Nouveau Riche University

Jeremy,  Fontana, CA

Posted at 4:39am on Saturday, September 6th, 2008

Im not a memeber nor students of NR but Im 24 years old, having nothing going for me and have my biggest dream and that's to live in Mexico. I was contacted by one of the NR members at the mall I secure and he's gotten me very interested in the program, however I fear what people say that its a waste of money, that right now is not the time to inves so and and so on. Im just skeptical, it sounds great although it is pricey and Iv never been god with numbers of math.. How can you become a member if you cant pay for the school and whats the percentage of people who actually do this a accomplish their dreams and goals?

Ryan,  Seattle

  Posted at 12:10pm on Friday, September 5th, 2008

Thinking about Nouveau Riche? Read on. I am an above average college grad. I have a degree in Finance and Economics. I work full time as an operations manager for a global commodities company and I make great money.

I was surfing craigslist one day in search of a real estate investment professional that was in need of help. Mind you I was looking to become somewhat of an apprentice to this person. I found a post that seemed to fit my needs very well so I responded. After a phone call I thought I was in. We scheduled to meet at his "office" the following Tuesday.

Imagine my surprise and chagrin when the "office" I showed up to was an empty space; an old house converted into a meeting space. The guy I talked to originally said we had to wait for his "partner."

The partner was a real gem; he wasted an hour of my time explaining an MLM disguised as an investment opportunity that I've seen dozens of times while searching for summer work as a college student. When I as... read more »

Mike,  Florida

  Posted at 1:05pm on Wednesday, September 3rd, 2008

the following statements have been taken from PYRAMIDSCHEME.ORG

The weak and the vulnerable are set upon with trickery, loopholes in laws and psychological manipulation.
The disguises, rationalizations and defenses have a similar ring. Perpetrators claim they are uplifting people, setting them free, creating new opportunity, and teaching them a new and better way to live and prosper.
As in all such abuses of the past, huge amounts of money are spread to peddle influence, stave off regulation, and maintain the false portrayal of legitimacy.

Mike,  Florida

  Posted at 1:04pm on Wednesday, September 3rd, 2008

Dean,
Your thoughts and sincerity are truly appreciated. You stated clear and concise facts and researched information. No one has refuted your statements intelligently.

jacky,  miami

  Posted at 10:47pm on Saturday, August 23rd, 2008

i am Realtor, these meetings are not professional.
re need marketing, no victims, this network will make richer only the heads of the pyramid, not you who want to join today, like any other proffesion, pick up someone withh Experience to take from, not to pay any guru high. good luck.

Lori,  Orlando

  Posted at 12:37pm on Friday, August 15th, 2008

Dean,

Please share the details of your real esate holdings and your accomplishments? Nouveau Riche offers everyone that walks trought the door the oppurtunity to do something with thier life.How a person choses to follow through with this is up to each one.Anyone seeking information from any company or sminar is there for one reason, "an oppurtunity" We all deserve this.
I truly feel you have been burnt before and this is understandable, i myself have been there.Nouveau Riche is awesome and will work, if you work hard and beleive in yourself and know you can do anything if you want it bad enough.
Give yourself a chance and i believe you can do anything you set your mind to and just maybe, be prove that you are very wrong about Nouveau Riche.I have faith in you Dean, and i don't even know you, just like i did,nt know anything about Nouveau Riche.
Kind regards,
Lori

Jess,  sacramento

  Posted at 7:14pm on Thursday, August 14th, 2008

I am going to try and make this as an objective comments seeing as though i only invested my time in NR and not the 1700 dollars my "mentor" wanted me to.
I have studied many business plans, MLMs and network maketing. my "mentor" stated that it was not a MLM but direct sales. after he drew the flow chart of selling the education, it strangely occurred to me that this that that aspect of the business was an MLM, but the difference is that there is no residual income. I think what dean said was right and for lack of a better term the NR is a scam. I would like someone who has made 6 figures with this program. and i would like to ask them how long they've been in NR and how much money they had to invest in it.
Now truth be told I am all about financial outflow where you have to spend money to make money. but 1000's of dollars is ridiculous for an education that is not accredited.
now my mentor spent most of our interview talking about things totally unrelated to the business and some ... read more »

Savvy Businessman,  Chicago

  Posted at 10:34pm on Saturday, July 5th, 2008

There are many things lacking in Nouveau Rihce education. They over promise and under deliver. Their 2-Day Intensives are nothing more than Sales Tactics to get peoople to spend more money.

You will pick up information from their college, but in my opinion, you only get the "Gist" of most topics, and after completing their "college," most people are lost as to wehre to get started and what to do. And most people who invest $20,000 will not make money in real estate after going through Nouveau Riche. There will always be exceptions to the rule.

Most people who claim they make money, do so through selling the education and recruiting others into the company. They don't do it through real estate.

Dean,  Los Angeles

  Posted at 9:57am on Friday, June 20th, 2008

I really hope that anyone thinking of joining NRU reads these posts. All these NRU hacks trolling for marks online say the same thing, so I think it's great that they're posting here. What is truly telling is none of them are able to directly refute any of the points I made in my original post. In fact, none of them even try. I get the same response over and over again. You guys are like robots, can't you even tell? Do any of you have a single independent thought? The only thing I'm reading is what they tell you at NRU and in the Secret:

"You get what you put into it."
"It worked for me, it can work for you."
"Real estate is the best investment ever."
"If NRU is a scam, then any business is a scam."
"If NRU is a scam, then all education is a scam."
"The reason you fail is because of your attitude."

I'm not even going to bother responding to any of this garbage. These are not arguments to join NRU and they are non-responsive to my original post. These are pithy marke... read more »

Solo,  Hollywood

  Posted at 12:35pm on Wednesday, June 11th, 2008

Dean, it seems that due to your bad experience you want to make other people believe that they can't succeed in this program. Maybe the reason you have not received any proof from anyone on their deals is because they are out making deals while you focus on your failure. You are trying to make people think if I can't why can you, instead of if you can why cant I. The only reason I came to this site was because I am kind of new to it and wanted some feedback. It seems the only people who have anything bad to say about it are people who wanted instant results, well I am willing to sacrifice and work as hard as possible before I determine my opinion so if you already have a bad opinion is probably because you didnt try hard enough. Like they taught me, "if you think you can or cant you are probably right".

Jeremy,  Chicago

  Posted at 7:53am on Saturday, June 7th, 2008

How can anyone say something is a scam when there are 25000 participants nationwide saying tremendous things about Nouveau Riche? My real estate investment business would not be where it is today without NR. The education and contacts are tremendously helpful.

If you let the Internet determine what you do and dont do in live, then you are will be miserable and misinformed your whole life. Think about it. Anyone can write anything they want out here.

Don't knock it till you have tried it and try hard for 6-12 months and there is NO WAY you can!

Mike,  illinois

  Posted at 9:52am on Friday, June 6th, 2008

i know this needs to be said so i will say it. Dean if you spent half your time changing your attitude and trying to show people what NRU is about and let them make their own decisions you would have done a lot better in our community. As the secret says, because i know you like to bring it up, act negative and you will attract more negative things into your life. I got to tell you dean i do not know you but just reading your blogs this morning you don't seem like the happiest person. Say what you want to say about us dean because we know what were doing and where were going. Take care.

Utah,  USA

  Posted at 2:10pm on Wednesday, May 28th, 2008

I find it hilarious that one company bashes another and are participating in the same rituals. You are both selling your own ideas. One may work for one person and not another. I find that many different ideas are what you need to have. No two investments are the same. No two people are the same, so every deal varies. Do your research. Make an educated decision about any courses or group you choose to deal with. All have some truth…check them out

Tom,  Ohio

  Posted at 11:23am on Tuesday, May 27th, 2008

I will try and be objective with my comments since I have not wasted my money on this program. I am a real estate investor who has learned through local and national mentors as well as many great books from libraries and personal collections. All this education has been done at little or no cost to me. My investing is doing very well right now because I do the market research to find the best locations to buy property. I can tell you that the locations where the concierge will lead you are not great locations right now. Most of those markets are overvalues and are experiencing corrections or will be soon. The only market of worth, from what I have read, might be Cincinnati, OH. In this market you may get cash flow, but your annual appreciation will be dismal. The economy in most of the state is not good right now.
I am sure that some of the education that comes out of a program like this is good, but for the cost there are much better ways. I currently have a young, naïve bro... read more »

Nicole,  California

  Posted at 9:12pm on Friday, May 23rd, 2008

I too was contacted about a "networking opportunity" only to be confined to a chair to listen to an hour-long sales presentation which would only impress those who have no concept of conducting their own independent research on the company.
THEN the "recruiter" called me at 10:00 pm to follow up! A little late in the evening???
C'mon! Just be honest and say that it's a training program!
I'm sure this company can be effective for those who are really willing to work at it, but their marketing techniques are unscrupulous and that says a lot about them.

7 yr. Realtor,  Las Vegas

  Posted at 10:06pm on Saturday, May 17th, 2008

I joined NR about 10 months ago. Having studied R.E. investing and working as a Realtor for many years prior, I was entriqued by the concept. After attending 2 weeks of classes and putting 6 months hard work into Short Sales etc. I will never return to the NR school! It is simpy "NOT" worth the money. I also concur with the majority of what Dean said on his post. Here in Vegas, there are a lot of poser's acting like R.E. Investors. The market has changed dramatically and it is really a buy & hold (long) strategy to see any significant appreciation gain. Additionally, REO's (Bank owned properties) are abundant and much cheaper than most of the short sales. Don't waste your time and money trying to buy short sales from the bank!

You can buy and read some good books, apply yourself and acquire a bargain properties without the NR hype in this foreclosure market!!!

Ray,  Denver, Co

  Posted at 2:54pm on Wednesday, May 14th, 2008

It is true what people are saying the program works if you are willing to work itself. If you expect to go into any business and make a ton of money without working you aren't very smart. In Nouveau Riche you are not pushed into anything they are just offering you an opportunity!

Michael,  Ca

  Posted at 2:13am on Wednesday, May 14th, 2008

First off I would like to know who here doubting and slamming Nouveau Riche are actual investors. I get a kick out of most of you who spend time insulting vehicles whom others have the most faith in. I would love to hear how successful you have been in the investment realm and explain to me how you managed to achieve this success. I can only assume if you have invested that you needed a teacher that helped you. Everyone here is slamming the education. If you must then lets slam ALL education. I find it hillarious how our society stamps this thought in our head from the time that we are children that its important to get an education. Okay thats great. We go to school to learn to get a JOB. Then we go to college to get a better JOB. You want to talk about ridiculous curriculum. Like the great Henry Ford said. He only chose to focus on the type of schooling that was important to his success in the field that he loved. History was not of importance to him. Why so that one day someone can ... read more »

Dean,  Los Angeles, CA

  Posted at 4:01pm on Tuesday, May 13th, 2008

Ron, do you even listen to yourself? I am stunned at NRU's ability to turn people into drones, do you even understand what you are saying? It's mindless drivel. NRU INCENTIVES its members to scam others AND misleads people into thinking real estate is the path to unlimited riches. I don't see anything positive in it at all. Please do me favor and call each of your marks and ask them exactly how NRU has worked for them. If you can still participate in this corrupt organization after that, well, I guess you really do belong there.

Also, please give us the details of your real estate holdings, including acquisition price and date, type of property, and location. Prove to us the real estate genius NRU has made you. I've made this challenge all over the internet, no one has yet to step up. I wonder why, maybe it will take too long to make up this information and have it actually check out.

Ron Haluczak,  Chicago

  Posted at 7:12pm on Friday, May 9th, 2008

Hi Dean:

I ABSLOUTELY believe in personal responsibility and I do not believe in taking advantage of people. I'm am certain not all NR Reps share my views, but they should if they share our company's vision. I do warn MY prospects not to think that buying into this program alone will make them successful and I do whatever I can to HELP them grow and succeed. It will take work. With all of the assistance and training availabe through NR, there is no reason why any average person can't raise themselves up if they are dedicated and willing to do the work.

At least you admit that Nouveau Riche does offer tools that can and do make people wealthy.

You need to look at yourself. Are those of us who are successful SO much better than you? I don't think so. You need to change your focus and your attitude. Perhaps you need a better mentor.

Feel free to call me on my cell at 630-688-4552. Perhaps I can help you.

I am glad that I was able to see past the negativity of blogg... read more »

Dean,  Los Angeles, CA

  Posted at 2:00pm on Thursday, May 8th, 2008

Ron, rather than another sales pitch (we've all seen those already c'mon), why don't you respond to my arguments? I think they are pretty compelling. I did not argue that NRU has not made a few people very wealthy, my point is that it comes at the expense of many others who simply are not capable of doing the same, either because they don't have the sales expertise or any business acumen. In fact, mathematically, you can't have everyone succeed, let's be honest here. This is why "the Secret" is such a scam, it let's people like Ron blame people's failures on those people, even though he was the one who oversold them on a basket of lemons. Let's take some responsibility here Ron, would you sell glasses to a blind guy!

Ron Haluczak,  Chicago

  Posted at 6:54pm on Tuesday, May 6th, 2008

SOUR GRAPES! Here is the absolute true about Nouveau Riche. It will not work, if YOU don't!
I have been a real estate investor for over 20 years, own $3 million dollars of real esate and I own a mortgage company, Approved Mortgage Loans, Inc. in the Chicago area, which does alot of investor mortgages. I have a BA and a BS. I have been a TV news editor and producer. Hopefully you realize that I am well qualified to share my opinion. I have attend 2 colleges thus far and I find the education extremely valuable for ME. I am currently working on deals as a directly result of the education I recieved from NRU. With all of my experience, I whole heartedly endorse Nouveau Riche's education.
I too almost dismissed this as being a too good to be true scam. I too looked at blogs and posts by losers who thought they could get rich quick without putting the work in. I am very glad to be part of Nouveau Riche and I have certain gotten more value for my money than I expected. NO, I ... read more »

Dean,  Los Angeles, CA

  Posted at 6:20pm on Friday, May 2nd, 2008

As a preface, I joined NRU by purchasing the “Regent’s” package, I went to the "college", I tried to recruit, I have analyzed the Investor's Concierge deals, I went to the briefings, I have heard the likes of Piccolo, Snyder, Cheri Tree, Kecia and all the other NRU hacks speak, and I’ve met and talked to many NRU "students". So please don't tell me I don't know what I'm talking about. Here is my assessment of NRU. I have tried my best to be fair. For those of you familiar with NRU, this outline follows the “EPIC” presentation some of you may have been subject to.

The Company

1. Piccolo and Bob "the General" Snyder, the founders of NRU, have MARKETING backgrounds. Look it up. They have no prior experience with real estate investing before NRU.

2. As a consequence of Number 1, NRU is primarily a MARKETING business. You can call it whatever you want, direct marketing, MLM, a pyramid scheme, a ponzi scheme, there may not be a perfect term, but it contains aspects of all o... read more »

AB,  CA

  Posted at 2:16pm on Tuesday, April 29th, 2008

I can not stand anyone who misleads, not inform, why they are calling. I want to warn the general public my experience with this company.

I wrote to their compliance department.

Management,

For someone who is not employed and placing my resume on several job web sites in hopes of finding work, I find your recruiter Tom Garcia to be unprofessional. Tom called me from 916-671-0252 at 1:52 Pacific time to sale me his version of how to rope someone into the hype of your product!!!!!.

To prey on someone who is looking for work by leading the conversation as if he is going to offer the caller a job, and then after approximately 10 to 15 minutes on the phone asking the person questions about their job experience from their resume, and then lead the conversation, by stating we are looking for people who want to think outside of the box, (your still believing the caller is a business who is going to offer you a job), and then to find out he is marketing their product line...... read more »

Craig Rubin,  CA

  Posted at 9:41pm on Monday, April 21st, 2008

I am thinking about becoming an rep for the school...I went and visited it because the meetings make it sound too good to be true. It certainly wasn't making millionaires overnight, but it was teaching people to make money in various markets, how to better handle retirement accounts and all of the people who I spoke with seemed happy to be there. I spoke with about 40 people.
Craig Rubin

Kris,  Ft. lauderdale, FL

  Posted at 9:01am on Friday, April 18th, 2008

Nouveau Riche has changed our lives. We love the education, and the marketing and customer service side is excellent also. We know many others doing successful real estate deals and also making big bucks on the marketing side. Their system works if you put time, effort and heart into it, and if you believe in what you are doing. The community of people is excellent, and people really do help each other all the time. The founders actually are extremely wealthy and were sick of rip-off schemes so they decided to start the company and create other millionaires. By the way, the university has just become licensed and degree-granting. Check it out for yourself, anywhere in the US. We have over 20,000 nationwide who are involved.

Matt,  Washington State

  Posted at 8:26pm on Wednesday, April 2nd, 2008

Nouveau Riche is excellent. The quality of the education, I feel, is very, very good. The instructors practice the strategy that they teach, so if it's wholesales, they do wholesales and if short-sales, then they are short-sales investors. They are primarily investors themselves and freely give Nouveau students their business cards to contact later. Is $16,000 a lot of money? Yes and no. We're talking Real Estate here. You can lose WAY more than $16k if you don't know what you're doing. Besides, the alternative is Real Estate seminars, which are $1000's themselves. My brother paid $8000 to a very well known Seminar company to learn one single strategy. And I've met others who've paid $$30,000 or more to Seminar companies. I'm not here to talk trash, but I do want to point out that investing in Real Estate education is not cheap, unless you go to the School of Hard Knocks, or know an investor who will teach you free.

Prior to attending Nouveau Riche, I was not an investor ... read more »

Vin,  Nevada

  Posted at 2:58am on Monday, March 31st, 2008

This program is terrible. I made the mistake of purchasing this program and the courses are sub-par. Don't buy into this hype. So many people I know regret the decision of "clicking a mouse, and buying a house". They have been let down by the Investor Concierge and have problem houses with no tenants. These are not great properties. The only course that was at all interesting and informative was the Multi-Family course. I did learn something from this class, but what was taught is not worth the high price tag. Luckily, I have a disposable income that I can use toward investing and have made money by partnering with REAL real estate investors. Nouveau Riche is full of tattooed trash that thinks they too can live the lives of the rich and famous. Students of Nouveau Riche can't even tell the difference between "your" and your're"...see below. Almost all of the ISA's in Las Vegas aren't making any money in the marketing, nor are they making money in investments (beause they wer... read more »

Tee,  Hawaii

  Posted at 1:16am on Monday, March 17th, 2008

The instructors at the college are very well informed because they are in the field that they are teaching. It gives each and everyone of the students the education in real estate investing that no other school could offer. The highest level of education is $16,000 for 120 hrs of schooling, in which you have 2 years to redeem. How many of us would rather go to school for a week instead of 4 years for $16,000? And what college leaves you with the knowledge of how to invest and also have the opportunity to call upon their teachers for assistance in their deals, NONE! They have properties listed on the investor concierge with a property manager to manage the properties in other states. The concierge lists all details of information for the student to review and apply what they learned in their classes. But some people get so excited about the opportunity of owning a property that they just jump into the idea instead of reviewing every detail listed.
I believe in this system and t... read more »

Jason,  Alexandria

  Posted at 10:03pm on Monday, March 10th, 2008

The program is a scam. The founder is a convicted felon. Do a google search on his name if you need to confirm this.

Keoni,  Los Angles, CA

  Posted at 3:51pm on Thursday, December 20th, 2007

it works if your willing to work it
nouveau riche university is an awesome vehicle to financial freedom but like any business it takes work and a willingness to not let anything come in the way of you and your success. i can see how many people wouldn't or coulden't make Nouveau Riche University work for them. however the teachers of Nouveau Riche University have stated to not just me but the whole groups of over 2000 people that this business is not for everyone and that it will take hard work and diligence. also a other point they make clear is that this is and investment collage, and what do most if not all good investors know? investing will have risks and its up to you not the university to calculate those risks and move accordingly. in closing i must say i love this company and plan on using it as a stepping stone to feature success