Is Michael Tan a scam? Should you join his Millionaire Masterplan Club?
There are many gurus who make unrealistic claims or promises on the internet. So it’s important to do some research first before investing your hard-earned money.
To help you make a more informed decision, I’ve done thorough research about Michael Tan in the past few weeks.
As a disclaimer, I’m NOT affiliated with Michael Tan, so you can be sure that my words are unbiased.
In this review of Michael Tan and his training programs, I will cover the following:
- What is Michael Tan?
- What is Freemen Education?
- What is the Millionaire Masterplan Club?
- Is Michael Tan a Scam?
- Is there an easier and better alternative to make more passive income?
What is Michael Tan?
Michael Tan is a real estate investor, entrepreneur and business coach in Asia. He founded Freemen Education and provided a lot of online training to help people make money in property investment.
He claims to make millions through investing in properties during the market downturn in 2008/09.
During the 2008/09 sub-prime crisis, a lot of people lost their jobs but Michael Tan was able to buy 7 properties in less than 1 year.
Those properties generated positive cash flow for Michael Tan, which pays off the instalments.
After having success in property investment, Michael Tan claims to have developed the best-selling property system called the “No Money Down Program Series”. He shares how to buy properties with no money down in the sub-sale market.
He predicts that there will be another market crash coming soon, which he believes is another golden opportunity to invest in the property market.
What is Freemen Education?
Freemen Education was founded by Michael Tan in 2013, which provides training on property investment.
Here’s the company information:
On its official website, it claims to have helped 3786 people in 4 countries, Malaysia, Thailand, Hong and Cambodia, to buy properties worth more than RM338 million (around USD 81M) in just 3 months. That is unbelievable.
One thing that makes me feel doubtful is that while Freemen Education makes so much money, its official website seems to look outdated.
If you go to the official website, you will find that it has not been updated since 2017. And when you go to the program and events, all the links are broken links already. This makes people feel suspicious about the company.
However, Freemen Education’s Facebook Page has been updating all the time. It has around 22K followers at the time of writing, which is quite good.
What is the Millionaire Masterplan Club?
The Millionaire Masterplan Club is an online program which teaches you property investment.
If you join the Millionaire Masterplan Club, you can expect to learn from Michael Tan how to do property investment with no money down.
Inside the program, there are 3 hours of live private zoom sessions. You will also get access to the private Facebook group where you can ask questions and interact with other property investors.
Michael Tan will also give you the 6 steps masterplan templates that give you the blueprint for doing property investment.
Moreover, you will get 10 tips to identify property hotspots and a checklist so that you know how to evaluate and dig out the great investment opportunities.
Given the huge value that Michael Tan claims to deliver, it’s a surprise that there is a 98% discount to join the Millionaire Masterplan Club. This is probably the largest discount I have ever seen.
You may wonder why Michael Tan shares such valuable information for a cheap price. The reason is that there would be upsells afterwards.
Is Michael Tan a Scam?
There is no sufficient evidence to show that Michael Tan is a scam.
However, when doing research, I found one bad review about Michael Tan’s live webinar, which complained that the quality of training was very poor and the seminar was conducted by Michael Tan’s assistant instead of Michael Tan. There’s no way to verify the authenticity of this review though.
Anyway, if you want to make more passive income by investing in properties, I wouldn’t recommend that.
The reason is that although it sounds a good idea to invest money in real estate, the ROI (returns on investment) for property investing has decreased over the years.
Besides, property investing requires a lot of initial capital and it takes a long time to pay off the mortgage loan.
You might be forced to cut your budget on most leisure activities such as travelling to make the end meets.
It’s as risky as stock trading when a lot of your money is locked in the land which has an extremely low liquidity. In case you need an emergency fund, you’ll be in big trouble.
Many people like doing property investment to generate passive income for retirement, but that’s not a good idea because of the risk involved.
If you don’t want to bear risk, there is a better alternative to make passive income for retirement.
In recent years, the world has undergone a massive change due to the Internet, which has created a lot of opportunities to make money online
While the real estate market is volatile and might rise or fall in value, a digital asset can always give you stable cash flow and it only takes 1-2 years to build a sustainable online business.
In the next section, I will introduce you to the best online business model to start today.
Is There an Easier and Better Alternative to Make Passive Income?
If you really want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online instead.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.