82 Comments

  1. Hi Mark, Thanks for your comment. You’re right. I did not see this coming. I frankly did not expect it considering the HGTV branding. Since writing the piece, the truth of the program has come out. It’s amazing, at least to me, that they continue to use the name. There has to be a lot money involved.

    While the presenters talk of all the success, students report there is no such thing. It is a continuing sales pitch for additional training. Students report being pressured to spend as much as $38,000 more.

    The business of flipping houses is valid. It appears the models that sound to good to be true, actually are, to good to be true. Snap Flip is exactly that. Good to hear from you, -Robert

  2. Mark

    As I read the article, I am struck that the author was fooled by this age old scheme. All the warning signs are there and yet you act as though you see none of them. None of these property flippers are making their money from student deals. All their money comes from high pressure training course sales. I would be interested to know how many actual student deals are ever made compared to how many students they trick into signing up. I would confidently bet the ratio is extremely lopsided.

  3. Hey Steve, Thanks for taking the time to comment. Yes, I agree. The comments are overwhelmingly against Snap Flip being legit. I just reread their website. It clearly states they are in the training business.

    The seminar model is a proven method of attracting large groups. Nearly all that attend have a strong desire to build a successful business. I suspect that if they were to only offer training, no one would buy. Pitching a business creates excitement. To bad it’s a fraud.

    It seems obvious now, more than eight months after attending a seminar, and hearing from dozens of people, that there is no real investor program pitched at the seminar. Perhaps you are correct. I’ll see what I can put together outlining the pitfalls.

    Again, thank you for taking a moment to share your thoughts. -Robert

  4. Steve D

    Robert,
    I want to thank you for posting the article and allowing comments below. I Would only hope you could edit your review to reflect the new information regarding what appears to clearly be a scam. At least urge readers to read the comments below before making their decison. Many people don’t bother to scroll down. I was beginning to lose some faith in the internet as it has now become a format for misleading ads and fake news. The potential for good in this medium is great and it’s reflected in your article allowing comments. We were almost suckered into attending. That’s how convincing the infomercial was. This was a revelation.

  5. Sonja

    Hi Andy, the address I used for cancellation by certified mail is:

    Snap Flip
    3651 N 100 E
    Suite 375
    Provo, UT 84604

    It was on my receipt. Also, the phone number is 877-542-1685. You can reach Rachel this way, or by her direct line at 801-341-3186. Hope this helps.

  6. Hello Andy, I can tell you it is difficult to read about your experience. I think a refund is possible but action needs to be swift. Here is a link to another persons experience. https://visionary-events.pissedconsumer.com/visionary-events-education-package-20161203966246.html. You’ll find a phone number for ‘Rachel’. I have no idea if it still works.

    Be sure to file a claim with your bank, and then follow what has worked for others. Read the contact information at SnapFlip.com.

    I would also suggest a call to you state attorney general and file a complaint. It could help to call HGTV who’s name is used for social proof.

    I wish you well, thanks for telling others of your experience. -Robert

  7. Andy

    @Sonja – Thanks for your post! To which address should the certified mail be sent to for the cancellation?

  8. Hi Willow, It’s nice to hear our reader feedback is helping. There is no doubt that real estate is a valid, and for many, a wonderful income earning business. Snap Flip, from all we hear and read, is not the best way to invest in real estate.

    Glad we were able to help you. You saved yourself some time and money. Do well, -Robert

  9. Willow Sierra

    I was invited to attend the Snap/Flip seminar so I could get a free dinner and free laptop (if we were one of the first 50). I looked them up first, b/c over the years, I have been to several of these “free” seminars, I actually signed up a couple of times but knew I had a 3 day refund clause, which I think most people don’t know about until it’s too late. Most of these companies upsell, upsell, upsell. THAT is how they make their money. NOT from buying and flipping real estate. Glad I did not attend this seminar after reading all these comments. I also do not have any credit cards, ONLY one debit card, and THAT keeps me from foolish and impulsive spending. Thanks for this message board. Looks like it has helped a few people who were savvy enough to google these folks BEFORE going to the seminar!

  10. Hi Cheyenne, Thanks for your input. When I attended, both my wife and I completed a long form. It included questions about credit cards and the amount of credit available. I declined to answer. As you know, I did not buy the training. Further issues about credit cards and using them to pay for additional training comes from others commenting here.

    Thanks again for your comment. It’s good to hear from you. Do well, -Robert

  11. Cheyenne

    Robert, I attended a seminar just last night and was NEVER asked for any credit information. They were very straight forward with everything from the beginning. Now I’m not saying it is or isn’t a scheme as I haven’t been to the training retreat. All they asked me for was my name, phone number, and email address.

  12. Ethan, Thanks for your comment. I think the over riding issue for those disappointed with Snap Flip is the pressure to spend more money on training. The seminar was clear that for under $1,200 they would equip students with the knowledge to find and close deals they (Snap Flip) would fund.

    The program is targeted to those who do not have the money to buy real estate but will invest great effort to share in profits. That would be a win win deal.

    What seems to happen time and again, is students, once in for the initial training, are up sold for more training amount to thousands of dollars.

    Reports from students suggest that without further investment, they would not find funding for their projects.

    I wish you well in what ever you do, -Robert

  13. Ethan

    Robert, I do see the argument about up-sells, but I think the connotation with the word is a little strong. You can use your lines of credit to actually buy real estate, but then you lack the expertise to not invest those thousands in terrible investments. I think one common aspect forgotten with the program, that i’ve been through, is that it’s also a great security or insurance against doing dumb deals. You could invest the same amount of money on your own, but the risk is much higher if you don’t know what you’re doing. Seeing how that is the situation I found myself in–not being a real estate expert–I didn’t mind investing the money into a company that helped secure my investments while gaining back my initial investment. Like I said, this is my experience, so I just thought i’d help clarify and add voice from someone who has actually done it. Thank you for your time.

  14. Hello Aboeckelt Cira, It is so good to hear you’re doing well with the program. It is hard work. The issue many have, is not the hard work, but the hard sell to pay thousands for training, even if it means paying confiscatory interest rates. I have heard from a lot of people and you are the first who actually met Drew and Danny. How cool is that? Again, I wish you continued success. -Robert

  15. Hi Ada, Thank you for checking in here. It is wonderful to hear you are doing well with Snap Flip. It is important that people understand the overwhelming criticism of the program. The concept is valid, training is important. Asking struggling workers to borrow thousands on a credit card when the premise of the plan is to work with Snap Flip money seems improper. Again, thanks for taking the time to comment. I wish you much success. -Robert

  16. Aboeckelt Cira

    Robert, you’re right that it takes a lot of work to do Snap Flips. What I’ve found is that the time invested is very worth it! I’ve never been one to have a large salary but I work hard. Snap Flip has worked well for me and being able to meet Drew and Danny and other speakers has also helped me to understand that I can be successful in real estate. Finally retirement is attainable.

  17. Ada Wyrsing

    Hi Robert, thank you for this article. I recently attended the even in L.A. And have been very impressed with Snap Flip and everything that I’ve learned thus far. The team of experts is extremely helpful, encouraging, and passionate about helping students use their methods. I’ve been nothing but very impressed.

  18. Hello Ethan, Thank you for your comment. The comments made here have generally been unsupportive of the Snap Flip training. It seems the argument is not with the concept, it is the intense up sells for additional training. Some have been pressured to invest tens of thousands of dollars.

    The business of flipping houses has been a long standing model for real estate investors. It has created many popular television programs. Snap Flip tells people they can be apart of the model using Snap Flip money. When I attended the seminar, the presentation was clear in the point that with hard work, ordinary people, using the assets of Snap Flip, could be a part of the market.

    Since then, many have commented that the real story was the hard sell to invest more money. Those who bought the initial $1,200 training were pressured to use lines of credit to buy addition training. The seminar suggests that you will, after going through the three day program, be equipped to find and make deals. Snap Flip would be “with you every step of the way.”

    In the training however, that seems untrue, and to be really successful, invest $10,000 or $25,000 or $35,000 more. How? Put in on a credit card. It is reported they will even help trainees open new lines of credit.

    When I attended the seminar, I was asked on a registration form, intrusive questions on my credit line. I declined to answer. In retrospect, it seems obvious they wanted access to more money for their up sells.

    Finally, I point out that the presentation made it clear the Snap Flip program was for those wishing to be a part of the industry but lacked the financial resources to buy and flip houses. In other words, Snap Flip was extending an opportunity to those who otherwise could not take part.

    It seems to me that it might be better to use lines of credit in the tens of thousands to buy real estate, not training programs.

    We have had comments from people who bought the training. They report on what happens once inside. For them, it was not so nice.

    I am glad to hear it works for you. congratulations. I wish you continued success. -Robert

  19. Ethan

    I went to an event in Colorado, and I’m laughing at some of the negative comments on this string. The Snap Flip method has worked very well, and my experience with the company has been absolutely wonderful. My advice? Don’t trust people who don’t know what they’re talking about. If you’re skeptical then call the company. Every trainer i’ve interacted with is kind, intelligent, and helpful. It’s like critiquing the beach if you’ve never been. You don’t have to believe me, but my advice is to ignore people who are negative because they are insecure about someone getting ahead of them in life. It’s the same thing bullies do in elementary school. They are mean to kids that are smart because they know some day that smart kid will be better than them. Skeptics of real estate and especially snap flip are doing the same thing. Ask someone who has actually tried it.

  20. Hello CEC, Yes, it is hard to find anyone saying anything good about this program. The concept of finding distressed houses, buying them and then flipping them is not new. It requires money, time and hard work. As it turns out, so does Snap Flip. They want your money. There are great biz ops available to those who are not afraid to work. We wish you well, Robert

  21. cec

    results so many negatives comments. not a good idea to put your moneys in a risks $1197.00 is a lot for some of you don’t have enough to put food on the table. Research more and due your homework. They’re so demanding for one thing…good luck!

  22. Randy

    http://www.bankrate.com/calculators/credit-cards/credit-card-payoff-calculator.aspx
    The above link will show you how much you will actually pay if you take out money on your credit card. For example purposes, I put in $50,000 at 15% interest. If you pay $700 a month, it will take 180 months to pay off the original $50,000. That adds up to $126,000 with $76,000 in interest. This doesn’t account for the financial, emotional, and familial pressure you are going to be under. YOU are the one taking all the financial risk, don’t be fooled by common charlatans.

  23. Hello Lee Banks, So glad you took the time to share your experience. Your’s sound similar to mine. I left before the meal. I expected a simple buffet. The box lunch makes sense. While my room was cramped. The chairs packed side by side, I was not thinking of special access requirements. Anyone who reads the comments from Snap Flip should now be convinced that this deal is one not to take.

    The idea of searching government records, reading foreclosure notices and watching divorce records, can be done without spending thousands to learn how to do it. The idea of flipping homes is a valid business model. It seems that Snap Flip has found a way to make a ton of money charging thousands of dollars to teach their method.

    Like you, people should run from this deal. Thanks again, Robert

  24. Lee Banks

    I attended the Sept 6th Seminar at the Henderson Fiesta Casino located in Henderson NV.
    We arrived early but to our surprise so did everyone and their mother we had to stand for over 20 minutes before they opened Conference Room there where a lot of people with mobility issues me being one of them we wanted to be seated in the back but were told we could not which was BS they had no compassion just loading people in like cattle.
    So the seminar starts I took notes and listened after getting the info on the 1197.00 it was a no go for me while others ran in the back of room like little puppies getting a bowl of kibbles and bits.
    The so called lunch was a boxed lunch of a Turkey Sandwich ,Apple,Cookie and a bag of chips everyone was starving must have been quite a few Diabetics there me also being one of them we ate our lunch trying to balance the box on our lap and taking notes -I have been to a few seminars and we sat at tables.
    A lot of people fled after getting Lunch I was polite and stayed to hear other speaker then left after the break we were promised our free gifts but they took their sweet time revealing them I left without mine.
    I believe this program has a small chance of working for some if you have a bankroll to pay for the training for the”humble people” like myself struggling to survive 1197.00 can go towards bills,rent,food or a car repair I just wasn’t feeling the pie in the sky happy happy joy joy crap.

  25. Hey Randy, Very insightful. Hopefully others will read what you report. It is difficult to grasp the idea of these guys trying to take tens of thousands of dollars from people who only want to earn extra income. Thanks for taking the time to post your thoughts.

  26. Randy Brumfield

    To anyone trying to go to these events. Run away as fast as possible. These guys don’t care about you at all and only want to up sell you on the next thing during the 3 day course. They are sales man and everything in there is designed to ooh and ahh you like the Forbes and the past sob stories. It’s all a crock of shit. And one more thing, I’d say about 50 to 75% of the ppl getting up to sign up are their family members and employees. They do this to give the illusion that everyone is doing it and you are missing out. I’ve heard stories of ppl seeing the same ppl working for them after the fact. After they signed up they’d see the same person they thought would be their class mate running errands or hugging one of the guys like an uncle or boyfriend. So everything there even the smallest things are there to win you over into believing. The catch is they try yo get you invested too far to where you have to keep going or you’ve wasted whatever you already got tied into it. This is part of their plan. The 4th up sell I heard can be upwards of 50 to 75k. I bullshit you not. And they say we’ll if you dont do it then you’ll lose the other 15k you’re invested because you need this info to really succeed but it costs 50k. So do you just dump your 15k and lick your wounds or do you go all in with a losing hand. Trust me. If you can find a smoking deal and get it under contract you don’t need them. If the deal is that good any one that buys houses will take it off your hands and pay you a percentage. And you can find these house buyers all over the net. The odds of you finding a deal worthy of them putting their money up is slim to none. If it were that easy they’d just hire some employees to run around and find these deals that are hidden in the cracks and under rocks. The deals mainly come from a close friend or family and they pretty much want you to rip off your friends/family by offering them way under market. Fact is they can find anyone to buy it for that just by clicking on the net. Some ppl are old and not computer savvy so that’s why I say they want ppl to take advantage of older or naive friends or family. And even at that you’ll probably only find maybe one deal if your lucky. So they depend on volume. By having a million ppl sign up means direct money in their pockets from the sign up then they’re getting cheap homes probably 1 from every 25 students so they win only. Here’s what will happen in short. You pay the 1200. Then you go to a 3 day course where they just brag about how successful they are and tell you pretty much what you already know and try to get you to open as many credit lines as possible. You see the your money isn’t needed for the real estate,but it’s needed to pay them for the courses. They’d rather take your money then let you gamble on house flipping . Then they up sell to the 25 or 50k. If you don’t bite they’ll try to give you a once in a lifetime deal for like 18500 or something close. Then you go to the hands on class and you’re wondering the secret they have to how to find the good deals. And they will tell you, wait for it wait for it, guess? THE INTERNET AND GOOGLE I BS YOU NOT!!!!! This is how they tell you to find the smoking deals that are 1 in 100k. Then they’ll send you off to do it and you’ll find different deals and report back and I bet 95% of the time they will just tell you it’s a bad deal and find one better. Because you will mostly come across average prices at market value and will still have a few other ppl trying to get it also. They want you to bring your moms or grandma house etc. They are snakes and they are successful because they make money off these seminars and classes. There’s a reason you don’t see the up sell in the original phase only after you pay 1200 you’ll see it in phase 2. Most the stuff they tell you you can find on the Internet and if you do find a smoking deal you can find a house flipper or agent yourself on the net and make a profit on your own if the deals are the kind they want. So don’t be a green pea naive idiot and don’t pay for these stupid frauds. I’m surprised the government allows this but they jump through every hoop to still be legal but fact is if I chatted bunch of ppl 25k to be part of my team and had them go out and find me a house for 100k that’s worth 150k I’d be happy to buy it and give them 7500 bucks. You’re pretty much paying them to work for them. They should be giving you 5k to go out and do it not the other way around. It bs I’m telling you run fir the hills asap.

  27. Wow, Sarah Ray, I do wish you luck. I truly hope it works for you. I do understand that for some, the program works. You seem to have your eyes wide open and are ready to work. Stay strong and focused. I am curious as to what you get for $25K. Is it simply more training? I know you’ll go forward slowly. Having a trusted friend at the credit union to guide you is good to hear. Again, I wish you luck, Robert.

  28. Sarah Ray

    I am in the middle of the 3 day seminar, and I have to admit, I was sold until I read all these negative comments. My coach did get me to do something that I had been intending to do for a while — he advised me to apply for more credit cards, and I got one that I was very surprised came with an even higher limit than my American Express.
    Tomorrow is the final day. I’ve already been told about the upsell, which is not 52K as some reported, but 25K, still high enough to knock me back a few steps. I see slightly more negative comments on the BBB website than positive, but the positive were from people who had made sales and were very grateful for the assistance from this group. The presenter, Rich Layton, skewered the BBB in the seminar, saying that the only way to improve their rating is to pay the BBB. I haven’t checked that out, myself. They are currently classified as NR, (Not Rated, I think?) and they are not members, however, they did respond to one of the negative comments on the site in a very compassionate and responsible way.
    I do feel that I learned a lot in this seminar, so much so that my head was swimming with numbers and new terminology, however, I’m a complete novice to real estate. My thinking was that IF THEY CAN DO WHAT THEY CLAIM, it’s worth the investment. I’m willing to work hard, be persistent, and learn. I went ahead with the seminar paying only $325 up front because I happened to click with another attendee and we split the fee. I kept telling her that we have the three days, but in that time all I saw was the Forbes article about Drew and Danny’s snap flip success, which was quite glowing.
    I still feel the jury is out on this group. I notice the guy who was the most aggressive in prosecuting them for fraud, also mentioned that he did say he would pay $150 while he investigated and $500 later. Was there possibly some miscommunication about that? They did not take my money out before they said they would.
    Rich Layton, our presenter, seems to be a very caring person. He shared some very personal experiences from his past, things so painful that it brought tears to my eyes. I met some very successful people in my career as a literary agent who are very kind, very devoted to their craft and fired up about what they do, so I’m not as quick to judge all wealthy people as greedy, selfish shysters. Maybe I’m naive, but I could see someone who has come up from nothing and become successful actually want to turn around and share their experience to help others, especially when he is being very clear from the beginning that he will make more money from us when we are successful than if we walk away disappointed and discouraged. Having said that, I don’t plan at this moment to shell out 25K tomorrow. I will tell them that if I can get my trusted friend, the manager at my credit union, to sign off on it, I might, but only then. That is my protection.
    Wish me luck! Thank you all for your feedback.

  29. Hey Julie, Yes they will serve a meal. It will be about 2 hours after they start. They’ll pass out snacks at the beginning, Something like Cliff bars. I thought that was the meal, but after they opened up the pay table and collected from those who are ready to buy the training, they do serve a meal. The sales pitch is really smooth and many paid the $1200 for training. I was not one of them, I left before the meal. I would like to hear what the serve. I was expecting a buffet, served in another room. I urge you to leave the credit card at home. I have not heard of any good coming from the offer they make. Do well, Robert

  30. Julie

    Hey Robert,
    Did you at least get your “Free Dinner” I’m scheduled for tomorrow 8/21/2017 in Fort Myers at 6:00 pm, And have invited a girlfriend, I told her if it’s a scam at least they feed us. Seriously, did they provide a complimentary dinner?

    Tomorrows the eclipse, maybe those guys will suddenly disappear. Thanks for the backup info. Robert. But, did they feed you???????
    Julie

  31. Thank you Sonja, It’s wonderful that you took the time to share your experience. Hopefully others will read your comment before giving these people their credit card. For those who did, your words offer hope that the money is not lost. Thanks again, Robert

  32. Sonja

    These people are scam artists with an excellent sales pitch. They tell you everything you want to hear. If you fall for it and give them your credit card, call them within 3 days AND send a certified letter of cancellation by U.S. Post.

    Be firm when you talk to Rachel, their person in charge of refunds. She will issue a refund 7 days if you are stern and serious. Don’t say you’ll consider giving it another chance, and don’t fall for anything other than a cancellation and refund.

    You owe them no reason or apology for cancelling, according to the FTC. It’s none of their business why you need to cancel, but if you feel compelled to tell her a reason, just tell her the truth: That her company is a group of scammers.

    I fell for their slick sales presentation, but realized I’d been a fool when I lgot online to read other people’s experiences. People report that it gets worse and worse. They never stop asking for more and more money, even though they are delivering less and less each time. It’s disturbing how these people can continue without a legal action.

    Or maybe that’s already happened. Who knows? They’ve changed their name numerous times. Like another commenter has said, they also go by:

    Renovate to Rent
    Snap Flip
    Clark Edu LLC
    Women’s Empowerment LLC
    Performance Education LLC
    Property Education, LLC
    Affluence EDU LLC
    Real Estate Intensive
    Visionary Events
    RE Intensive
    Education Financial
    Interactive Trader
    Response, LLC

    I was successful in getting a refund. This is what I told her, verbatim (and I meant every work of it):

    “I want a refund by noon today, otherwise I’ll be filing a complaint with the FTC and the Better Business Bureau.

    I’ll also file a dispute with my credit card company.

    I’ll also contact the Consumer Protection Agency to see what I should do and if a class-action lawsuit can be filed for the damages you’ve made to the victims.

    I’ll also contact media and television stations so I can warn others of your ongoing scam.”

    You’re welcome to use what I’ve said here to get your money back. These people are the lowest of all kinds. It takes no genius or skill whatsoever to make money by conning people. They are the slime of the earth and they should be treated as such.

    I hope this helps someone out there.

  33. Thanks Scott. I think you made the point quite well. There is opportunity but it usually disguised as hard work. For those who read your comment, BiggerPockets.com is a membership site that includes a free option so those wishing to grow can see what it’s all about. Again, thanks for taking the time to comment here. Do well, Robert

  34. Scott Steffek

    I have been wholesaling properties to investors for over 10 years. I have yet to see a legitimate “Guru”. Think about this: If they’re so damn good at flipping real estate, what are they doing training and helping others? If they’re such great professionals and have this wonderful “system”, why do they involve others? They should be making 100’s of thousands of dollars on their own. Why would they need to go around the country and bring in others? This garbage of 1.65% made me laugh. Notice how Robert said “YOU” have to find the buyer. I can tell you this. If you don’t have buyers, you have no business. You have nothing. Finding “actual” buyers is the most difficult part of the business. Anyone can find properties. Finding the buyers is the hard part. In my opinion, these guru’s are all a scam. Every single one of them, maybe with the exception of Ron LeGrand, but I’ll save that for another time. They prey on people who are tired of the 9 to 5 grind. They prey on the people who want to get rich quick. They sucker you in with their sales pitch, about a better life. I’ve been a high level corporate manager and I can tell you this. Real estate is the most difficult business I have every been in….EVER. However, it can be the most rewarding as well. In the beginning, be prepared to work 7 days a week and 80-90 hours a week to be successful. That’s no exaggeration. There is nothing about this business that is easy. Anyone that tells you it’s easy, is a liar and a con artist. Folks, there is no free lunch. Sorry if I just burst your bubble. You must be self motivated, determined, dedicated and willing to sacrifice many of the little pleasures of life, to do wholesaling. I was working on those great sunny summer weekends, when everyone else was drinking beers at barbecues or sunning themselves on the beach, or on vacation, living it up. I paid my dues. Believe me, I paid and I paid dearly. BUT, I’d do it all over again if I had to. It was worth it. Those of you who have the drive, desire and gonads to succeed, I wish you the best of luck. Just stay from the gurus. Go to Bigger Pockets.com if you want to learn about the business. It’s the best real estate website out there. (BTW, I have absolutely no affiliation with the website). People there will help you. Learn it on your own and learn it for free. Find a mentor. Dig in and get it done. Your family will thank you down the road. Best of luck to you all.

  35. Hello Nette, I believe this the first comment from someone who went through the paid training. You experience is a huge revelation. $52K to continue is beyond anything we had imagined. Then to disparage those who paid to be there is unforgivable. Thank you for posting your story here. We hope others will read it before pulling out a credit card. Thanks, and do well. Robert

  36. Nette

    Aug 2017
    The training was an extremely hard sales pitch to get you you to make a 52k investment on additional training! The last 20 mins of the 3rd day, the losers who did buy the additional training were shamed and asked to leave the room…to get infomation on what we had bought for the 1150.00. Once they handed you a folder with a number to call and a wesite to log on to to register … we were told we could leave. When I tried to register..I got an error message which said I was not in there system. DONT DO IT!

  37. Hello Kolorful Nvestor, It is always sad when people get cheated. We’re glad this platform allowed you to share your story. Others may be more vigilant because of it. Wish you well, Robert

  38. The Kolorful Nvestor Buys Houses!!!

    Hi I fell for something like this a few years back. I purchased a product from a Guru by the Name of The Clever Investor — or Cody Sperber out of Arizona. Before I purchased his products I asked him if there would be a problem since he resided in Arizona he stated NO; real estate is the same all over. Well after he got my money — which I took out of my 401K account — they call that investing in yourself. I had several questions and he had me to speak to at least 4 different individuals/mentors within a period of 6 months. I asked for my money back several times and if you think they gave me a penny of my money back you are sadly mistaken. It took me 4 years to pay of my 401k loan in the amount of $13,000! Please do NOT fall for this nonsense!! After reading all of the different comments, I will be running as fast as I can trying to stay away from yet another SCAM!!!

    The Kolorful Nvestor Buys Houses!!!

  39. Hi Chase, Thanks for checking in. You are correct. I think the HGTV brand has allowed for a degree of trust. That has been violated. To continue to use their brand to con those honestly looking for an opportunity is truly sad. Do well, Robert

  40. Chase Singhofen

    Gosh people will never learn. Nothing is ever free. These people are walking a fine line between legal and illegal.
    The video sounds like a infomercial right off the bat.

  41. Hey Shawn, Thanks for your kind words. You have made the right decision. The show is pretty persuasive. They know what they’re doing. A lot of people pull out credit cards only to find great disappoint when they get to the 3 day course. Wish you well, Robert

  42. Shawn

    Hi Robert,
    Thank you and the other commentator for this very useful information. I signed up to attend a Snap Flip event tomorrow and a scheduling conflict came up today which had me deliberating about going to the event or my appointment. So glad I decided to look up these guys and their event. I too got the emails and calls reminding me to attend but based on this information I will go to my other appointment. Great job of helping the “buyer beware”!

  43. Hey Linda, That is an amazing report. Glad you had the courage to do what you did. I think we’re getting the idea. It’s a great presentation. It’s to bad that a lot of people are falling for it, and pulling out their credit card. The $1200 is only the beginning. The pressure to buy more training is intense. Finding and putting a deal together is hard work and takes a lot of time. To not have them fund it is criminal. As the McCorkle’s found out. Thanks for weighting in. We hope others take the time to read your comment. Do well, Robert

  44. Linda Bryant

    This is a scam. About 20 years ago there was a TV RE Get Rich use their money not yours. It was a husband and wife team. William McCorkle & wife Chantal. I signed up for that program, and found a property that fit all their requirements for funding but no matter what I submitted it was never good enough for funding. This was before the internet, cell phones, etc. I became a Federal Witness flown to Florida for the trial. They were convicted sent to prison for 26 years. F. Lee Bailey was their defense attorney. He cross examined me. During cross he tried to point out I had not followed their instructions. No pictures, not correct price. But had proof I had followed everything in detail. So this sounds like the same upsale, failure to really fund.

  45. Hey Mark, Thank you for your comment. I am a fan of Shark Tank, but I am not familiar with the Damon John’s program. I think what is important for those considering any program, is that there is no such thing as free. Those who buy into Snap Flip soon find out the truth about up sells for additional training. Those who venture out to find ‘deals’ realize how incredibly hard it is to put a deal together. Thank you for speaking to the need for money and or credit to do any of these programs. Do well, Robert

  46. Mark A.(soCal)

    Thanks very much in advance for your information regarding SnapFlip and your experiences.It is very helpful. Tho I have signed up for the ‘Free’ (EVERYTHING is NEVER free) seminar in southern California. This seminar is EXACTLY like the one DAMON JOHNS of SharkTank and his SUCCESS FORMULA team puts on for their 3day ‘Team’ Real Estate Flipping Training…tho they charge $1995. for the SAME training. Please let your readers understand…you MUST have money and credit to do this training. Where I come from in America $1200. is A LOT of money..and if you dont have that money you have to put it on a CREDIT card. So yes it is 100% true…You got to have money ($1200. at least)with this SnapFlip (or many other similiar seminars/”teachings”) to make (more) money. Or use your CREDIT (to buy) instead.

  47. Hey Don, You have a lot to say. I hope others read your comment. This and the one that follows. This is the most in depth reporting of what to expect inside Snap Flip we’ve seen. We have always known about the up sells, but your comments tells how expensive this training really is. Thanks again, Robert

  48. Don

    Maria,
    I guess I stopped reading too early and had to share my story. But had I continue reading further down, I would have been sharked to see your post with all of those other LLC names. The funny thing is that as an entrepreneur, I like to listen to what these companies are selling. Well a week after my Boots on the Ground was Kevin O’Leary’s endorsement of Interactive Trader. Just like Response or Snap Flip, I had never heard of them to know who to research. They just promoted flipping houses. But I did know about Interactive Trader before when I saw the name at the seminar. But everyone bought into seeing Mr. Shark Tank himself. Aside from that, they never once mentioned their company name. It was all about Kevin O’Leary. The one thing that did catch my eye was their 4.8% like rating. It was the same number as Snap Flip. I thought that was odd. Had never seen that one before. But go figure, they are all the same company. Makes sense now.

    So to see your full list of companies they go by was really shocking that I had to add a second post. One more company that you mind one day see is Real Estateed – the ed is for education I presume.

    I hope you all have attorneys for help because a class action suit needs to be filed against this company who claims to have been in business for 15 to 20 plus years without any problems.

    Robert, you are right. I am not quick to call companies scams. But they do go on for a long time before someone stands up to them. What works for them outside of certain sections of the country, truly does not work in other states in the East coast.
    Good luck to does doing flipping. Just watch out for the economy and this disruptive administration when you go buy those cashflow properties at the summit in Vegas or Utah. When they start losing their jobs, I doubt they will be keen to continue paying their rent.

  49. Don

    Well as much as your stories have been mild mine is a lot worse as I am going through it right now in MA. They just came in town in June 2017. Attended Boots on the Ground. By the time you attended Boots on the Ground, you had lost your ability to get a refund within the first 3 days when you have no knowledge and awaiting a class to gain the knowledge. Well I really believed in what they were offering. Sounded legitimate. Having said that, until you are ready to go and do deal is when you find out the real deal. After your $1147 to gain access to funding, they bring you the coaching assistance program because “you will never do it by yourself if you do not have a coach or do not know anything about real estate.” I got sold on that lie. Platinum starts at $20K, $25K for Diamond Elite, and Diamond 360 starts at $38K. And if you were a sucker like me who really wanted the support to have a mentor come to town etc, they sucker you with a 2 day tag team phone call of hype in what I call the typical MLM training of uplifting you up to offer even more advanced training for another $23K with a 7 day cancellation policy. They call it the Inner Circle. Well 30 minutes of another coach’s time is not worth it when you have transactions taking place. Your allotted time is only once a week with an advisory line you can call for additional support. Follow the 1% rule. Else if the deal is at least $250k or more good luck. They will tell you that it is basically not a good deal. It does not meet their guidelines.

    These programs are great for the snap flip deals but when it comes to really buying and holding, think again. The Proof of Funds is not true. I tried to do it and let me add that is all they promote in the classes but read the fine print. The POF is only for back to back closing. The letter is all that they offer. It is as valuable as the rim of paper you bought at Staples. They do not back it. The mentor offers me another independent 3rd party site to go pay $95 / month just to show proof of actual fund statements. The company that they promote internally does not even do any other deals. They never mentioned that. But any other deals to do flips will be funded. They also state that no cash out of your pocket. Well they tell you to focus only on doing wholesaling so that you do not focus on doing any flip and hold. They really do not help you with that although they make the impression that they do. You still must rely on your good credit to do so. But if you are putting the charges on a credit card, it is already too late because you just jacked up your FICO Score with no clear expectation of how fast you will be able to get deals done to make that money back. Like others have said it is not that quick. They tell you to expect a 25:1 ratio. So base on how savvy you are, it may be shorter or longer. But you gotta keep making offers to eventually crack that 24 offers to that 1 yes you have been waiting for.
    And if you are wondering about their great rating, well as I write this I found out why they maintain that so call great rating. They actually force you to sign a none nondisclosure agreement if you cancel within the 7 days. But that 7 days comes with a catch. If you want to cancel, they have a plain refund document to sign that does not even mention the Inner Circle name. But what it does, if you are no legal wordsmith, is that by you getting your money back, you cannot talk about the company. And also you really are forfeiting all of your rights to sue or request your other money from the program. Because they do a hard sell to make sure they do not give you your money back. They tell you that they will do their best to work with you and get you to do your first deal. But after all this experience, I cannot trust a company with a lack of integrity.

    I am not sure if anyone has gone this far with the company but they do a great job in selling you but you try to do anything outside of their system, you will get a wakeup call. You still need your own funding to purchase your first house if you are like me who wanted to invest in real estate or purchase your first home. I do not see this as the system to do so. You will spend more money with hidden fees or not so 100% legitimate as they promised you in the class. With every attempt I made to follow their process, I was faced with some road block or unexpected circumstance that they never warned you about. So that is why I put on the breaks before I would continue on with this company.

    In all, you have lost your money before you ever started. Their excuse is that they have already offered you their service and you use it by having access to the website, going to Boots on the Ground class, etc. Therefore, they do not feel that they need to offer you a refund at all. So before you can actually use the program to do deals, you will find out there are loopholes that they sugarcoat in the training but is a real deal killer when it comes time to execute. If you are interested in only flips then best of luck. I have not gone pass the first steps before I found road blocks to do so. If you are a Mass residence, best of luck with hard money lenders because from what I have seen the options for you to get funding in this state is limited and is far from 100% funded deals.

  50. Thanks Christian, Glad you found our article. It has become pretty clear that the entire program is about selling training. The financing angle is a nice hook. The work of finding homes they will pay for (finance) is hard. You may well find a nice deal but that does not mean you’ll get it. I would encourage you to read some of the comments. Many have told of their experience. What you see on television is not how the program works. Yes you’ll see a well done presentation and they will provide a simple meal, but the training they sell is only the beginning of asking you to spend more money for training. Wish you well, thanks again for checking in.

  51. christian aguolu

    I thought I was to be taught how to just find the good houses to be sold. That is what I heard about on television yesterday.

  52. Hey Dan, Thanks for taking the time to share your thoughts. You have said it much better than we. We can only hope others will read your comment before coughing up more than a thousand dollars. Do well, Robert

  53. Dan Salas

    Hi Robert,
    I saw the infomercial, and was mildly curious on the business angle, so I thank you for sharing your thoughts.
    I agree that there are some legitimate concerns about the legality of procuring real estate transactions without a license. However, I believe that the group that puts this out found a loophole in avoiding these issues at least in the State’s they offer the programs. Of course the way to truly know this is to spend the $1200 for the 3-day course.

    I believe their true business model, like many As-Seen-On-Tv schemes is to sell training and more of it. They are in the education business.. perhaps no so much in the real-estate funding to make the 20% annualized return on their money. There is probably some level of business they do to be legit but they make the most of their money on the upsell to those who already have “skin” in the game (i.e. your time spent to attend free seminar, your $1200, your first 3-day, your first few weeks trying to make your first deal, etc) so you’re invested and hence would want to spend just a few more to really figure the business out.

    I understand they charge the 1.65%, but there’s the $395. However, this is only TRUE for the one’s they CHOOSE to work on.. you said at your seminar.. there were about 500 who attended.. so assume only 10% signed up at $1200, that night they grossed $60K.. of these 50 students, they will troll thru the same list of foreclosures in that area.. put in the hard work.. compete with the 49 students as well as the hundreds of seasoned investors coming in with cash in their pockets looking for the same real estate bargains as you with tons more experience than you. If you find a handful to submit to the Snap Flip group, what are you chances of getting your deal selected?

    So it seems the business model is for them to charge people to learn how to become their ‘agents’ to look for the great deals and only spend the cash if the numbers can truly work.. eventually the 50 students will drop off after a few tries.. so they continue to recruit more people from the hundreds of free-seminars they put out and so on and so forth.

    As you say, there is a great deal of effort involved here and perhaps to the lucky few, they can make some good money for a while.

    For the many, I would suggest they look at other avenues unless they are willing to put forth the kind of effort it would take. I have a successful consulting business and also do quite well investing in the stock market and some real estate I own. In my journey, I’ve not found a quick fix or short-cut to success. There is no substitute for investing in a proper education and lots of hard work, with a little bit of luck. My two cents.

    Cheers!
    Dan

  54. Hey Zach, Glad you took the time to check out Snap Flip. If you miss the show, you will miss a high energy talk with the promise of earnings to equal the energy. They do not offer any information on the seriously hard work it will be to find a house to buy using their money. Remember, they will be training dozens of people. All will be looking for the same house to flip. It’s hard depressing, frustrating work. Most deals will not work out. Can’t speak about the meal because I didn’t eat it. Wish you well.

  55. Thanks Max, I believe you are not alone. There may be room for those who know the business and the work and pitfalls, but you’re correct with your professional advise. People will do well to listen. Thank you for taking the time to share it with us. Do well, Robert

  56. zach

    just saw the commercial and signed up for it this morning, was very skeptical at first but decided it seemed like was risk free to attend and could win a free tablet/laptop along with the free book and mp3 player that everyone was promised so I signed up online. After reading the review and the comments I’m not sure if tis worth sitting two hours listening to in order to get the free meal(also I read about more of the rules to the drawing and the odds seem way lower then I originally thought) so the only reason I would be going would be to get a free mp3 player and possibly a meal after 2 hours since I wouldn’t be using the book.
    Just not sure if its worth it.

  57. Max

    I am a licensed Associate Real Estate Broker in New York State. My professional & sincere advise is to stay far away from snap flip … stay far, far away from these people.

  58. Hey John, Thanks for taking the time to check in. Real Estate is a wonderful business. There are many many people investing with great success. If you take the Snap Flip training, we would love to hear how you do. Most interesting will be how well the formula works. Hope you’ll come back with a report. We wish you well. Robert

  59. Brian, Thank you for reporting your experience. We hope others will read it. The $1,147.00 is only the beginning. It is reported that several up sells happen at the training. We noticed recently, a small notice that of a Snap Flip performance report only included students who had invested more than $3,000 in product offers, like more training.

    Yours is the first we have heard of criminal acts. Fraud with a credit card is serious. It is amazing that those who claim to be worth millions, need to steal $500 from a customer. We wish you well.

  60. Brian Fosvrook

    This is a total scam, I attended the same seminar offered by Snap-Flip.com New name to add to the list of scam names. Same song and dance as Maria in Florida, as a matter of fact the presenter stated he lived in Florida and was only in Columbus OH for 3 days. 1147.00 for the 3 day seminar, no answers in the free 2 hr seminar just promises of 1,000,000 credit line his partner Box Home Loans. You couldnt have access to the credit line and his services unless you paid for the 3 day seminar. I was walking away from the deal when they kept offering to give me financing on the payment for the seminar. NO Thanks… Then I gave them a counter offer, I will pay you $150.00 to hold my seat while I investigate your company. $500 more a week later and the balance before the class if it turns out to be legit. WHAT REALLY HAPPENED –> They stole 500.00 from my bank account that day, I caught it 2 hours later at the bank, and demanded an immediate refund and was denied. Bank account fraud claim filed, police report filed, Fraud complaint the Atty General of Ohio…. 30 days later still fighting with them….

  61. Mr Hunry, The short answer is yes, there is a dinner at the end. When the presentation is over those who want in, line up at tables with credit card in hand. About thirty minutes of that and they bring out the food. We had no intention to eat so we left when the presentation ended. Thanks for checking in, Robert

  62. Hey Martha, Thanks for your comment. The Snap Flip program leaves a lot of unanswered questions. I guess spending the $1200 is how we find the answers. I didn’t do it. Flipping houses can be rewarding, but finding the right ones is where all the work is. Knowing that there are many trying to find the same house, who just went through the same training, creates a lot of competition. It will be very frustrating knowing how much work you put into finding a house, only to have someone else buy it. Lastly, I have learned that there is a lot of pressure to buy more training. Seems odd that a program designed to allow those with no money, a way to get into the game, would be trying to have you spend more on training. Wish you well on what ever direction you choose.

  63. My sister and I just attended a “Snap Flip” in Indianapolis, In with Drew and Danny, Of course they were not there. Being the cautious person that I am, I am checking them and the program out intensely before we go any further. I want to know whose name does the property go into first ? If it’s your name, then you have all the closing cost to deal with and that would come out of your pocket? And what if it takes a long time to find a buyer, or what if you want to flip it yourself. I am still investigating. They did offer to reimburse the $1200 if you did a flip within so many days.

  64. Thank you MCV, It is nice to here from our readers. I think you summed things up quite well. Yes, people are doing this program, but it is very difficult work with a lot of frustration and disappointment.Once in the training, it is my understanding the pressure for up sells, spending money on more training, is intense. Hope you are able to find a business that will work for you. Do well. Again, thank you for your comment. Robert

  65. MCV

    I went to an initial presentation on this topic last night in MA. A fast talking leader gave the basics of their approach. Highlighted was the fact that once one sells a home, the fee for their agency is only 1.65 % of the money lent to you. (plus a $395 fee).
    However, they charge a much heftier up-front fee for their 3 day training. ($1147). That, to me, is a bit much as it’d be easier for people to pay more $ AFTER they’ve sold a house, not before. (and to keep the ‘amount of skin in the game” to an initial $500-600 would be more realistic for a lot of people). And there are concerns about needing a real estate license to do this which were never mentioned…
    For a few hardy souls, it might be the right thing… but be prepared to be asked to pay more for more training at some point. And apparently to work VERY hard on researching possible houses…(They claim their customer service reps help with everything…but how can one know before they shell out a lot of $?).

  66. Hi Gladys, Thanks for taking the time to make a comment. We enjoy hearing from our readers. I had never heard the ‘snap shot’ idea before. I can see how it could have been confusing. As to the real deal, lots of mixed opinions there as well. The plan may work, provided it’s legal. The key word is work. There is a lot to it. You may have noticed how they point out there are investors ready to ‘snap’ up properties in the flip process. Did you wonder why the investors do not find the properties themselves? It’s a lot of work. Thanks again for checking in. Wish you well in finding a nice side business you will enjoy.

  67. My bff and I went to this event. The class was very informative on what they do and how to make money flipping houses or renting houses but…….the commercial on tv is a scam. It says SnapFlip and it is on the poster with the HDTV stars when you go into the conference room but there is nothing like what the commercial makes you believe. It makes you believe that you sign up to snap a picture of a house and send it in to a buyer or contractor and if they choose your house you get a commission. Nothing like that, it’s all about you purchasing a property although, they could fund you the money to do so which is great but not if you don’t want to be involved in purchasing and selling houses. If you go to this event thinking you are going to Snap pictures, forget this one but if you want to buy and sell houses and need cash to do it this seems to be your company. But, now I am skeptical on just about everything. Oh and after reading some of the reviews which I should have done before going, I’m too trusting; you should check your state for it is illegal in some states to do this if you are not a real estate broker or find out from them if they certify you when you take the course to be able to purchase a property legally . Good Luck!….Wish this was what the commercial led us to believe that could have been so much fun and a great part time job. Disappointed once again.

  68. Hi Marcia, Your comments are very kind. I am glad you saw our review. While I am not ready to call the plan a scam, there is a lot to be cautious about. Some say it is illegal. That’s good enough for me. What I do know, in the states where it is legal, it would take great effort, lots of time, with never a guarantee that your time spent is rewarded.

    While the training class they sell at the program you did not attend is almost $1,200, the up sells down the road will be several thousand dollars more. Again, thanks for taking the time to read and comment. I wish you well in what ever endeavor you pursue.

  69. marcia patterson

    im so glad my girlfriend at the last minute decieded she did not want to go, but i decieded to do some research and see just what i was missing. if i hadnt
    of saw your response i would of been dissappointed and never would of known what i was getting into and wasting my time. thank goodness for people like you. god gives you praise from above for caring enough
    to save people like me, a scamm.

  70. Ms Petit, Thank you for the warning. We first wrote about this business plan when it was offered in Florida. We actually went to a meeting to learn what the plan involved. Other real estate agents have written us with the same concern you express. We certainly hope that our article, coupled with warnings from readers, will aid others in making appropriate decisions about Snap Flip Real Estate. Learning all the legal requirements of their state is great advice for those considering this business. Again, Thank you for your important contribution.

  71. OHIO residents PLEASE take note: what is described here is illegal activity for the student/member to undertake without a real estate license! The civil penalty for unlicensed activity in Ohio is steep – up to $1000 per day per violation (each property!).

  72. Cindy Fox

    Thank you for all the comments you provided. I am scheduled for the event in Dayton, Ohio. After reading these comments/reviews I will NOT be attending. Shame on Celebrities for such scamming.

  73. Hi Maria, So glad you saw the article. I can not speak to the license requirements. I did not buy in and never heard that question asked at the free seminar I attended. I ‘think’ the work around is, they actually take title as a person. In the pitch I heard, the attraction is the money source. They (the organizers) charge a fee to their people (the ones who bought the training) on the money they supply to allow ‘all cash’ purchases. They quick flip in a couple of weeks, usually to an investor who will do the renovation and flip again. Is it a scam? Some say there are up sells once enrolled in the training, with pressure in invest thousands more. I don’t have direct knowledge on that. I do know it is very hard work. Lots of time and disappointments in attempting to buy ‘must sell’ homes. Thanks again for weighing in. Wish you well in your real estate endeavors. Robert

  74. Maria

    I am a licensed real estate person in Florida and it is in fact illegal to make over $50.00 on any sales transaction of real estate that is not personally owned by you if you are not a licensed real estate person. So how they are advertising and selling training on this is unbelievable and a total scam.

  75. Hi Maria, I am so happy to hear your comments. Your comment on the talk being ‘canned’ is totally understandable. Most presentations are scripted. I expected there would be up-sells someplace along the line. That is normal in every training program. I can not imagine why anyone would invest huge amounts of money when the whole concept “pitch” is to use their money.

    I did not do any research. I only attended the meeting and reported what their pitch is and what I experienced. If the initial training gets anyone to the point of making deals, it is worth the time and money. My single point remains. The hard work of finding the deals is where most will fail.

    If their real purpose is to sell more product or training, with the idea the work will become easier, then you are correct. Shame on them.

    Again, thanks for sharing what you learned. I hope others will see it. Best wishes getting your refund. Hope you find a business you can trust. Do well, Robert

  76. Maria

    I just attended not one, but TWO Rent to Renovate/Snap Flip/ Visionary Events in two evenings: 3/23/17 in downtown Orlando, FL and 3/24/17 near the Orlando (MCO) airport. Same high sales pitch from the exact same guys: Steve, then Drew Levin, then testimonials from 2 former (highly successful) students, then Chris. Word for word verbatim pitch from Steve and Chris–even to the jokes! I was suckered into purchasing the $1147 3-day Real Estate Workshop Package (of which I intend to get a refund–based on their stated right to cancel the transaction within 3 business days.) If you look further into all of the chatter and complaints on the internet, the 3 day workshop becomes an exercise of this team to coerce something to the tune of $21,000-$25,000 for advanced “training/education/materials/mentoring.” The BBB has them on a cautionary watch-list. Here are some affiliated business names:
    Alternate Business Names

    Clark Edu LLC
    Women’s Empowerment LLC
    Performance Education LLC
    Property Education, LLC
    Affluence EDU LLC
    Real Estate Intensive
    Visionary Events
    RE Intensive
    Education Financial
    Interactive Trader
    Response, LLC
    I do not know who owns this LLC. Even though it is marketed as a Drew Levin/Danny Perkins “Rent to Renovate” event, I get the impression that this Visionary Events et al company is riding on their coattails and using them for celebrity star-power. Shame on them (Drew and Danny) if they are the originators of this or are even just complicit partners. At any rate: AVOID THIS SCHEME AND VISIONARY EVENTS COMPANY & AFFILIATES!

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