John BeckThe Good: John Beck sells his "basic" program for $39.95. It covers real estate tax lien investing, which can be lucrative if done properly. Mr. Beck claims to be somewhat an authority on tax lien certificates. But...there is a lot Mr. Beck does not tell you in his spiel. The Bad: Once you order, he charges your card an additional $39.95 every month thereafter. Some of his customers have posted complaints on the Internet and elsewhere to indicate Mr. Beck's program is shy on enough details to make it work for many people. To overcome that little "oversight", John Beck charges several thousand dollars for his consulting. A VERY steep price, indeed. Anyone with that kind of money lying around probably does not need John Beck. Moreover, the "backbone" of Mr. Beck's program - tax liens - is not the "fast lane to wealth" that Mr. Beck would have you believe. Sure, tax liens are one tool in the investor's toolkit, and is included in detail in "The Simple Man's Guide to Real Estate"®, by IntelliBiz, but it is not a "stand-alone" strategy for generating wealth or providing ownership of property. For more details on tax liens, certificates and sales and info on how they are covered in "The Simple Man's Guide to Real Estate", look here. Tax Lien investing is not all that complicated - it certainly does not require thousands of dollars in mentoring - but there are some important points Mr. Beck does not mention in his late night spiel. Rarely does the tax lien investor ever end up owning the property in question. And it requires tying up your cash for up to 3 years (the owner of the property has a "redemption period" of up to 3 years, during which time you can do nothing with the property). There are other concerns, but we think you get the point. NOTE: It has been implied by many that some real estate "gurus" like Mr. Beck farm out their mentoring (which is very expensive) to third party companies like PMG, PMI and "Mentoring of America. These companies are to be avoided at all costs. Some have been known to drain credit card balances, and provide little, if any, mentoring of any value. If you are truly interested in really learning how to make money in tax liens and ALL legitimate methods of investing in real estate, and want to pay under $70 complete (no expensive "back-end" items to purchase) and receive the benefit of free, unlimited coaching from in-house members of their own investor group (actual, practicing investors), "The Simple Man's Guide to Real Estate"®, is worth considering. Their personal coaches are actual, practicing investors who volunteer on a non-profit basis to help others. It is the only low cost program that provides free, unlimited coaching from actual investors. And their "Read it Even Before You Pay For It" policy means you risk nothing! It's worth a look!
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