All Forum Posts by: John Wilson

"Beware of Peter Harris Program: My $10K Scam Experience"

Hi everyone,

My name is Sarah, and I’m a single mother of two. I came across Peter Harris’s program on YouTube while trying to buy my first small commercial building.

"As a newcomer to commercial real estate, I believed investing $10,000 in education would be a wise decision. I thought the program’s 50/50 profit split would align our interests and ensure they provided solid guidance, especially since I was new to the field and nervous about making such a large investment and thought the 50/50 profit split sounded fair. I assumed since they would profit too, they’d guide me correctly.

But what they didn’t tell me was that on top of the $10,000, they charge nearly $200 per month for software to "learn" from. The real issue? You’re left doing all the work: finding deals, inspecting properties, putting your own money down while they take no risk at all and still expect 50% of your profits until they’ve made $500,000. This felt like they were turning me into their money-making machine.

If they’re charging $10K upfront, plus $200 per month, and taking 50% of the profits, why aren’t they putting in 50% of the work or covering 50% of the down payment? That would be fair, but instead, they make you shoulder all the risk.

I complained twice, and they finally agreed to let me out of the deal but kept my $10,000. They sent a new contract trying to bind me to still pay $200 per month, which I refused to sign. I told them I wanted nothing more to do with them.

Then they sent me a cancellation contract, but their customer service accidentally sent me the wrong one—saying they were going to refund me. I believe this contract was meant for those who cancel within 3 days, which would entitle them to a refund. Unfortunately, I canceled about a month in when I realized the scam.

I signed the contract in good faith and tried to dispute it with my credit card company, but they lied to the credit card company, showing them only the first contract I signed. Luckily, I have everything documented.

I had my lawyer review the contract, and he told me that in his entire career, he’s never seen a contract so one-sided in favor of the company. He strongly advised me to take legal action.

Please don’t fall for this scam. Peter Harris is a multimillionaire preying on hardworking people like us. I’m filing a class action lawsuit. If you’ve been affected, please comment below, and we’ll find a way to connect privately to discuss next steps.

I'm in Peter's course and maybe it is different for me but I get my 10k back after doing a deal(s) worth $500k which is easy to do really.. feeling close to getting that done in the next few months. You can't just go buy commercial RE. If that is your plan then go do something else. It takes knowledge. if all you have is 15k then this might not be a good fit for you. I also just go done taking a Alan Cowgill course on raising money to help fund my deals. Peter covers it but I was urning for that warm fuzzy before  I talk to people about their money. Anyway, Peter is an authentic person that does care about his students and him and his team ensures that you make a good deal and not some half a%^ed one that puts your investors at risk. If you want to learn to do it the right way then Peter can help. he has training videos and a process for everything. Personal coaching calls and group calls. Even help with after you get your property with calls that help you manage the property manager!! By no means does he just take your money and leave you hanging!!! With that said, you get out what you put into it. You have to walk before you can run and it takes dedication and work. 

hope this helps. 

-Cheers, Christian S.