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  1. #1
    Join Date
    Jun 2005
    Location
    Auckland
    Posts
    3,936

    Default Tax Lien/ snake oil is back?

    Looks like Pj's Tax lien buddy Dan Eckleman is back presenting at a new NZ event.


    Be careful both Dean letfus & Matt Gilligan warned against Tax Liens in this thread
    https://www.propertytalk.com/forum/sh...ad.php?t=20234

    Quote Originally Posted by Dean Letfus
    I've spoken to people here and in the USA, they are snake oil, complete with white shoes and wagons :-).
    Last edited by donna; 20-07-2010 at 01:53 PM. Reason: Link removed

  2. #2
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,770

    Default

    But wasn't there some later change-of-heart?
    .
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #3
    Join Date
    Jun 2005
    Location
    Auckland
    Posts
    3,936

    Default

    Quote Originally Posted by Perry
    But wasn't there some later change-of-heart?
    From latest info pointed out to me it may appear so?

    Does that mean it is only snake oil when P Jones is promoting it?

  4. #4
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,770

    Default

    All a matter of the spin one puts on it, perhaps?
    .
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  5. #5
    Join Date
    Jul 2010
    Location
    Auckland City, why invest else where?
    Posts
    984

    Default

    It's a side distraction strategy that wastes more time and less results.

  6. #6
    Join Date
    Sep 2006
    Location
    Christchurch
    Posts
    892

    Default

    For reference:

    Quote Originally Posted by [email protected] View Post
    I can find no evidence whatsoever of Eckelman being involved with Trump as their Number 1 gloabl trainer and Tom was stopped at customs because of proceedings against him.

    Would you trust the words of these people?
    Quote Originally Posted by [email protected] View Post
    If you do your own homework you will find that there are great courses based in the USA you can buy and do from home for $25.

    And if you troll the various USA web sites they all say only to do it if you are an expert in an area and you can view the property prior. Doing it long distance is specifically warned against again and again.
    Quote Originally Posted by [email protected] View Post
    I have a string of people who feel ripped off. Haven't yet heard a success story.
    Quote Originally Posted by Matt Gilligan View Post
    To be frank, I think Tax Liens are high risk due to the cross boarder issues and I am recommending to my clients not to got (sic) there. Jones/Richmastery overselling them and underestimating risk.
    ...
    You need to invest a minimum of NZ$100k to dilute the transactional and compliance costs, - and then you carry the exchange risk.
    ...
    Commercial Alert
    I say don't go there. I am putting out a commercial alert - I think these things are risky and PJ is underestimating the risks.

    We have suspended our relationship with Richmastery, - think about that.
    Quote Originally Posted by foxinthehenhouse View Post
    Probably a good time now dean to say if you are going to promote this business yourself in the future. We have seen you do this with other courses. What is different this time.
    Quote Originally Posted by [email protected] View Post
    As I've never done that I'll leave you to your tiresome fantasies Fox.
    What a stupid question.
    Last edited by Xav; 15-07-2010 at 05:04 PM.

  7. #7

    Default Striking.

    Thanks Xav. That's a worthwhile summary.

    It's easy to forget how ACTIVE some ex Richmastery folk had been in speaking out publicly against US Tax Liens as a suitable investment for Kiwis. Then it stopped.

    That they're now promoting them is, well, striking. (Money talks?)

    Peter Aranyi
    blog: www.thePaepae.com
    Last edited by PeterEmpowerEd; 16-07-2010 at 03:24 PM.
    Peter Aranyi
    Blog: www.ThePaepae.com

  8. #8
    Join Date
    Jul 2010
    Location
    Auckland City, why invest else where?
    Posts
    984

    Default

    Yeah when these folks receive money to promote stuff they quickly change their tone.

    Last time they charged $7500US for the course (not including setup fees and ongoing "support" fees), interesting to know how much they charge this time round.

  9. #9
    Join Date
    Sep 2006
    Location
    Christchurch
    Posts
    892

    Default

    Quote Originally Posted by PeterEmpowerEd View Post
    Thanks Xav. That's a worthwhile summary.
    I like the last two best. The real question is, is foxinthehenhouse psychic and if so how much does it cost to go to one of his seminars??

  10. #10

    Default

    How many times have we heard that final paragraph?
    Roberts recently attended a foreclosure institute workshop in Detroit and was not impressed. "If the content was that good, the institute wouldn't be conducting seminars," he said. “They would be doing it themselves.”
    http://archives.signonsandiego.com/u...6seminars.html
    Last edited by Perry; 16-07-2010 at 05:28 PM. Reason: added paragraph quoted


 

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