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The Truth about Robert Shemin: Real Estate Scam or Legit?

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Can you “Get Rich” with Robert Shemin: A Look at His Books, Background, and More


 

What’s Up guys? Today I’m doing a review on an individual who I am a bit neutral on, but I def have a some respect for.

Let’s call it Shemin Wealth

it’s a bit like…can you be Trump Rich?

That’s not to say that I’m going to drop everything and go read every publication he has especially in light of the fact that current info is a bit challenging to come by.  But I want us set up this review as respectful and acknowledge Robert Shemin for his accomplishments.

When I learned that he had a background with Goldman Sachs, I was pretty impressed. Why?

If you read my story then you would know that I ignored a book that I saw on a book store shelf while I was walking through an airport.  I picked it up, thumbed through it and said aaah, what does he know.

I believe if I would have heeded the words in that book, it would’ve saved me from a huge financial hit that would take me many years to recover from. It was written by a guy named Jon Talbott.

Feel free to look him up. At the time, I never suspected that years later I would end up hiring Jon to be a personal Financial advisor.

He too work for Goldman Sachs and was one of the smartest men I have ever had the pleasure of interacting with.

In the same vein, I decided to ditch my efforts in real estate investing (at least that’s my primary vehicle)

Why?<

-Enter James,

Take the next 3 min. 02 sec and eliminate all distractions. The video explains everything.

Once you review it, feel free to review the critique I offer down below.  I will also put a couple of vids for you to review at the end of this review.

< Sorry I'm reworking my video. In the meantime check out our Apply for a video from James.
Did you watch the video to the end?

Perfect.

Check out the review I prepared for ya. I hope it helps you in any of your future endeavors.

Robert Shemin a Successful Real Estate Investor’s Bio, Net Worth and Wiki

The objective of this review on Robert Shemin is to give you a little insight into who he is and whether his publications are right for you.

Robert Shemin studied law and received a Masters in business administration from Emory university.

CNN, USA today, TIME Magazine have mentioned Robert Shemin.

With a solid background in law and investing from his involvement at Goldman Sachs, he purchase his first property when he was 26 years old. He expanded his property ownership to 170 properties within six short years.  At 32 he was a millionaire. Some may have argued that he would never be able to obtain these type of credentials seeing that he was noted to have had a learning disability when he was younger.

This experience in real estate investing catapulted him into becoming an author. You can read more about the books that he’s written below but suffice it to say that this pushed his career into mainstream as he was interviewed on television channels like FOXNews and CNN.

He has even fielded a call in questions from large audiences.

He’s been listed as one of the New York Times bestsellers. He is also been noted by Boston Globe that he offers a well balanced approach too well and a positive state of mind.

These days he offers himself as a resource to individuals who would like to learn how to begin a career in real estate investing.

He comes off charismatic, witty and well-versed.

Can you be Shemin Wealthy?

Does he have the goods?

Maybe…. I mean…. I believe so. There is certainly no possible way for him to achieve the accolades that he is gotten without offering quite a bit mental fortitude. With such things as walk working for Goldman Sachs and his background, it becomes clear that he knows how to run with thoroughbreds.

Robert Shemin claims to be one of the nation’s most sought after real estate and financial market forecasters today.  But some of my research especially independent reviews seem to argue with this.

Career moves and experiences have made him successful and at least a moderately sought after real estate and financial guru like Preston Ely.

He is considers himself to be a wealth creation expert, which I wouldn’t argue against.  He can certainly do that well. He is often booked as a keynote speaker with Russ Whitney like Charisma and claims to have been rated highly crowds as large as 55,000.

Robert has been Sited by many top-notch sources.

Hey write up on amazon.com indicates that Robert has completed over 1000 real estate transactions.

With a charismatic presence only common in some of the nation’s top motivational speakers, Robert seems to have the uncanny knack of lighting up a room.

He seems to have one goal in mind which is Financial emancipation of the common Man.

What are his claims to fame?

  • He’s an attorney with an MBA
  • Author of 16 “best sellers” (New York Times)
  • Philanthropist and Charitable Giver
  • Motivational Speaker

Products and Resources

Although there’s material online that touts Shemin as a real estate investor guru, with seminars, CDs, courses and books that have helped masses of newbie investors become millionaires, I’m actually not finding any current seminar/workshop offerings. Nor can I find any home-study courses.

Shemin’s website, RobertShemin.com, is just a placeholding page with no content.

Shemin definitely has been a major player as I’ve discussed above, but there’s also been some negative chatter on gripe sites about him. Here are a few. These were posted on MrLandlord.com.

If you want to keep your hard earned cash, don’t fall for this slick meister’s REI courses or books. He is part of the con-game that makes real estate investors look bad. You have been warned. (2012)

And this one:

Ironic, my first book I ever bought that got me started in RE was Robert Shemin’s “Secrets of a Millionaire LL.” My only complaint about his stuff is that its all the same old basics, repackaged, with a few of his own weird–some might say dubious–ideas.
Nothing he says is “Wrong” per se, just not as easy as he makes it seem. Also, while he does admit that he was an investment portfolio manager in page 1 or 2, he doesn’t really talk about building up (boot strapping) from the position most folks start from–little/no cash and very little investment savvy.   –Sid (MO), 2012

Shemin’s YouTube channel hasn’t seen much activity in quite a few years. Seven years ago he posted prolifically on topics that included wealth building, entrepreneurialship, real estate investing, and the like. He attracted quite a few viewers. However he does not have a current active presence.

Shemin has authored and co-authored numerous books which are available on Amazon. His co-authored books are the most recently released (Living the Significant Life: 12 Principles for Making a Difference; 2012; with Peter Hirsch; and The Magic of High-Quality Questions: A Recipe for Success in Business, in Relationships, in Life; 2011; with Hugh O. Stewart.)

Volumes that he wrote alone date back to 2011. He has written a bunch, though. Here’s a few:

  • AARP: The Seven Secrets of the Money Masters, 2011
  • How Come That Idiot’s Rich and I’m Not? 2009
  • Successful Real Estate Investing: How to Avoid the 75 Most Costly Mistakes That Every Investor Makes, 2003
  • Renter’s Rights Handbook: Know Your Rights, 1997
  • Honest Profits: Your Hands-on Guide to Successful Real Estate Investing, 1996
  • Secrets of a Millionaire Real Estate Investor
  • Secrets of Buying and Selling Real Estate…Without Using Your Own Money! 2003
  • Making Money in Real Estate: A Smarter Approach to Real Estate Investing, 2004

Many of these books are now available starting at one penny, if you purchase them used from affiliate Amazon sellers.

I always check out my reviewees on watchdog and complaint sites, such as the Better Business Bureau, RipOffReport and PissedConsumer.com.

There is no report, positive or negative, on the Better Business Bureau.

RipOffReport.com is a different story. There are at least 17 comlpaints against Robert Shemin registered there, filed between 2003 and 2012.

An additional complaint was filed in April 2015 again Peak Potentials/New Peaks, with several names listed in association with the company–Shemin being one–that puts on expensive seminar events.

Here’s portions of one complaint posted on RipOffin 2012:

I attended an introductory seminar for real estate investing, in which they sold a 3 day program, for approx. $3,000.00. During this program, I was introduced to several other programs, more advanced.  They had a signup desk where they sold me the other two programs (tax liens for approx. $1,000 and boots-on-the-ground program which cost approx. $14,000.00.

The program included assigning me a mentor, who told me at some point, that the market in California would not allow the process work as they instructed, as all deals were being handled cash-only.  I made no deals during the 12 months, and even longer. They refused to return my money, stating that they had no control over the economy. — David, Orinda, CA, 2012

To summarize, it looks like Shemin was a going concern for a while as a headliner for his own real estate investing educational show, and that he brought to that a wealth of knowledge and experience. It appears, though, that he may be going a different direction now. It’s hard to tell why, although the negative investor training reviews from just a few years ago give me pause.

If you are looking into real estate investing courses or seminars by Shemin, you may come up dry. You might find him participating in events where he is one of a number of speakers. Wherever you find him, do your research well.

It looks like he has a lot to offer in the way of books (watch for outdated information, though), but I’d be careful about purchasing high-cost programs of which he’s a part. Just basing this on the high amount of negative reviews on RipOffReport.

Do your homework. And good luck!


References for this article:

  • https://en.wikipedia.org/wiki/Robert_Shemin
  • https://www.biggerpockets.com/forums/79/topics/91464-robert-shemin
  • http://www.mrlandlord.com/landlordforum/display.php?id=14042478
  • http://www.scamsgalore.com/robert-shemin.html
  • http://www.amazon.com/Robert-Shemin/e/B001IQXGIS/ref=dp_byline_cont_book_1

About the author: I give real estate investors a quick connect to what they really want and often introduce them to new material that gives them insight into what keeps them from getting the results they hoped for when they got started.