Monica Main's Apartment Building Cash Flow System -- The Challenge

Monica Main’s Apartment Building Cash Flow System — The Challenge

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I recently came across Monica Main’s Apartment Building Cash Flow System.

Invest in Apartment Buildings Without Using Cash or Credit

There were a few things about her program that are significantly different from the other real estate programs I’ve reviewed over the past few years.

Monica lives in Southern California, and her most recent deals (as listed on her website) are also in Southern California. Nearly every other real estate gurus focus on investing in states like Ohio and Texas, where it’s easier to find cheaper real estate. That’s fine, but what if you live in a state where real estate is still expensive? And what if you want your first couple of deals to be near where you live? I’ve spoken to a lot of would-be investors who just want to get that first deal or two done. They need to build up that confidence. Once the confidence is there, it’s easier, psychologically, to invest in other states. It’s easier to let go and let your local property management companies do their job. But until you get to that point, sometimes it’s better to invest in familiar areas.
I did a little research about Monica’s company, and I recognize the street — McBean Parkway in Valencia, which is just a few miles from where I grew up.
Monica teaches a method where you get the seller to carry back a second mortgage. She provides a list of brokers who don’t mind working with a second mortgage. There are many ways of getting financing to buy real estate, and many of the other programs I’ve looked at suggest taking out a HELOC or getting a second mortgage on your own home. I’ve never seen any of the other gurus offer a list of specialized brokers. I think that’s a much better answer to the question “Where will I get the money?” than “Take it out of your house.”
If you’ve looked at other programs, you know that pretty much every program available runs about $1000. Monica charges $97.
Every other real estate program I’ve looked at comes with a 30-day guarantee. When you’ve got a job, kids, or something else going on in your life, it’s often hard to not only read through an entire course, but also to implement it fast enough to see if you can get it to work within 30 days. Monica offers a 60-day guarantee. She also protects herself from the kind of people who think that it’s okay to buy something, use it, and return it for a refund. If you ask for a refund, you’ll surely get it (she uses Clickbank, a third party payment processor), but she’ll also remove your name from the lists she provides to her specialist brokers.
Most of the other programs I looked out haven’t been updated for our “economic crisis.” Monica has just released a 2010 version of her course.

Invest in Apartment Buildings Without Using Cash or Credit

I was pretty impressed by how Monica stood apart from the competition. But I was soon to be disappointed.

I began trying to find reviews of Monica’s program. Most of the reviews I found centered around a case of mistaken identity — someone else with Monica’s name had gotten into trouble with the law.

Person Who Filed Complaint Isn’t Even a Customer!
This person who filed the complaint isn’t even a customer. We tried looking him up in the database and he simply doesn’t exist. He never purchased any products or services from our company, Inom Inc. There is no “Joe” who has ever purchased anything from us in Los Angeles, California. There isn’t even a Joseph in our database. Too bad he’s too much of a coward to use his full name.

Next, the link he is falsely sending people to is for someone else. Monica’s real name is Monica Summers-Main and not the person in the link. I actually looked at Monica’s birth certificate once when she was preparing her paperwork for a passport so I know for a fact that this is her legal name. She’s also never been convicted of anything either. I’ve worked for Monica for 11 years, day in and day out, and I think I would have noticed if she went to jail for any given time.

Third, Monica isn’t into commodity trading. She trades stocks and ETFs but doesn’t have anything to do with commodities.

I also asked Monica about the company “Gemancer” this non-customer put into his complaint and she wasn’t the owner of that company either.

It seems that this guys has gotten his facts mixed up and probably ordered some product or service from someone else and is unfairly mixing Monica up with it.

It’s too bad that the Rip Off Report lets anybody post anything whether it’s true or false. A lot of innocent people and companies can get a damaged reputation from such negligence on their part.

Pamela Bell
Office Manager
Inom, Inc.

All of the “reviewers” discussed their feelings about the kind of person they felt Monica was, or they wrote briefly about why it’s such a good idea to buy apartment buildings, but it seemed like nobody who wrote a “review” actually purchased or tried Monica’s program!

I thought it would be nice to be the first reviewer to actually purchase and use Monica’s system. And, as a service to you, I’ll give regular updates on my progress, successes, and failures.

So the first thing that I did is I went to this site: