No, the house he lives in is a rental. I am not going to post the address here. It's been a rental for years and was last sold in 1998. Another sale two years prior. I don't know anything about an LA property. The owner was asking $22K for the rental.
You cant confirm nothing you've posted. If he arrived via helicopter, rented a yacht for $24k, purchased a $2.2 million dollar home. He doing better than most. I pretty sure he made millions, besides he post his trades on profit.ly. Sure he made money selling his teaching methods. However he has made a lot of his students rich trading penny stocks. One student was already a millionaire who open an account with $2500.
Well it proves he's fairly liquid, but you have to ask yourself why you would rent a house and an exotic car. Obviously it's excellent image-building. He's very good at promotion. The house in Miami is owned by two investors from Delray. It took five minutes to find the tax records for each year from 2005 to current.
Lex Van Dam, another one. Hedge fund manager, then did that (promotional) Turtles style BBC documentary, now an educator. Tim and Lex have most likely done their calculations and arrived at similar conclusions: trading + educating = lucrative (where trading >= 0)
I just advised someone to do the same thing go to www.miamidade.gov and click on Taxes to confirm the preceding. I am actually preoccupied at the moment, but will do the research. Who has the full address please include city state and zip code. Once I am free I will share the information in here since it is public record. Tim and I have bumped heads online before in the past. However I do enjoy watching him especially when he is showing off his wealth. I cant knock someone who is renting $22k homes and $30K yacht cruises.
Just because some one is teaching doen't mean they are not successful. They are bringing in additional income to reduce their risk in the market, in an effort to sustain their lucrative lifestyle.
Given that only two of his BBC students were successful, that takes a lot of chutzpah to claim bragging rights for.
It's not open to interpretation. Unless Sykes' is promoting that he actually "owns" the property. It's owned by two brothers from Delray. Not named Sykes. I have provided the parcel and tax info. The taxes have been paid by the owner, without fail. The last payment was made in Dec2013. The records go back to 2005 -- and the same investors from Delray have owned it for that time.