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  • Property-a-holics

    Have you had dealings with Glenn Armstrong?

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    Are you making a film about Glenn Armstrong?

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    If you can contact me on above address.

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    I was just going to suggest a title.  (*Moderator note:  Rest of comment removed*).

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    Glenn's 4 day "Life Changing" Property Courses

    I note that there are quite a number of negative comments surrounding Glenn Armstrong and his "Property Investment Style" on this great property website, so I thought I'd give you a head's up on this man. Here's my two cents worth and honest take on Glenn Armstrong's property techniques and strategies.

    For those who are considering "Investing" with him or joining one of his courses, it’s a serious case of "Caveat Emptor". Be aware, be very aware!

    I recently attended one of his so called 4 day "Life Changing" Property Courses. What can I say?

    First off, I am convinced that some his strategies work in many cases and situations if deployed correctly.

    Secondly, I have listened to some of his recordings in the past that date back several years and he says the same old thing (broken record). During the 4 day event, Glenn very cleverly uses persuasive tactics making you feel as if you want to reach for your cheque book and sign up as one of his £7,000-£8,000 for the year "Mentee" programmes.

    Not so fast- Let me clarify: When he provides examples of deals he's completed in the past, he states "There are plenty of deals like these out there. You find these deals and I'll fund 'em". Clearly, to most people, one immediately feels "WOW, I've got a great JV partner and I don't need any dosh! All I've now got to do is locate and track down these properties and Glenn will stump up the readies".

    The so called "Deals" he discusses are deals he did years ago. There was nothing current or pending that he discussed over the four days. Glenn only makes it clear toward the end of his 4 day presentation that he only funds the deals when one joins his “Mastermind” Programme (at circa. £20K), after you’ve signed up as one of his £7K-£8K Mentees! A few people in the room got seriously caught out here, because they'd parted with their £ from day one.

    Another persuasion technique/tactic GA uses is when he also covers the topic of How to Deal with Estate Agents and how you can "Get them on Your Side".

    Again, Glenn claims that as one of his Mentees, he will provide you with a "Letter of Funding/Authorisation" from him demonstrating that you're good for £5Million!

    That certainly perked up the sleepy heads in the room! When confronted by one of the group participants about this £5Million Loan letter, Glenn just swiftly changed the subject, never to return to it.

    He also offered a discounted Mentee fee right at the very beginning of his pitch (on day one). If you signed up by the end of day one, the Mentee fee was reduced and you received a few months added as bonus. As the days progressed, the discount was not as generous. This made attendees more likely to feel as though they're getting a good deal and decided to sign up from day one. Great tactic by GA.

    However, several of us attendees noted that by day 4, those who did not join as a Mentee were treated differently to those who did. In other words, if you didn’t sign up, some of your questions were either ignored or you received a “wishy,washy” answer from Glenn. Interesting eh?

    Here's the killer persuasion technique Glenn uses.

    He invites his current/past Mentees to tag along and join in with the new crowd at his 4 day event. They talked about their experiences as Mentees of Glenn and how much Glenn has helped them and how much money they have made.

    Now, myself and others in the room got the distinct impression that some of these Mentees were “Plants”. They were strategically asked to come along and tell a convincing story so that more “Mugs” can sign up as one of Glenn’s Mentees. This was the biggest, most off- putting aspect of his sales pitch during the 4 days. It just smelt of rats!

    I wonder how much “Hand Holding” his newbie Mentees receive, as apparently he’s a very busy man?

    Just suppose a Mentee has a new opportunity arises and requires a split second decision- Will Glenn be at the end of the phone for £7K-£8K a year or will he be too busy making more money elsewhere. i.e running courses at £500+ a pop and signing up 10 new Mentees over 4 days? Quick math’s and that’s circa. £70K+ in mentee fees PLUS the 4 day event revenue from each participant (OK- he’s got venue fees and travelling costs to consider)! Not bad work if you can get it eh?

    Oh, finally I should mention that Glenn’s time keeping is appalling. Not once did he start on time, and time is money!

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    Thanks for making us all aware of how the courses are run. Was paying cash an option for a cheaper fee? 

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