Springboard To Wealth and Thach Real Estate Group was founded by Thach Nguyen, who also serves as the company’s chief executive officer. One hundred twenty investment homes provide well over $100,000 per month in his passive income.
His most recent Facebook ad offers a free training video. You’ll learn how to own ten rental homes in five years, escape the rat race, identify excellent bargains in your neighborhood throughout any economic cycle, and analyze deals and other topics.
Can you trust this guy? Or is he another scam?
Springboard To Wealth is a course that teaches you about real estate investing.
If you’ve read my other articles on real estate investing, you’ll know there are 3 primary ways to invest:
Wholesaling, buy-and-hold, and flipping.
While each has pros and cons, there is a ton of potential for success in investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
Is now the best time for YOU to get into real estate investing?
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like::
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what Springboard To Wealth looks like on the inside, keep reading.
Who Is Thach Nguyen?
Thach Nguyen is the “boss” at Springboard to Wealth as CEO and founder of Thach Real Estate Group.
He has worked in the real estate business for almost 27 years. During that time, he built over 300 single-family and multifamily dwellings and completed over 100 house flips.
His life was not always easy until he became the multi-millionaire he is today. He had previously been a refugee, together with his parents, four brothers, and sister, in 1975. And according to his own narrative, they were homeless at the time.
Today, his real estate success is undeniable. He currently owns over a hundred and twenty investment properties that earn over a hundred thousand dollars in net passive income every month.
And he thinks that by taking his course, you will be able to excel in real estate just as he did.
What Is Springboard To Wealth?
If you’re interested in learning more about real estate, you may start with Springboard To Wealth, a real estate training school that provides teaching materials to anybody who requests them. Its goal is to provide prospective real estate investors with the knowledge, resources, and live coaching call they’ll need to make smart investment decisions.
According to the promotional brochures, you will enroll in this online program and be a successful landlord after ten years. As the saying goes, renting out these properties may earn a steady stream of passive income.
Among the many things, you’ll learn how to spot the best real estate deals in your area and evaluate them thoroughly.
Springboard To Wealth results from its creator’s broad real estate experience, both good and negative. Thus, this course is appropriate for anybody who wants to try their hand at real estate investment.
While investing in real estate might be a terrific, high-profit business concept, you should be aware of the expenditures involved. Even with this or any other online school, you’d still need to put up with a tough effort and a hefty investment to get started and achieve financial freedom.
And if you can handle the predicted workload, you may also develop a system that allows you to make money directly. Something that simply requires a little initial expenditure to get started.
How Much Is Thach Nguyen Course?
The initial cost of participating in the Springboard To Wealth program is $6,000. Following registration, you will get an email with your login and password, allowing you to access your first live coaching call immediately.
Is Real Estate Suitable For Everyone?
In this evaluation section, I’ll explain why I feel real estate may not be ideal for everyone.
Buying and selling real estate is not an easy undertaking. You must evaluate deals. You cannot opt to work in real estate for excitement. Making business choices in the real estate industry is a significant matter. It’s a major problem, even if it helps build generational wealth.
To succeed in real estate, you need a lot of cash. It might be better to look into starting anything else if you don’t have enough money for this one. Investors in real estate know all too well that property is seldom cheap.
Because we are now in a pandemic condition, things are only getting worse. Most individuals cannot consider purchasing a new house or relocating to a different area for whatever reason. Obviously, the first thing they’ll consider is purchasing their essentials.
Yes, after the pandemic has passed, real estate sales may increase. However, it will only be in very particular areas.
In summary, if you want to earn a lot of money in real estate, you’ll have to put in a lot of effort, particularly now that there are low Google searches for rental properties.
Are There Alternatives To Springboard To Wealth?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Springboard To Wealth A Scam?
So, time for the $1,000,000 question – is Springboard To Wealth a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done upfront & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation In Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL-TIME JOB. If you stop finding deals, your money dries up.
Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities like Springboard To Wealth, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.