QUOTE(Chrizalix @ Jun 19 2017, 05:35 PM)
Actually, I've 'invested' some money to this guru's tok show hoping to learn something extraordinary. Just FYI, the guru has been trained by SR so you know their way of conducting talk show. Basically, they want you to high five each other, hyped up each other that you'll feel you had made the best decision in your life for going into his seminar, and you are on the road to be a millionaire (theoretically, you will own assets over 1Million). Basically, I did not learn much from the so-called loan compression, but if you want to learn more, feel free to top up few thousand more to go for the 1-on-1 session, AND THEN, everything will be pre-plan for you. That's the package.
Cut this short, actually imo, i dont think it is illegal but rather a loophole that some investors have practising for quite some time. Proxy, loan compression and stuff. I have mates that somewhat trusted the guru fully, mind you the mate is having about 6 - 8k gross income, after some calculation the guru actually work out his plan to own 4 properties in one go. (Total investment is about up to 3Mil - Loan Compression all at the same time). Well, of course, this is under the 1-on-1 session which every 'student' has to pay extra just to get the advise and road to become millionaire.
I've stopped visiting the guru after the first 1-on-1, after sensing some pushy moves to ride on their train to get the super profitable project.
If you have a lot of cash and holding power, this plan is completely fine. But for those who are struggling to pay even just one property, I would say, good luck and all the best.
loop hole of the process not the regulation. violate the regulation by abuse loop hole process. illegal or not j?Cut this short, actually imo, i dont think it is illegal but rather a loophole that some investors have practising for quite some time. Proxy, loan compression and stuff. I have mates that somewhat trusted the guru fully, mind you the mate is having about 6 - 8k gross income, after some calculation the guru actually work out his plan to own 4 properties in one go. (Total investment is about up to 3Mil - Loan Compression all at the same time). Well, of course, this is under the 1-on-1 session which every 'student' has to pay extra just to get the advise and road to become millionaire.
I've stopped visiting the guru after the first 1-on-1, after sensing some pushy moves to ride on their train to get the super profitable project.
If you have a lot of cash and holding power, this plan is completely fine. But for those who are struggling to pay even just one property, I would say, good luck and all the best.
Feb 17 2018, 11:17 AM

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