paid for the three day boot camp.

Upon registering, I was handed a flyer with the location of the seminar. I told them immediately that location didn't work for me. They said to call the number on the flyer to change the location. Turns out the number belongs to the hotel.

I looked up re mentor's phone number online and have left numerous messages and days later no one had called back.

I'm contacting my bank to investigate and retrieve my funds. They aren't professional

Anonymous
#1355767

Can someone please enlighten this *** on how acquisition fees are obtained? It is an industry standard and only obtained on the closing of a property.

It is calculated in the underwriting.

Dave is not responsible for it. Any real investor would know that, and would realize this complaint is made by an ignorant fool.

sal_r_rod
#1339972

Comsumers!!

If you have a complaint, submitted it to the Better Business Bureau.

www.BBB.org

They only have one complaint registered.

The company's name is:

Creative Success Alliance Corporation 100 Weymouth Street Rockland, MA 02370 They still have a good rating but if you all submit your complaints, that will change. A 14-day refund policy is not enough if you have to attend lengthy trainings, which is scheduled futher down the line.

Scammers should be exposed and please read any contract carefully before you sign.

I'm sure they added that clause about having to reinvest much more money after the fact. I almost attended the seminar but thanks to these reviews, I did not attend.

Anonymous
Rockland, Massachusetts, United States #1157835

Dave's Acquisition Fees are a Lie!

The first thing you will discover when trying to find deals for Dave is that his Acquisition Fee pitch (3-day worth of enticement pitched to regular people like you and me at the Bootcamp) is all a lie!

Jeanie Orlowski, Dave's Assistant will be the first one to tell you that in addition to informing you that you actually "do not deserve any acquisition fees", "what makes you think you deserve an acquisition fee?" "Dave doesn't pay any acquisition fees".

It is sad, sad, sad that the only way for Dave Lindahl to win his audience and collect money from people and attract a crowd to partake in his programs is to perpetuate a lie to one and all sitting in the room by representing that everyone will immediately be entitled to an acquisition fee between 1 and 3 percent should they bring Dave a deal that comes under Dave's scrutiny called the "Holy Trinity" encompassing cash on cash, cap rate and debt coverage ratio.

Dave, you have so much money! Why do you have to lie and take advantage of your not so fortunate brothers and sisters by intentional misrepresentation and concealment of a material fact?!

Don't you know that such deceptive practices are absolutely and completely illegal? Don't you have any conscience or a sense of honor or a feeling of obligation to your fellow countrymen to do the right thing? Why, Dave? Wh

Sir, this is Jeannie Orlowski from David Lindahl’s office, you are misinformed.

Yes Dave does partner and has partnered with students on many deals, we have the paperwork here in the office to prove it if you would like to stop by. Dave does not pay an acquisition fee, the private money equity partners pay the acquisition fee. At no time during the boot camp does Dave state he will pay an acquisition fee to someone bringing him a deal. You are correct however that the deal does have to meet the perimeters of the Holy Trinity.

It is industry standard in the Multi Family business that the money investors pay and acquisition fee of 3 – 5% and again, I invite you to our office on 100 Weymouth St., in Rockland to look at all of the letters we proudly display through out the building from students who have gone out and followed the step by step process they learned at the book camp and got into cash flowing deals, many with no money out of their pocket and got acquisition fees at the closing. You could even call them if you like. Randomly pick 10 or 20 letters or pictures off the walls and we will give their phone number and you can verify the accuracy of what I am telling you. To call Dave Lindahl a liar upsets me.

I’ve know and worked for Dave for over 17 years he is one of the most honest and high integrity people I know, that is one of the reasons I enjoy working here. He has taken what he has learned from starting from scratch to owning over 8,000 apartment units and put together a good quality educational system that shows others who are willing to take action, how to do it too but you have to take action for it to be successful. Is there an offer for more education at that event? Yes, of course there is, we are an education company, we need revenues to operate the business.

Is the event all about selling you education, well based on the large number of testimonials we have on the walls in our office from do’ers, it is obviously not. Forgive me if I am abrupt but again, I take great offense when people like you say things that are simply not true.

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