Is Jack Bosch just another phony?

Guru, Book, & Course Reviews
14yFollow

Is Jack Bosch just another phony?

Antonio Bodley
AL · Member since 2010 · 519 posts · 29 votes

Has any one of you heard of Jack's Hidden Tax Sale Cash program? He explains the tax deed loophole where you can buy properties for $100 and make big profits doing nothing but collecting overages from the county after the tax auction is over. You may already know about this program. If not, just Google Hidden Tax Sale Cash.

Give it to me straight about this dude. Is everything that comes out of his mouth all fictional?

0Reply
292 views

Most Popular Reply

Rick H.
Lender · Greater LA/Orange County area, CA · Member since 2012 · 3k+ posts · 3k+ votes
13y

The primary objective of this particular system is not the acquisition of the real estate, per se, but to become the record title owner in order to apply for the surplus, referred to as excess proceeds in the post tax sale world.

I would not deprive BP members the privilege of investing $1,000 of their own money in order to learn, implement and perfect their own system, however here are the basics:

1. Create your own target list in the tax sale counties of your choice.

2. Use direct response (I.e., mail) campaigns to generate lead response

3. Acquire and record your interest on the cheap prior to scheduled tax sale

4. Allow tax sale to occur to 3rd party who bids higher than your purchase price + tax

5. Apply for the overbid (surplus)

I think the course has good value. It's a system, and like all systems, requires the buyer to show up and do something. It's not for everybody however those who know me understand that I have no problem calling out the b.s. artists out there, even referring to them by name, when appropriate.

In 1978 I started working foreclosure, did well, got bored, then began focusing on probate deals, then title defects and missing owner properties. There are an almost unlimited number of ways to make money in this business. I just happen to enjoy working a much wider array of niches than most others.

8Reply
See this reply in the discussion

33 Replies

Jump to latestLatest
  • Tim Winter
    Broker · Phoenix, AZ · Member since 2015 · 151 posts · 55 votes
    7y

    @Jay Hinrichs  Yes, as I mentioned in my post its not anything completely new, concept wise, that I feel warrants $1500 investment, but they do claim 6-15% response rate with their marketing, and they are target marketing non-tax defaults which they claim is 80% of their responses. That information to me would be worth some money, but not the price tag they are asking,

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    7y
    Originally posted by @Tim Winter:

    @Jay Hinrichs  Yes, as I mentioned in my post its not anything completely new, concept wise, that I feel warrants $1500 investment, but they do claim 6-15% response rate with their marketing, and they are target marketing non-tax defaults which they claim is 80% of their responses. That information to me would be worth some money, but not the price tag they are asking,

     marketing is marketing..  We build infill houses and market to lots all the time and have for years.. one of my bigger guys I fund has been sending the exact same letter for 25 years.. and he does a ton of business.  its more about the follow up and ability to transact quickly I think that sets folks apart and the fact your an agent your already way ahead of the average person on the street..

    so have fun.  I grew up in the industry.. my Dad was a land man back in the 60s through the mid 80s..  think Glenn Garry Glenn Ross that's what I was raised with..  TRUE closers    

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    1Reply
  • Account Closed
    New to Real Estate · Philadelphia, PA · Member since 2018 · 49 posts · 0 votes
    7y

    @Seth Williams what’s the other system that works

    0Reply
  • Daniel Villanueva
    New York, NY · Member since 2016 · 24 posts · 3 votes
    5y

    @Tim Winter

    - Did you find the event helpful? I can’t convince myself to pay a grand for his “course” but I paid for the three day course since I am a newbie and have lots to learn. Is the three day course enough to start practicing the system or is he just dangling more carrots to squeeze out more money 

    0Reply
  • Tim Winter
    Broker · Phoenix, AZ · Member since 2015 · 151 posts · 55 votes
    5y

    Hi Daniel, 

    I never bought the course, so I can't speak to the value. You have earie timing, as Mr Bosch talked at AZREIA meeting last night, and I'm taking his cashflowing with land workshop tonight at 6p MST. It was only $30 for the one night for members, so was a no brainer to see more of his numbers. I think you can join it from New York as a guest, as it's a virtual event. He's also doing a deeper dive this weekend for more but not interested in as you say putting that much money into it until I believe it'd be worth it. 

    Not sure if BP will allow the link, but here's the direct link to the event tonight https://members.azreia.org/eve...

    0Reply
  • Daniel Villanueva
    New York, NY · Member since 2016 · 24 posts · 3 votes
    5y

    Thanks, yea I paid for the three days (here in Phoenix via azreia) so I was curious about others’ thoughts. 

    0Reply
  • Evan Wells
    Scottsdale, AZ · Member since 2017 · 5 posts · 4 votes
    5y

    I just listened to his session tonight and while the strategy is definitely interesting, the presentation was almost entirely 1) Things you should already know if you're going to be any sort of real estate investor, and 2) Very high on the motivation/rah-rah to try to drive an emotional response, and very light on the 'brass tacks' of making this strategy actually produce profits (especially compared to the mobile home park guys that spoke over the summer--that was a no-BS presentation).

    I'm signed up for the Saturday session so hopefully he'll start providing some real details there, but at this point it sounds perilously close to Guru-speak

    0Reply
  • Justin Reed
    Wholesaler · Member since 2020 · 140 posts · 89 votes
    5y

    I don't think he's a phony, but I went through all of his items and still felt like something was missing. I found Steven and Jill from Land Academy and they put all of the missing pieces in place for me. Now I'm a full-time investor and couldn't have done it without their education and continued support.

    Plus - I think that you're leaving a lot of money on the table if you follow the Bosch system. I wouldn't have half of my deals if I did it his way. The LA way has brought me a lot more.

    1Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free