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I see it on TV, info Mercial at night. I know that you can buy properties very tax sales, but has anyone had experience with john Beck, either good or bad?

2007-09-19 22:22:55 · 3 answers · asked by Anonymous in Business & Finance Renting & Real Estate

3 answers

John Beck makes a ton of money flogging his "system" to clueless rubes. If it was such a great way to make money, he'd be doing it himself (and keeping any "tricks of the trade" to himself) not selling a worthless "system" on how to do it.

FYI, very few properties that go to tax auction are more than junkers that need to be pulled down. Read all of the small print disclaimers on the bottom of the screen. "Results not typical" means that most folks will NOT make any real money.

Capture the infomercial on a DVR and step through frame-by-frame and read all of the fine print that flashes across the screen. Do that (I have) and you wouldn't want to give the jerkoff a DIME!

2007-09-19 22:39:13 · answer #1 · answered by Bostonian In MO 7 · 2 0

I was really interested in buying his course until I researched tax liens online. What they don't tell you on the infomercial is that you don't get the property right away, you get the lien and have to hold it for up to 3 years. Then if the property owner does not pay what is owed, then you get the property for the taxes and penaties owed. However if they do pay what is owed you get back your money and interest of around 15-36 % per year. So you decided if that is something you want to do, but do your reasearch on the web.

also try looking at your state or county property tax commissioners web site for info on tax sales

2007-09-20 02:58:25 · answer #2 · answered by ? 1 · 5 0

hi, those structures make the vendor of the equipment rich. I even have 4 very super apartment properties and you will't purchase something without some form of financing, and that the two calls for a private loan or mark downs. i've got under no circumstances been in a position to purchase something without funds down. it continually calls for capital. those structures do no longer word to the housing marketplace in Vermont. i've got owned seven properties in my existence and all required funds down. don't get suckered in to the hype.

2016-12-26 19:21:03 · answer #3 · answered by ? 4 · 0 0

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