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Updated 12 months ago on . Most recent reply

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J Allen
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United Tax Liens charge $25k for services

J Allen
Posted

BEWARE you will get charged $25,000 for nothing more than a good sales pitch from aggressive sales agents with attitudes.,

Awesome REI will real you in first pitch. The sales model is to up sale you on everything to the tune of $600 or more. They create a sense of urgency to buy now or lose out. Then a call is scheduled with United Tax Liens for two hours. They put a immense amount if pressure for you to complete a subjective homework assignment so they can ultimately get you to pay $25,000 the day of the call. I had the misfortune of getting Travis who is very aggressive salesperson with unprofessional candor and tone. I believed the hype and signed up for the services but immediately withdrew the contract within hours after feeling like I was gamed. So I followed my gut and rescinded the contract. Next day I was berated by Travis who sent me a voluminous text messages trying to guilt trip me even though I was well within my contractual rights.

There are a lot of assurances made over the phone that are not in writing. Based on my poor customer experience I’m not confident you will get any money back after the 5 day cancellation period. I’m so glad I trusted my gut.

Is this the norm for companies to charge for educational services to purchase tax liens.

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

Never heard of them, but this seems pretty common.   I've gone to some of the free pitches for 1-2 hours before, for some of the national courses, just to see what they say.  Most seem like scams to me.  They flat out are wrong about some of the stuff they were pitching.   I almost always say if you have $25,000, go invest it on your own.  If you buy $25,000 worth of scam training, at the end you will be out $25,000 with nothing, but some bad education.  If you invest the $25,000 in real estate, well even if you totally mess it up and buy a really bad deal, you'll still learn a lot, and what if you loose $5000-$10,000-$12,500....you still have 1/2 your money left or more.   Maybe you get luck and double your money or assign it for $5000 profit.

Lots of these courses you can find on ebay for a couple hundred...or if you have a 1/2 priced books store near you.  Not sure I would even invest that much, but might give you a start.

My suggestion if you feel really uncomfortable learning on your own....go join your local REIA. Once you start meeting the members, ask for the tax lien expert of the group or ask if they ever have training on tax liens for your area. Learn from the local expert. Also attend ever tax lien sale you can. Sometimes they have educational sessions. Search on google and your state and "white paper" on tax liens. For a handful of states there are some guides written that will go over the basics. Read the book the 16% solution.

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