Has anyone worked with Tardus Wealth Strategies?

[Jorge Borges]

Hello BiggerPockets members. Love his community. 

Have anyone of you hired Tardus for wealth coaching? They are the creators of the Income Snowball (i.e. Income Snowball, a system of investing in which a person can create self-sustaining passive income). I'm looking to find unbiased reviews of their service.

Thanks!

[Peter Fife]

Quote from @Jorge Borges:

Hello BiggerPockets members. Love his community. 

Have anyone of you hired Tardus for wealth coaching? They are the creators of the Income Snowball (i.e. Income Snowball, a system of investing in which a person can create self-sustaining passive income). I'm looking to find unbiased reviews of their service.

Thanks!

 Hey Jorge,

I'm a Tardus client since April of 2022 and I'll BLUF this, bottom line up front, for you. Absolutely worth it. Their fee, 5k. I'm projected to get 18% of Cash on Cash return after my first year. I'm fully committed in getting to a finical freedom date in 10 years or less. Meaning I've redirected 90% of my current retirement saving into this new way of building assets.

Now for the why. My finical journey started in Nov of 2021 when I finished reading Rich Dad Poor Dad, by Robert Kiyosaki. That changed my whole mindset on how I looked at money and what I was doing. I am your typical white collar, white male, upper middle class who works in tech. I'm a saver, which Kiyosaki calls losers. That lead me to talking to a co-worker who introduced me to CFT, Cash flow tactics.

Now I spent $500 on CFT, and I walked away from that company because the message was we've all been lied to. I felt they lean on 'fear' marketing a bit to much. Main message is the accumulation method, ie 401k, is all a lie and doesn't work. It does work, many people have retired from this method, but it takes 40+ years and its main stream and, in my opinion, what I think is the easy path. But what I walked away from CFT was 2 things. 

First CFT showed me that I can 'retire' by replacing my income in a passive manner. They are big Kiyosaki fans. They showed me the 'how' to do what Kiyosaki talked about. Where as Robert, only talked about they What. I didn't understand just from reading Rich Dad Poor Dad, on how to do what he talked about, CFT provided that education.

Secondly, I was introduced to the 'Vault' by CFT. A place to store your money where it can be safe, reduce risk, grow tax free, and be highly leverage. This Vault I come to find is also called, IBC, Infinity banking concept. Thus lead me down another rabbit whole. 

I spent a couple months reading and learning about IBC, which requires a whole life insurance policy. If you want to learn more, I would recommend the following reading: The AND Asset, and Becoming your own Banking. The first is a great intro, persuasive  book, and outlines why IBC is a good thing. Becoming your own banking, is written by the man who's credited in coming up with the Infinity Banking Concept, Nelson Nash. He dives deep into it but can be a bit dry. This gave me the understanding of how to use leverage or OPM, other peoples money. This gave me a tool to utilize, and dip into for down payments for rentals I was planning on buying. As suc in learning about this concept and understanding that I needed to replace my current income with Assets that can produce cash for me to replace my income, I become a BiggerPockets member to learn about how to buy Real Estate. 

I was planning to buy my first property in April of this year, 2022. In my education I came across a company, Rent2Retirement a turn key company. This was in March of 2022, 1 month before my deadline goal of buying a property. As such they had a YouTube podcast/video with a women named Tanisha from Tardus. I liked what I heard: A way to start building passive income to replace your current w-2 income with this thing called a Income Snowball. So I checked them out.

What I really liked was I didn't need to be sold on the concept of why to do this. But how they did it was honestly something I tried 9 years ago, becoming a lender. Where you invest and get your amortization principle and interest payments back on a monthly basis. But there is a very big difference from what I did in 2013, from what Tardus has taught me and that I'm doing now.   

In 2013 I invested in a company called Lending Tree, a peer2peer lending. Basically you invest 10k which buys you into about 300 different notes. Thus, decreasing your investment risk of a defaults because you're only putting in $25-50 per loan. But there are many other investment tools you can use. The key is Leverage and the amortization of payments coming back monthly, and/or quarterly at the latest.

For example, I'm leveraging lets say 12k from my HELOC (but once I get my IBC policy setup, I'll be using this) to put into a peer2peer lending, Prosper. This is giving me roughly $540 a month payment. This money is going back to pay back my HELOC loan. But I'm also putting in my own money to the HELOC, $2400 a month. So that's $2940 to pay back the 12k. That's going to take ~4 months. Once that is done we do it again. Giving a new monthly payment of $540 that goes back to paying off the HELOC which speeds up the process. It Snowballs on the repayments. And their 'system' the patent is the key on how/where to start and when to increase these amounts over time. Not only that, but it's this new way of thinking, they are retraining me on really how to do what I read by Kiyosaki. I just bought a car, so now how do I go about the best way utilizing these 'assets' I've bought/invested into to pay for this car? They have thought me how to go about this while continuing to snowball my way to finical freedom. And this includes buying real estate next year. After I get my base, what they call fast burning fuel (these peer2peer loans), started. Because then I'll be doing larger amounts which I can put towards down payments for homes.

Conclusion, Tardus truly gave me a way to not be overwhelmed with trying to buy 15+ rentals to get to finical freedom, but gave me a greater understanding how to put everything I was learning together. Now I'm building my initial passive income streams from an easier standpoint with amortization lending, understanding how to let my assets buy my liabilities, and how to grow into adding rentals later, or other type of investments. Because there isn't just one way, there are many ways, and they are helping me find what works for me. My only wish at times, and honestly in the first couple months, I wanted to meet more with my success coach because I'm a bit impatient. But now I think I've overcome some of my 'unknowns' and I'm getting into a groove. They have weekly group meetings you can attended but you'll have to ask general questions, nothing specific to your use case. They also have a ton of resources you have access to once you sign up. 

Hope this helps you and others.