Hey John.

Thanks for your comment. I also so that too. I had to laugh.

I can teach people how to flip single REO’s too with our Rapid Offer Generator / Flipping REOs For Cash course for only $49 monthly rather then 1000s of dollars upfront! Check it out at :

http://www.rapidoffergenerator.com

Glad I found your site. I am so tired of the BS.

Today I saw a check being posted about a BULK REO testimonial from Kenny Rushing.. BUT if you actually read the testimonial….. it was not for a BULK deal at all. It was a SINGLE REO Flip? WTF? Any wholesaler could do that! He had the nerve to post it all over and also TAG all the other big gurus in Facebook to get traffic to his page. Now he has that person acting as a “mandate” which in reality she is acting as an real estate agent!! ( or a birddog in the least)

I am flabbergasted at the gall trying to get people to buy his course or attend his event.

I could have sworn the POF for pools was 100MM. Doesn’t matter. The numbers for FreedomsSPAM are even better.
500MM x 2,000 who bought the system = 1 trillion dollars

Another thing that gets me about the BULK Trader course when it comes to the liability. Much of Kenny’s capital comes from Robert Gries who is, very good with money to say the least. He didn’t gain that much capital by making dumb decisions with his money. I’ll admit to my lack of knowledge of Hedge Fund “inner circles” but giving out gigantic POFs willy nilly without qualifying anyone first is the equivalent of giving a 16 year old giggling school girl a 1 million dollar line of credit and tell her to have fun at the mall.

A lot of these cats use their name to sell, which can be sad when they sell crap. Case in point….

When I was in College back in the 90s I was remarking to a friend of mine who was a manager at a GNC about how Joe Wieders supplements were crap. He told me one time he met one of the former Mr. Olympia’s and made the same comment. That former Mr. Olympia asked Joe, “Joe, with the name you have in this industry, don’t you think you could put out a worthwhile supplement product?” Joe’s response was, “Why? I made three million on my supplement line last year?”

Mathew – You hit the nail on the head. I was not even going to post about this launch until I started hearing things that did not sit right with me. There is a liability for just handing out POF’s to every Tom, Dick and Harry. I have also seen the phony POF’s floating around too.

This post also goes for the 500M BULK POF being offered by FreedomSoft ( but you have to pay them $500 to even get them to look at your tape first) What a JOKE. The Tampa Guru Ripoff mafia strikes again. I don’t stand why these guys have to lie and hype about their courses and systems. If the system is good it will sell itself with just good marketing.

I don’t think these guys really understand how this business works NOR how small it is.
That’s why I keep the Blacklist on my site for public view.

Okay I wanted to put my 2c on this.

First off I have to agree with you on some of the extras they are offering on this are nothing but crap, especially the “find bulk REO buyers on Facebook” ? I hate to type like a 14 year old but WTF?

There is more HYPE from the direct benefits of the course. One of the so-called “big deals” in this course is offering 100MM Proof of Funds. Now Duncan and I share a mutual funding source for REO deals. They provide a 2MM POF. To keep things simple about POFs, you have to “qualify financially” to get hire than the basic 2 and 5MM POF’s. Rushing Capital provides everyone with a 100MM POF.

Okay I gotta do it again…. WTF?

Our funding source has had issues with people abusing the POFs. Two people with the POFs tried to buy a small bank on their own with it, and another tried to buy a luxury home with it. Neither of which are in their “criteria,” of REO product to purchase if you’re using it the way they ask. Also so called, “Brokers with connections to millions and billions of REO Pools,” have tried to forge the POFs for their own use. Point being there is a lot of liability risk for financial institutions to give people POFs.

Now giving people 100MM POFs all willy nilly? That is asking for SEVERE HEADACHES with liability to put it lightly. Plus POFs have to have some sort of a reflection of the available capital in their funds. That’s where I call BULLSHIT on the 100MM POF.

Why? Let’s take the current number lined out on this post. When you do the math, most likely 175 people signed up from the numbers, let’s inflate the numbers and say 200 people signed up. Now 200 people plus 100MM POFs that’s at least 20 BILLION in funds…. BULLSHIT.

Now I have no issues with Kenny, but he’s trying to say he has more than HALF of Bill Gates’ net worth (40B last year)? Bullshit. My funding source manager busted his ass to get $1.2 BILLION for a commercial bridge lending fund, and he knows what he’s doing since he was a former wall street funding professional.

You don’t need anything super sexy to sell a product. If it’s a good product, it’ll sell itself.