Are you looking for a review of Springboard To Wealth? Is it a scam?
Springboard To Wealth was founded by Thach Nguyen, who also serves as CEO of the company and founder of Thach Real Estate Group.
He’s raking in over 100k in passive income every month from his 200 investment properties.
You can check out his latest Facebook ad featuring a free instructional video. It’ll show you how to buy ten rental properties in five years, say goodbye to your 9-to-5 job, find amazing deals no matter what the economy is like, and analyze listings like a pro.
Do you think he’s trustworthy? Is he a scammer?
In this review, I’m going to tell you everything about it.
As a disclaimer, I’m not affiliated with Thach Nguyen, meaning I’m not paid to write this review. So you can be sure that my words are unbiased.
Table of Contents
What Is Springboard To Wealth?
Want to become a pro in the real estate game? Springboard To Wealth has got you covered. They’ll teach you everything you need to know to become a successful real estate investor.
According to their website, you can even become a landlord in as little as ten years. Imagine earning a steady stream of passive income by renting out your properties.
But it’s not just about becoming a landlord. The course also covers finding the best deals in your area, learning how to value properties, and more.
Plus, the creator of Springboard To Wealth has plenty of experience in the industry – both the good and the bad. So if you’ve been thinking about trying your hand at real estate, this course might be just what you need.
Just keep in mind that real estate investing can be lucrative, but it also comes with costs. This course, or any online course for that matter, won’t eliminate the hard work or expensive start-up costs involved.
Who Is Thach Nguyen?
Thach Nguyen is the man behind Springboard to Wealth and the CEO of Thach Real Estate Group. He’s been a real estate agent for almost 27 years and has built hundreds of homes and closed tons of home sales.
But it wasn’t always easy for Thach – in 1975, he and his family had to flee as refugees and they were even couch surfing at one point.
Despite this, Thach has managed to achieve incredible success in the real estate industry and now has over one hundred thousand dollars in monthly passive income from his 200 investment properties.
He created this course so that you can follow in his footsteps and achieve similar success in real estate.
What’s Inside Springboard To Wealth?
Springboard To Wealth is a program that teaches you about real estate investing. It’s made up of 11 modules that will give you a solid understanding of how to find and negotiate great deals in your area. You’ll be making a lot of calls as part of the program, but don’t worry – the training you’ll get will set you up for success.
Plus, the program is constantly updated to stay current, so you can be sure the information you’re learning is always relevant. You’ll also get access to a bunch of helpful resources like scripts, templates, and contracts that you can use in your own investing. The best part, though, is the coaching and community aspect.
You’ll get to join weekly live calls with the program’s founder, Thach, and connect with other students in an exclusive Facebook group.
That sounds like a pretty sweet deal, right? Read on to find out if the program can deliver its promise.
How Much Does Springboard Cost?
So, if you want to join the Springboard to Wealth program, it’ll cost you $6,000.
As soon as you sign up, you’ll get a username and password that’ll give you access to your email and the live coaching calls.
- This curriculum offers a thorough education in real estate.
- Participating in live coaching calls can be very beneficial.
- Thach Nguyen is a highly professional instructor, and his team of trainers is also known for their reliability.
- The community of students is very supportive and collaborative.
Cons & Complaints
- Lack of significant success stories from students.
- The program comes with a steep price tag of $5,000.
- Real estate investment risks are rarely discussed
- Many of the lessons and training offered in the program can be found in other, less expensive real estate resources such as books.
Is Springboard To Wealth A Scam or Legit?
The Springboard To Wealth program is definitely not a scam. It’s run by someone with a great reputation and a proven track record. It seems like most people who have taken the course have been happy with it overall.
Now, the thing is, investing in real estate can be expensive. It usually takes a decent amount of money to get started. So, this course might not be the best fit for people who are just starting out or who don’t have a lot of cash to invest.
In addition, real estate investments are influenced by a variety of factors that can cause you to lose money if you do not pay attention to them.
I’ve noticed that some folks who have taken this course are a little hesitant to share their results. And I don’t know if anyone has ever been unhappy with what they’ve gotten out of it.
But one thing to keep in mind is that real estate can be pretty expensive, which is why I wouldn’t say this course is a surefire way to make money online.
It’s no secret that you need some serious cash to get into the real estate game.
Overall, this course isn’t for everyone, especially if you’re just starting out.
Is Real Estate For Everyone?
I don’t think everyone should get into real estate and the course may not be for everyone.
It’s not easy to buy or sell real estate. The decision to become a real estate investor cannot be taken on a whim. Prior to making a judgment about a real estate project, think things through carefully.
In order to succeed in the real estate business, you’ll need money. If you cannot finance your business, find another one. The cost of real estate is prohibitive.
Now that the FED is raising the interest rates, the problem will only worsen. Most people aren’t even considering moving or buying a new home due to the current economic climate.
At the moment, the top priority is to meet their basic needs.
Once the inflation returns to around 2%, real estate sales may increase. In any case, it may take another year before 2024 for this to happen.
Anyone who wants to be successful in the real estate business today and earn a lot of money has to work extremely hard.
When you’re looking for and closing solid real estate deals, you must also cold call potential sellers. If you’re a good salesperson, this shouldn’t be a problem.
If you are an introvert, however, you might find this profession difficult.
If you’re really interested in learning more about real estate investing before purchasing this expensive program, you can check out our guide on the subject. It covers the basics of how real estate investing works and can help you decide if it’s right for you.
Springboard To Wealth Review: Final Verdict
The course material offered by Springboard To Wealth is not particularly innovative or unique.
Additionally, it is doubtful that the cost of this program will be recovered in a short amount of time. Using a loan or credit to finance this program may also pose challenges.
If you are genuinely interested in earning money online, I have an alternative suggestion that may be more beneficial for you.
Allow me to provide more information in the following section.
Best Alternative To Springboard To Wealth
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
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.