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12
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6
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Tonya English
6
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12
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Launch Your Leads Scam

Tonya English
Posted

I’m considering hiring an attorney for a class action suit against the scammers from Launch Your Leads that take thousands of dollars and then you never hear from them. Their previous company Amplify My Business has the same horrible reviews and scam so they closed down and started the new scam called Launch Your Leads managed by Matt and Tom Mclleland. If anyone else here has been duped by these scammers, please reply.

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12
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6
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Tonya English
6
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12
Posts
Tonya English
Replied
Quote from @Chad Runken:

Iwe were scammed as well..

we are looking for lawyers now..


 Yeah, I thought they had some morals or was just unable to produce outcomes for my business, but seems like it’s just a money grab and the amount now is 3 times as much as a few years ago. I would not spend one penny. Talked to some Utah lawyers as well, but probably need to make it a class action suit.

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5
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Replied
Quote from @Tonya English:

He is currently providing direct attention to our issue of finding and closing deals. Tom has been very responsive to our concerns. We are starting from scratch on this business relationship and hopefully this will go as promised. I will keep you posted on any future developments.”


 He told us the same thing...

he had health problems... 

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12
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Tonya English
6
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12
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Tonya English
Replied

It’s sad because I fell for all the lies. There has to be a better way to weed out scammers on this platform. Some people have $35,000 to throw around, but I definitely can’t afford to waste money like that. I guess I it was another real estate learning experience.

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Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
61,310
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41,566
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Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Quote from @Kevin Mohr:

I spoke with them about their VIP program out of curiosity. They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it. After closing they split profits 50/50 with you. The cost of the program is 35K upfront and then approximately $3500/mo for all marketing. They guarantee 200K in revenue per year. I ultimately did not do it but I'd be interested to hear if anyone tried that program or knows of anyone who did. 


if you believe this is a common outcome I have a bridge to sell you.

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12
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6
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Tonya English
6
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12
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Tonya English
Replied
Quote from @Jay Hinrichs:
Quote from @Kevin Mohr:

I spoke with them about their VIP program out of curiosity. They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it. After closing they split profits 50/50 with you. The cost of the program is 35K upfront and then approximately $3500/mo for all marketing. They guarantee 200K in revenue per year. I ultimately did not do it but I'd be interested to hear if anyone tried that program or knows of anyone who did. 


if you believe this is a common outcome I have a bridge to sell you.

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Matthew Irish-Jones
Property Manager
Agent
  • Real Estate Agent
  • Buffalo, NY
2,278
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2,289
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Matthew Irish-Jones
Property Manager
Agent
  • Real Estate Agent
  • Buffalo, NY
Replied
Quote from @Jay Hinrichs:
Quote from @Kevin Mohr:

I spoke with them about their VIP program out of curiosity. They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it. After closing they split profits 50/50 with you. The cost of the program is 35K upfront and then approximately $3500/mo for all marketing. They guarantee 200K in revenue per year. I ultimately did not do it but I'd be interested to hear if anyone tried that program or knows of anyone who did. 


if you believe this is a common outcome I have a bridge to sell you.

 Unfortunately, the only guarantee in this business, or any business really, is there are no guarantees of outcomes... ever. 

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Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
61,310
Votes |
41,566
Posts
Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Quote from @Matthew Irish-Jones:
Quote from @Jay Hinrichs:
Quote from @Kevin Mohr:

I spoke with them about their VIP program out of curiosity. They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it. After closing they split profits 50/50 with you. The cost of the program is 35K upfront and then approximately $3500/mo for all marketing. They guarantee 200K in revenue per year. I ultimately did not do it but I'd be interested to hear if anyone tried that program or knows of anyone who did. 


if you believe this is a common outcome I have a bridge to sell you.

 Unfortunately, the only guarantee in this business, or any business really, is there are no guarantees of outcomes... ever. 


well if this was remotely true I would pay the 35k and sit back let them do all the work and make my 200k a year.  

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
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7,315
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

No @Jay Hinrichs. You didn’t read the fine print. You’d have to pay $35,00 PLUS $3,500/mo (That’s ANOTHER $42k!) To make that $200k. :-)

I guess if that $35k was a once and done it wouldn’t be too bad to send them $3,500/mo while they send you a check for $16,666/mo. I wonder if they’d be willing to just send me a check for $13k/mo? Or maybe have them finance the $35k as well and just start sending me checks for $10k/mo right away?

Can I sign up more than once?

User Stats

41,566
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Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
61,310
Votes |
41,566
Posts
Jay Hinrichs
Professional Services
Pro Member
#4 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Quote from @Bill B.:

No @Jay Hinrichs. You didn’t read the fine print. You’d have to pay $35,00 PLUS $3,500/mo (That’s ANOTHER $42k!) To make that $200k. :-)

I guess if that $35k was a once and done it wouldn’t be too bad to send them $3,500/mo while they send you a check for $16,666/mo. I wonder if they’d be willing to just send me a check for $13k/mo? Or maybe have them finance the $35k as well and just start sending me checks for $10k/mo right away?

Can I sign up more than once?


ya missed that part..  Geesh..  I look at all I do for clients for free..  I fund their deals 100% they make money I charge nothing up front I only make money when they make money we get paid the same day off of the HUDs.. And very few take me up on it.. Well I guess because it does require real work they have to actually find the deals coordinate the rehab and get them sold.. I think so many folks maybe are looking at these deals like its passive investing etc.
I suspect the company made a few million maybe many millions I suspect very few if any who spent the money made 200k net in a year.

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4
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Replied

Hello, I noticed this post from about 9 months ago. Are there any updates here from people who have actually had success with this? Thanks!

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4
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0
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Replied

Tonya English, did you ever file the lawsuit?

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12
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6
Votes
Tonya English
6
Votes |
12
Posts
Tonya English
Replied
Quote from @Isabel Baudrey:

Tonya English, did you ever file the lawsuit?


 No. I was told doing it alone was using “good money to chase bad money”. Basically the cost of the lawyer would ultimately be as much as the money they scammed me for.

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Nate Marshall#1 Guru, Book, & Course Reviews Contributor
  • Financial Advisor
  • Evergreen, CO
625
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1,153
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Nate Marshall#1 Guru, Book, & Course Reviews Contributor
  • Financial Advisor
  • Evergreen, CO
Replied
Quote from @Tonya English:

Nice cordial people who mean well, but had the program for a year and they didn’t produce even 1 hot lead let alone a contract.


 Yep. I have people in my organization who have experienced the same mis treatment. All nice and cordial on the sales pitch but deliver NOTHING!