College University
The Nouveau Riche University is an unlicensed vocational school which specializes in real estate investing. The class topics that are offered at Nouveau Riche range from introductory real estate investing to superior techniques like creative real estate investing techniques. They also include multi units, wholesaling and short sales. The company declares that the revenues would be above $80 million in 2007 and have received revenue from the tutorials and the commissions earned on sold properties by company investors and fees from the associated companies. The Nouveau Riche Company markets their courses through free seminars that use various methods like the multi level marketing which the company states they don’t use. The courses at Nouveau Riche University are marked through free seminars and through the sales solicitations from current students which is followed by a certified procedure. The one or two day seminars include a conversion rate of nearly 10 percent for paying students. There are also a number of companies that are associated with Nouveau Riche which includes Save Our Score which is specialized to help high risk borrowers to improve their credit scores without any charges. The Nouveau Riche University has certified a number of students at different locations in the United States.