In the class I would get a 15 minute teaser of information and then would have to sit through a half hour of listening to everyone talk on the microphone to discuss it. What a waste of time and money. Take your $500 and spend it on books and real estate courses at your local community college because this course was a big time RIP OFF! It makes me sick to feel scammed, don’t let it happen to you.

I kinda got the cough BS seminar feeling on the 1st day when they have you sign a wavier on the 1st day of class. Boy the things that were on that paper.
2nd thing how are you going to trade stocks or learn about stocks with there so call edutrader software program with no laptops being allowed within the 3 day class. Last time I check most people use computers for stock investing.

Too bad I did not come the last day because that would have been a youtube video moment LOL. I heard there was some unhappy people that showed up that must have attended some rich dad seminar elsewhere because these folk apparently showed up to speak about their scam experiences. LOL

Several weeks ago I attended a free 3 hour training expecting a sales pitch but curious to hear about the RDPD education and also anxious to get some idea of the real effort involved in applying the RDPD principals and strategies. The entire 3 hours is a hard sales pitch, but it was enjoyable enough to sit through. Needless to say I ponied up the 490 dollars to attend the 3 day training understanding that I knew very little about real estate and knew that I needed a look behind the curtain so to speak. After signing up and charging the 490 dollar “doodad” I was presented with my “free” guide to real estate investing and the 3 step guide to financial freedom book, as well as some other reading and CD / DVD products. The materials are well presented and very informative. The information in them is not ground breaking for anyone with personal finance savvy, and can be substituted through other regularly priced publications.

Before attending the 3 day seminar I set a limit for myself, knowing that it too would involve a sales pitch, that I would not impulsively purchase any thing else if the cost was ridiculous or the product was not measurably tangible from the outset.

Having just attended the 3 day event I must say the introductory level training was worth every penny of my 490 dollars with my only caveat that I have only a very basic understanding of Real Estate. For someone at my level the course was most likely valuable. But a real estate agent that was at the same seminar admitted to me openly that they already knew everything we had learned up to that point of the program. The age and experience level of the class varied and nobody seemed overtly unsatisfied.

One who attends this 3 day seminar should expect a broad stroke introduction to several real estate investing subjects, including financing methods, wholesale tactics, foreclosure process, due diligence, etc… However it is emphasized over and over that to be successful one needs intensive training in each of these subjects. This of course is where the sales pitch for more advanced training comes in. In addition to the training that you do receive, and I re-iterate that you do receive good training at this seminar, you get to play Cashflow 101, meet new people with similar interests, and receive more literature and information to study on your own.

Anyone who has read the RDPD books is very aware of and familiar with the concept of the “rich” mentality vs the “poor and middle class” one. During the sales pitches, which are a continuous part of the 3 days, this “mentality” becomes a tactic. This is where I began to detach from the experience and hastily put down my glass of “kool-aid”. I felt it was a tad insulting to use the validity of the RDPD message in it’s inspiring context as a subtle manipulation to get one to do such things as consider credit cards as “investor cards” and then attempt to convince one that investing in education means incurring enormous charges on their credit cards to purchase more RDPD products. Once you are presented with the price tag of the advanced training the ploy becomes blatantly obvious. The advanced training packages, consisting of more weekend seminars, vary from 2 to 8 training events for prices ranging from 9K to 65K. I am not exaggerating when I say that the speaker / salesman suggested that people could take money out of their retirement savings to “invest” in these classes. It quickly becomes evident that it is ridiculous to expect to learn the complex advanced subjects at a 2 or 3 day weekend seminar with a price tag in the neighborhood of 3K to 5K each. In addition to the audacity of the inflated prices the speaker made several claims regarding the company owner (which is not Robert Kiyosaki) as well as themselves which were easily refuted with some online research. It is worth mentioning that on the first day the class was encouraged not to use Google to look up unreliable internet information. My unreliable Google search netted a NY Times article about the Wealth Intelligence Acadamey’s owner - Russ Whitney - which was far from an unreliable Google search. There was other information and claims that I disproved and/or could not substantiate that I wont waste time on - by now you should get the point.

As I had agreed I walked away at the end of the three days without “investing” in my future - But I did it with no credit card balances and still have my life savings in it’s account where it belongs. The WIA / RDPD crowd may now accuse me of “thinking on the wrong side of the quadrant”… however I was confident that I could afford to pass up their generous opportunity because while I was using the internet to look for unreliable information I found several alternative sources for RE investing classes, mentors, and opportunities with much more realistic price tags. One of these is the Non-Profit organization the NREIA - I am not currently affiliated - but I do recommend one look at the website if they are interested in RE investing in any capacity.

I’ll part by saying that my overall experience was very positive and that I am pleased with the service I received for my 3 day introductory seminar. I came away with a wealth of information about Real Estate and investing that I didn’t know existed, and with the motivation and plan to seek out more training. The experience was life enhancing and horizon expanding.

I have taken Rich Dads lessons to heart and recognize their value in learning how to think progressively about financial security. But I learned some lessons from my Poor Mother that are just as valuable - and that is that some elbow grease is what it takes to get things done. AKA - apply yourself. If you can afford to pay premium prices and feel that a few days will get you where you want to be then the Russ Whitney / Kiyosaki team is a good choice. If you’re realistic, use some sense and shop around for something less manipulative and more reasonable.

Best of luck.

I paid $495.00 for a 3 day “Stock Success System” seminar. What a joke. Most of the class time was spent selling their next series of classes, which cost $$$ tens of thousands $$$. That’s the “SYSTEM” - charge a lot of money to attend the seminar, teasse the captive audience with a few little tidbits of information, and sell, sell, sell them the next course(s). Very little useful information - a lot of fluff. A BIG WASTE of TIME and MONEY. Don’t become another VICTIM!

Based on their refund policy (three days to think about it or no refund is available), I will never use Rich Dad Education again.

Personally, with the terrible refund policy, the rude responses from my inquiries, the hours on hold to evaluate my options (or lack of options), and no resolution other than them keeping my money — NEVER SIGN UP FOR A SERVICE THAT THE UNUSED PORTION CAN NOT BE REFUNDED.

PERSUE OTHER OPTIONS, Not Rich Dad Education!

I also besides real estate investing thought of other ways to make “big” money. Investing into the “Iraqi Dinar” is a big one also. I have recently bought dinar for a relatively cheap price. The dinar that I bought now would be worth 3X the American Dollar about 10-20 years ago. Since then, it fluctuated to a real cheap price $1USD=1206IQD currently. But researches say that the dinar will probably not reach that mark again but it will definitely someday reach up to the 1/1 mark.

Well that is all I got to say for right now. I will post again how the experience goes during this 3-day seminar this friday and please leave comments for me and questions! Thanks!

D Hu

I have tried to research the advanced courses to see if they are true education or mostly sales pitch.

For an investment of this magnitude I want to know the advanced courses will really teach something useful without all the sales pitch.

Has anyone used the R.E. Software that is sold with the advanced course packages? It seems pretty impressive but is it really?

I have never owned property before, so i decided to check out a Kiyosaki Seminar put on by one of his disciples

It was an informative seminar for a newbie such as myself, but it was really just a big plug for a 3 day seminar a month away (which I knew) . The speaker spent over an hour, over the course of the 3 daysAnyway, I decided to plop down the 500 bucks to check it out, as I was given a huge handbook for real estate with it, and it seemed to be of big value and somewhat legitimate

The 3 day seminar just ended this weekend , and i did feel like i learned alot of techniques that I didn’t know before in that it was an overview of many possible streams of income involved in Real Estate. However, this 3 day seminar was a HUUUGE plug for their “Advanced Training Courses”, which START at $12,000 for ONE course.

They are now selling a software package which is alleged to dig up foreclosures before all of the other services do, and it costs 1500 PLUS a 40 per month fee, and is only available if one takes the “Advanced Training”

I definitely didn’t want any part of it after that, because i felt that there was enough of an overview to where i could start asking the right questions to the right people, with the right materials in order to succeed.
The thing I am curious about is what they are going to plug next after one is in the advanced training