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03-12-2009, 07:21 AM #1
Renter
- Join Date
- Mar 2009
- Posts
- 1
John Beck's Free and Clear Real Estate System
I keep seeing the late night infomercials of John Beck's system and I was just wondering if anyone has used this system before or are you considering using it?
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03-12-2009, 08:15 AM #2
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I would suggest you google John Beck scam and read the various results.
Last edited by markbrian; 03-12-2009 at 11:17 AM. Reason: grammar
Mark Brian Silver Star Real Estate
Upstate South Carolina Real Estate
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03-12-2009, 01:38 PM #4
John Beck's system is not a scam. It is mathematically true.
Let me give you an exampe:
You have a $1 million home on the ocean. Suddenly, you lost your job for a while and cannot pay the $2,000 property taxes. You have a lien on your property. You don't want to sell, even for $800,000 because you feel good in your home. Years pass by and after the redemption time, the taxes buyer foreclosed on your home. Again, you cannot pay the $2,000 to him. He get possession of your home, expulse you out.
This guy just get a $1 million oceanfront home for $2,000.
That's how it works.
Now, it's mathematics as I said, meaning the mathematical probability to hit that jackpot is 1 chance on 34,859,890,500
Why? BECAUSE NO ONE WILL GIVE AWAY HIS $1MILLION OCEANFRONT HOME FOR $2,000 TO ANYONE. NEVER. EVER. EVEN IF HE NEEDS TO SELL HIS BREITLING TO PAY THE TAXES...
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The idea of buying tax liens is not the scam. What I found was buying tax liens can be a good way to make money.
It is the other stuff I read that concerned me. I leave it to you to research and draw your own conclusions.Mark Brian Silver Star Real Estate
Upstate South Carolina Real Estate
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03-12-2009, 11:27 PM #6
Fixer Upper
- Join Date
- Mar 2009
- Location
- Oklahoma
- Posts
- 16
Tax liens
What state are you looking at purchasing tax liens? Some states are easier than others when it comes to buying tax liens/tax deeds.
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REI GIANT brought up a very good point. My state requires a 1 year right of redemption. Every state is different, some are better than others. You can find most information online for free. It can be a great way to make money, either by obtaining the property or making money when the person exercises their right of redemption.
Mark Brian Silver Star Real Estate
Upstate South Carolina Real Estate
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12-01-2009, 12:00 PM #8
john becks course
Hello, yes I have bought John Beck's system just to see what he was offering for education. Yes, the tax lien & deed business is the safest and most lucrative investment inAmerica today. Although, the examples he gives of people buying houses for $200-300 easily is far from the truth. They may be real examples, but the ease of them is so far stretched.
I have a great article that I wrote on the topic, and the real results you can expect. If you would like to read it, just reply back and I can forward it to you.



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