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	<title>Comments on: Multi Level Marketing Can be a Legitimate Way of Getting Into Real Estate</title>
	<link>http://repupil.com/posts/130</link>
	<description>Things your agent will never tell you.</description>
	<pubDate>Thu, 20 Nov 2008 11:44:30 +0000</pubDate>
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		<title>By: grumpy old monk</title>
		<link>http://repupil.com/posts/130#comment-5882</link>
		<author>grumpy old monk</author>
		<pubDate>Tue, 24 Jul 2007 17:29:08 +0000</pubDate>
		<guid>http://repupil.com/posts/130#comment-5882</guid>
					<description>Haha...I have a friend who ended up working for as a "realtor" for a company that asked him to recruit other realtors for a cut of every commission his recruits brought in - Forever. It sounded like a nice deal, except someone in the office was also taking a big chunk from each of his paychecks.</description>
		<content:encoded><![CDATA[<p>Haha&#8230;I have a friend who ended up working for as a &#8220;realtor&#8221; for a company that asked him to recruit other realtors for a cut of every commission his recruits brought in - Forever. It sounded like a nice deal, except someone in the office was also taking a big chunk from each of his paychecks.</p>
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		<title>By: Moneydork</title>
		<link>http://repupil.com/posts/130#comment-6080</link>
		<author>Moneydork</author>
		<pubDate>Thu, 26 Jul 2007 20:25:41 +0000</pubDate>
		<guid>http://repupil.com/posts/130#comment-6080</guid>
					<description>That reminds me of the NVU place that Casey Serin got envolved with (http://www.caseypedia.com/wiki/Nouveau_Riche_University).  They would get people to pay to take real estate investing classes.  You would pay $15,000 for one week of classes.  Then for every person you signed up (after your first 3 you signed up), you got half of what they paid in "tuition".  They also were big in the, "other people's money" philosophy of not using your money, but friends, family, loans, credit cards.  Heck you could make that money back in one deal or recruiting 5 people to go to the course.  

It's horrible how they try and trick people like that.</description>
		<content:encoded><![CDATA[<p>That reminds me of the NVU place that Casey Serin got envolved with (http://www.caseypedia.com/wiki/Nouveau_Riche_University).  They would get people to pay to take real estate investing classes.  You would pay $15,000 for one week of classes.  Then for every person you signed up (after your first 3 you signed up), you got half of what they paid in &#8220;tuition&#8221;.  They also were big in the, &#8220;other people&#8217;s money&#8221; philosophy of not using your money, but friends, family, loans, credit cards.  Heck you could make that money back in one deal or recruiting 5 people to go to the course.  </p>
<p>It&#8217;s horrible how they try and trick people like that.</p>
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		<title>By: MoneyDork.com</title>
		<link>http://repupil.com/posts/130#comment-6081</link>
		<author>MoneyDork.com</author>
		<pubDate>Thu, 26 Jul 2007 20:36:12 +0000</pubDate>
		<guid>http://repupil.com/posts/130#comment-6081</guid>
					<description>&lt;strong&gt;Multi-Level Marketing is not a good way to learn real estate...&lt;/strong&gt;

RealtyPupil.com posted a good article recently about MLM&#8217;s not being a good way to learn real estate.  The post reminded me of Casey Serin&#8217;s investment in Nouveau Rich University.  NRU is a total scam in my opinion.  Take in account th...</description>
		<content:encoded><![CDATA[<p><strong>Multi-Level Marketing is not a good way to learn real estate&#8230;</strong></p>
<p>RealtyPupil.com posted a good article recently about MLM&#8217;s not being a good way to learn real estate.  The post reminded me of Casey Serin&#8217;s investment in Nouveau Rich University.  NRU is a total scam in my opinion.  Take in account th&#8230;</p>
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