There is a question on the lips of many people who have been watching the infomercials on late night paid program services, that question is often “is Russ Dalbey scamming?”
This question is broke down into parts, because it is easy to say that Russ Dalbey, inventor of the Note System named Winning in the Cash Flow Business, is out to scam people and con them out of money.
For the most who do not understand what the Cash Flow Business is, it basically is selling on of investor notes or IOU’s and is not everybody’s cup of tea. It is a business that you do need to know a lot about, it has a lot of competition and can also be very ruthless. It is a business that is not for people who do not have much time on their hands, and certainly not for people who cannot deal with being unethical sometimes.
Russ Dalbey is not scamming although, he is not being exactly forthcoming with the information that you the purchaser of the system requires within the advertisement. It is not as simple as it looks as made out to be by the host of guests who appear on the commercial.
Russ Dalbey and his guest who have all apparently made a lot of money from using the Winning 2011 system, do not actually let go of their secrets, and are seemingly not telling you exactly how they have made the money they have apart from saying they have by using the computer at home, and selling notes.
Now for starters these notes are not easy to find, many notes are old, and have been very hard to sell by someone with years of experience, some are very new and have very limited potential and have a whole gathering of investors lining up for them.
Many notes are being sold on so cheaply that the potential to earn thousands could take quite a bit of time. But to be fair if you are lucky enough to a niche or marketable note then you could potentially be onto a winner – but they do not always come along in droves.
You can search on Yahoo what a note actually is by searching for ‘investors notes for sale’ this will give you a little insight as to what you are up against. Again a lot of this information is free.
Now far from being a scam as such, but you should be aware that the information that Russ Dalbey is selling you is purely his knowledge, a lot of which you can actually get for free online, the program is very basic and will require you to actually go on a course to gain further skills before you are fully savvy – this is provided at an extra cost.Well this is if you believe the sales people or customer relations who will call you.
First off should you purchase the Winning in the Cash Flow Business CD in the first place? The course if you wish to go on it and learn more about note selling will be offered to you at several thousands of dollars!
As you are obviously searching for information on the product offered by Russ Dalbey , so will be asking the question should you purchase the product?
In my opinion you would be wise to be conducting research on your own, you will garner more knowledge on selling notes, and you may pick up a few contacts on the way.
Winning 2011 is certainly not for people who are after making money quickly with virtually no cash outlay. Selling notes is hard, it is competitive and you will in more cases than not, need to have some cash outlay. the program is certainly not one for those who are currently unemployed without a cash flow, you should keep hold of that $39.99 plus handling and use it for your bills or finding work in you locality – this is a far more productive way of gaining work. If you wish to try note selling, then do so, but when you have a few thousand dollars to invest.
If you are really really really lucky then you could find a note seller who will employ you, but you will need to have some note selling skills for sure.
The simplest way to explain note selling is below:
1. You find a note being sold by the seller who is desperate to sell, in this case a house at $250,000. If you can find a purchaser for the property quickly you could draw up a contract between you and the seller for you as the sole agent acting on behalf of the seller.
2. You negotiate a minimum note value that the seller will receive, in this case we will say that is $220,000
3. You sell the property to another investor or buyer, at $220,000.
4. You pay your costs in the sale if any and you make between $25,000 and $30,000 profit.
Now if it all was this easy then we all would be going out buying and selling notes, it very rarely is that simple, and buyers can be notoriously difficult to find, especially during these economically bad times in America.
For some people it can be a profitable business, for the rest it is a waste of time and money purchasing information from an infomercial. It is not a scam, but you should be aware that it is a cut-throat business that is not currently performing like it did many years ago, and it is going to cost you a lot of money to become good at note selling.
Good luck in you quest to make money for whatever you need, but do not give up any search for regular employment, or your job just yet for Russ Dalbey’s Winning in the Cash Flow Business, or Winning-2011.com.