Thach Nguyen is the CEO and creator of Thach Real Estate Group and the founder of Springboard To Wealth. He owns a total of a hundred and twenty investment properties, which earn over a hundred thousand dollars in net passive income every month.
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.
Can you trust this guy? Or is he another scam?
Let’s see!
DISCLAIMER:
This Thach Nguyen review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- Comprehensive real estate training
- Thach Nguyen is an expert in this field
- Friendly and supportive community
Cons: What I Didn't Like
- Expensive coaching
- Training can be found in books or free online
- Requires big investment
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.
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 Real Estate.
Digital Real Estate 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 Real Estate 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.
If that sounds like something you’d be interested in, check out Digital Real Estate.
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?
Thach Nguyen is the CEO & Founder of Thach Real Estate Group and the “boss” of Springboard to Wealth.
He’s been in the real estate business for more than 27 years. He has constructed over 300 homes, townhomes, and multifamily units and executed over 100 flips during that period.
His life was not always easy until 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 at the time.
Today, his real estate success is undeniable. He currently owns 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?
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.
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 greatest 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 good and negative. Thus, this course is appropriate for anybody who wants to try their hand at real estate investment.
While investing in real estate might be a terrific, 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 put up with 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.
How Much Is Thach Nguyen Course?
The Springboard To Wealth program requires a $6,000 investment. After signing up, you will have your username and email password to start getting live coaching calls.
Is Real Estate Suitable For Everyone?
In this part of my review, I’ll explain why I believe real estate may not be suitable for everyone.
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 excitement. Making business decisions in the real estate industry is a serious affair. Although it can help in building generational wealth, it’s a big deal!
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.
Because we are now in a pandemic condition, things are only getting worse. Most individuals cannot consider purchasing a new house or relocating to a different region for whatever reason. Obviously, the first thing they’ll consider is purchasing their essentials.
Yes, after the pandemic has passed, real estate sales may increase. However, it will only be in very particular regions.
In summary, if you want to earn a lot of money in real estate, you’ll have to put in a lot of effort, particularly now that there are low Google searches for rental properties.
Is Thach Nguyen A Scam?
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 Real Estate.
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
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 Real Estate.
Are There Alternatives To Thach Nguyen?
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 2023?
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 Real Estate 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 Real Estate 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 Real Estate 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.
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 Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate 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.
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 Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
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.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, 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 Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
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 Real Estate.
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 Real Estate.
