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Thach Nguyen Course Review (2024 Update): The Real Problem With Other Springboard To Wealth Reviews

By: JosiahSep 29, 2023Real Estate
Thach Nguyen Course Review ([year] Update): The Real Problem With Other Springboard To Wealth Reviews

Thach Nguyen is a self-proclaimed guru of real estate sales, and is known for his Springboard To Wealth program. He's made a name for himself in this industry, offering tips for generational wealth.

But what's really inside this program? And how much does all this cost, anyway?

Let's dive in and find out.

DISCLAIMER:

This Thach Nguyen review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Thach Nguyen is an expert in this field
  • Possible to make some money
CONS
  • Physical real estate is risky
  • This training can be found in books or free online
  • Digital Real Estate has become more valuable

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Thach Nguyen is a real estate investing guru.

Like most real estate investing training coaches, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

Some folks even say you can do it from the beach...

Living The Beach Lifestyle

...however, before you leave this Thach Nguyen Springboard To Wealth review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Thach Nguyen, keep reading.

Who Is Thach Nguyen?

Who Is Thach Nguyen

Thach Nguyen is the CEO & Founder of Thach Real Estate Group and the big boss behind Springboard to Wealth.

He's been in the real estate business for more than 27 years. Thach has constructed over 300 homes, townhomes, and multifamily units, executing over 100 flips during that period.

His life was not always easy before he became the multi-millionaire that he is today. He had previously been a refugee together with his parents, four brothers, and sister, in 1975. And according to his own narrative, they were homeless after they arrived in America.

Today, his real estate success is undeniable. He currently claims to have over a hundred and twenty investment properties that earn over a hundred thousand dollars in net passive income every month.

And he thinks that by taking his course, you will be able to excel in real estate just as he did.

What Is Springboard To Wealth?

What Is Springboard To Wealth

Springboard To Wealth is a real estate training course that gives instructional materials to anybody interested in learning more about real estate. Its purpose is to provide the tools, information, and live coaching call required for real estate investment success.

It was founded and is operated by Thach Nguyen.

According to its advertising materials, this online school will teach you how to own rental properties in ten years. Thus, you will be able to generate a regular stream of passive income by renting out such houses, as they say.

You'll also learn how to identify the top real estate bargains in your region and how to analyze those offers, among other things.

Springboard To Wealth is the result of its creator's broad real estate experience, both positive and negative.

While investing in real estate can possibly become a high-profit business concept, you should be aware of the expenditures involved.

Even with this or any other online school, you'd still need to deliver a tough effort and a hefty investment to get started and achieve financial freedom.

And if you can handle the predicted workload, you may also develop a system that allows you to make money directly. Something that simply requires a little initial expenditure to get started.

What's Inside The Thach Nguyen Course?

Thach Nguyen Review

Springboard To Wealth contains a total of 11 modules, although some customers complain they don't really dive into the deeper concepts.

These modules are supposed to train you on how you can find the best real estate deals within your area, which will lead to a lot of cold-calling that the program tries to assist with.

His most recent Facebook ad offers a free training video. You'll learn how to own ten rental homes in five years, escape the rat race, identify excellent bargains in your neighborhood throughout any economic cycle, and analyze deals and other topics.

Thach's program also provides you with software and tools like contract templates, sales pitch scripts, etc.

The most value you'll get is the weekly seminar with Thach himself, although it doesn't seem like you'll get a 1-on-1 discussion.

He also offers a Facebook group for you to build a community with his other students.

Concerns

Buying and selling real estate is not an easy task. You have to evaluate deals. You can't decide to work in real estate out of an emotional impulse...making business decisions in the real estate industry is a serious affair.

If you want to be successful in real estate, you must have a large amount of money. If you lack funds, I recommend searching for another business to start. Property is not inexpensive for real estate investors.

Not to mention the general volatility of physical real estate, in contrast to Digital Leasing.

What Does The Internet Have To Say In Their Springboard To Wealth Reviews?

What Does The Internet Have To Say

Let's hear the voice of the people:

"HORRIBLE Product & Customer Service!

Wouldn’t offer a refund. It’s overpriced and you can find all this info for free on google and YouTube. Don’t waste your time or money!

What I paid for: An in depth Real Estate Course to go over how to find off market deals.

What I got: Basic overview of kindergarten Real estate concepts, motivational videos, and old unedited lengthy zoom meetings.

Its TRASH!!!"

Not good! Let's read one more.

"When I was first on this site I would advised against paid education, I saw it as all grossly overpriced and unecessary. Now I see the issue as a bit more complex. 

Real estate is a difficult to implement, but simple to understand business. Education on this topic is free and abundant because it doesn't have that much value. The reason people pay for these courses is to deliberately choose their social circle, and a person's social circle is the most likely factor to dictate their level of success. 

You'll get more value from setting $5,000 on fire than you will from paying for real estate investing information. 

but depending on the people, paying $5,000 to be around them might be the deal of the century. "

Is The Thach Nguyen Course A Scam?

Scam or Legit

So, is Thach Nguyen a scam?

Not technically.

You can make money with his program, but it’s definitely not as easy as he makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months - looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property - and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing. 

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

How Much Does Springboard To Wealth Cost?

how much does thach nguyen cost

The Springboard To Wealth cost is between a $5,000-$6,000 investment.

It seems as if there are cheaper basic entry fees, and possibly higher upsells to work closer with Thach Nguyen.

Thach Nguyen's Refund Policy

thach nguyen refund policy

It is difficult to find any trace of a refund policy on any of Thach's websites, but customer complains online seem to indicate his team will put up a fight if you try to ask for one.

If you hand over your cash to Nguyen, just be warned that you may never see it again!

Are There Alternatives After Reading Springboard To Wealth Reviews?

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is Our Top Recommendation In Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

JUMP ALL IN

2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Scott Lead Gen

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

Done Deal

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Springboard To Wealth which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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