Consumer reviews and reports on scam companies, bad products and services
Robert Shemin
Robert Shemin Very poor outcomes from each of Robert's recommendations Nashville, Tennessee
16th of Jul, 2011 by User842170
Have watched my retired parents deal with the consequences of buying into all of Robert Shemin's recommendations. Ever since his boot camp, their financial situation has become frustrating, difficult and full of poor investments.
Robert highly recommended a CPA firm--he sold the firm to the masses as 'experts in real estate taxes' --who made multiple errors their return, missed very important real estate deductions, refused to admit their mistakes, turned it over to collections, so that now it is in the hands of an attorney. The IRS has indicated it will not be cleared up until 2012, and they are assured of an audit. When Robert was contacted about the CPA firm, he said the guy he know there had retired and he's no longer associated with them. Then he stopped responding about it. So, he sold a bunch of investors on the notion this firm was THE choice for taxes based on one guy. He should not be up on any podium giving he stamp of approval if he does not have the ability to assess performance.
Josh Spivey is a featured speaker of Robert's, who has his highest recommendation as a financial advisor, so they 'signed up' with Josh at the boot camp - all investments this guy directed their money to have been high-risk, non-liquid 'investments', and the biggest has now declared bankruptcy - as retirees, they now do not have access to the cash they require. I spoke to Robert directly about Josh's poor performance as a financial advisor, and he clearly wasn't interested in the performance of investments - did NOT consider that Mr. Spivey could have put their portfolio on a poor direction. It may be that Josh's high risk stuff is great for Robert's portfolio, but I pointed out if he is pushing retirees money that way, he should be concerned. Again, he's all personality, wants everyone to get along, but not interested in actual performance for his students.
I did NOT appreciate that he exaggerated many facts and dates to make himself sound concerned and involved with my parents, because he is not. And I must cut and paste an email response I received from him as the most transparent way to not answer my many questions... keep in mind this is the author of multiple books and supposedly a professional business man, claiming he doesn't do well in email (because he knows he can bully on the phone):
"My sinncere apologiess as i mentioned i do not tptype well ..i will make a longer email if you like ...as of lan email ....january email no record ...as i tell everyone and you and your mom pleasew please call me as i am not the best with email ...so your conclusion that im dishonest is rather hasty ...again if you have any questions please call anytime ..also josh and peter are available anytime .....i will have to have my assistant type for me if thats ok THANKS robert 30 5 607 9708 "
I am a real estate investor myself, and a believer in eduction by book, seminar, CD, etc. But you have to know if there is any substance to the speaker/author... had to post here to say I think, at best, I believe Robert Shemin to be naive and stupid, at worst, I believe him to be devious and untrustworthy.
Just because someone is charming, funny, personable and repeats common real estate dos and don'ts, it is not enough to be called a 'wealth coach' or be at that podium with microphone in hand.
Comments
4626 days ago by RobertFeol
Agreed - Josh Spivey is either incompetent or a criminal. I invested some money with him and have now I'm being denied access to it. Everyone or everything I've ever heard Shemin recommend is a scam it seems. I don't trust the guy any further than I can throw him. Robert Shemin is a scam. Josh Spivey is a scam.
4479 days ago by Sarah Elliot
I did a search on Mister Shemin and do not share your opinion. I have several of his products and taken several seminars which all have provided me with a wealth of information. Additionally Mr. Shemin has been nothing but generous with his time and has helped me in many Real Estate/business decisions.

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