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Updated 5 months ago, 07/22/2024
US Tax Lien Association solid training?
Hello,
Has any one taken the 3 day course $1497.00 with US Tax Lien Association? Is it worth it and is it reputable?
First timer here and first post. I've learned so much from all of you, much obliged for all your wisdom. Much love.
I have been part of USTLA and felt they had very good training and tips. I would sit in on the mentor protege calls on a weekly basis. I went to their weekend training, but seemed like the networking with others in the class was more useful. In the end there was a pitch to sign up for their self directed 401k program. I found out who did it for them and the cost was 1/4 what they charged at the workshop.
They also offered a deal, but I didn't feel ready . That was a few years ago, before I found Bigger Pockets. I feel like I can find all the networking and education here without the selling and classes teaching one strategy.
I appreciate the insight based on your experience with them Nichole. I will def. consider it, and may not pay to go to their 3 day seminar when I could gather info with like minded people like you.
@Arthur J. Encinas welcome to BP. There have been some other threads about the US Tax Lien Association here. A search may pull them up. I have no personal experience with them but I am skeptical. One of their coaches that did follow up coaching was someone with very modest experience and often called me for advice.
@Ned Carey, I appreicate the welcome. thank you for that info. It does seem kind of fishy for a coach to lack that knowledge.
Can anyone please recommend some legitimate tax lien training?
Like some of the others on this thread, I am new to Tax Lien investing and recently found the US Tax Lien Association as well. When a representative called me, he told me that for $1495.00 I would get all of the training I would ever need to start making very lucrative deals. He said all of my questions would be answered, and I would have a year's worth of phone support and mentoring if I needed it. THEN, I looked them up on the BBB and found they had some serious complaints, with one person planning to sue. Some other reviews claim that in fact they didn't get all the answers for their $1495.00 training and that USTLA was trying to high pressure sell them on a elite package between 25-33K, in order to get those answers. Now I'm too spooked to sign up with them. I am serious about doing some investing, and hope to find a solution I can trust. Thoughts anyone?
@Jodi Adams I see it is your first post so welcome to BP.
I am not sure there is a legitimate tax sale trainer that is a national player. The laws vary so much from state to state that it would be almost impossible for an organization to know it to the degree the people you are competing against do. I still see tax sale trainers quoting a rate in MD that is higher than any I have seen in the 15 years I have done this.
A novice tax lien investor I had advised came to me one time and mentioned he worked for one of the national tax sale trainers. (maybe USTLA, I don' remember specifically) He had to come to me for advice and yet was training others.
I took a tax sale attorney to breakfast and he told me all that I felt I needed to get started. That was 15 years ago. I was at his office today for a property settlement. I would try to find someone local to where you want to invest and learn what you can. Instead of $1500 in training you could buy some liens and consider the $1500 you are saving as a cushion for losses.
- CPA delivering RE Tax Tools: 1031 Exchange, SDIRA, 401(k), Cost Seg
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@Arthur J. Encinas @Jodi Adams
I'm familiar with some players in the space and would be glad to discuss and share info. (Please don't construe any contact info I provide as an "endorsement" or "recommendation.")
Regarding the company your inquiring about, I've come across the following links - for whatever their worth (they may or may not be reliable):
- https://getoutofdebt.org/46215/saen-higgins-switch...
- https://getoutofdebt.org/36930/are-wealth-without-risk-informercials-an-extension-of-john-beck-tax-lien-systems-challenged-by-ftc
It's unfortunate that there is often an inverse relationship between (a) the amount of marketing an education/guru company does and (b) the actual value of the services provided.
The initial sale made by such companies are really part of getting unsuspecting consumers into a sales funnel that leads to selling the consumer an education course for $10,000's. Beware.
Best of luck!
Bernard,
I appreciate the info and Links Sir.
I will check them out. TK
Art
Just attended a local USTLA three-day training last week. Although I did learn a little and met some awesome folks I feel as though I learned more from this website and other free resources on the internet than I did from what I found to be an outdated home study course and this extremely high-level Three Day Seminar.
The seminar I found to be 10% focused on education and 90% focused on selling the coaching programs that are designed and intended to guide the recipient to earn in upwards of $100k/ per annum in investing. Did not sign up for any of the coaching so can't speak to the effectiveness but at this time I feel as though the path I am taking to be the most profitable.
Trust you have made a decision by now and wish you all the best.
I never really care about complaints people have like many have with companies cause anybody can threaten to sue etc doesn't mean they would win.
When I first started in realestate I knew alot before I got on just felt maybe I could do better..I went to a 3 day training very very cheap, upsell is what gets people. They had a tax lien book for $100 bucks it was online course they gave book too, show where to get liens even was connected with every city tax lien etc. Later I went to a ustla seminar just to check it out . told friend who bought into it he buys all the stuff lol, he let me go with him to 3 day training.They really didn't do anything different than what learned for $100 I spent with other company. They like many realize most need their hand held etc. He came across some liens, however, got out bid every time and besides didn't have much money anyway like most . I feel it could be more beneficial if people found the liens and they funded it etc. Win win
I signed up for the 3 day training then went back online to change the time , I couldn't. They had 3 customer service numbers none was available the day of the event. Most of time the day of the event customer service people are available to answer questions, especially if somebody is going to pay money for their program. They said office hours m-f. What good is it going to do for them to call back on a monday if the event is on a saturday.I did all this to test their customer service, little things you can do to see how a company operates if they may try and scam. They failed, worse I have seen. I have never complained about a guru company until this one
Quote from @Nichole Ovens:
I have been part of USTLA and felt they had very good training and tips. I would sit in on the mentor protege calls on a weekly basis. I went to their weekend training, but seemed like the networking with others in the class was more useful. In the end there was a pitch to sign up for their self directed 401k program. I found out who did it for them and the cost was 1/4 what they charged at the workshop.
They also offered a deal, but I didn't feel ready . That was a few years ago, before I found Bigger Pockets. I feel like I can find all the networking and education here without the selling and classes teaching one strategy.
Who was the third party company that specialized in investing the 401ks?
