My Horrible Experience with Ron LeGrand's Financial Freedom

My Horrible Experience with Ron LeGrand's Financial Freedom

Santa Ana, CA, CA · Member since 2009 · 13 posts · 9 votes

I gave Financial Freedom my credit card info so that they could bill me $3.95 to ship me a book. They ended up billing me $200 a month for several months before I realized what they had done.

My wife's a Realtor and we flipped a couple houses that she found for us. This last year I've been trying to really learn the business and begin to market for properties. In doing this, I've signed up for some free conference calls and webinars. I signed up for something on Ron LeGrand's web-site (the free access portion). I gave my credit card so that a free CD could be shipped to me.

I eventually got inundated with emails from these various web-sites and stopped reading everything they sent to me. I filtered to junk mail, etc. I realized all these conference calls and webinars were just teases to sell something.

About 5 months have giving Financial Freedom my credit card, my wife asks what this $200 monthly charge is for. I immediately called Financial Freedom they explained that the $200 was for their "pay -site" which includes a free weekly conference call, etc. I explained I had never joined this or consented to pay for this that I gave them my credit card to bill $3.95. They lady I was speaking to grew very defensive and told me that they had emailed to me confirmation for this web-site. I explained I hadn't seen such an email and had never given my consent, and had never even gone to this web-site. They lady started almost yelling "If you have your bank investigate we will send them the screen shots we sent you". I hadn't even mentioned having my bank investigate. Clearly she had been down this road with other people and knew exactly how it would escalate. She promised she would have her Supervisor call me (she was so rude you think she had gotten ripped off not me). The Supervisor never called. I called back again and asked for the Supervisor and 2 weeks later still no call.

Based upon my experience, I would strongly urge anyone to be very careful doing business with Ron LeGrand or Financial Freedom. In my opinion it is a very unethical organization.

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Property Manager · Dublin, OH · Member since 2009 · 1k+ posts · 291 votes
16y

Conclusion: Don´t give your credit card infos for "free" products!!!

-Uwe

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  • Houston, TX · Member since 2014 · 17 posts · 14 votes
    4w

    I can't say this any more clearly, if someone is selling the secret sauce, its not a secret. These people are a lot better at selling product and figuring out how to attach themselves to one of your credit cards than they are at doing real estate deals. Common Sense people. If you want to learn, buy some books. You can get good suggestions from bigger pockets. I've been doing this for a long time and have gone from wholesaling to owning a portfolio of multifamily assets and now venturing into development. Had to learn most of it the old fashioned way. If you're wholesaling, you don't have much risk. If you're flipping houses, your lender can be a good second pair of eyes. They don't want to take the property back. Keep it simple. Use the max offer 70% ARV less cost of repairs and be extremely disciplined. You will learn and meet people along the way. These snake oil salesman are in the education business. They have no stake in your success. Once they collect your money they are focused on the next sale, not how you do. Need a mentor? They will try hard to sell that super premium service. It's garbage. At best its an accountability companion. I've seen some of the worst real estate advise come from these so called mentors. If they were that good they wouldn't be working for a snake oil salesman. Common Sense people.

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