What with the "Real estate investor seeks trainee" signs

[Account Closed]

Hey guys and gals, 

I'm new to BP and have been ferociously consuming the content on the site. This is my first post and I have a silly question. Much like playing the "slug bug" game, once you start looking for VW bugs you see them everywhere. Since I've been studying investing I find myself seeing properties and signage like never before. One thing I've noticed is that it seems on every corner of my town (Phoenix, AZ) there are signs that read something like "Real estate investor seeks trainee, earn while you learn, unlimited income, starting at $120K a year". Things that sound to good to be true, usually are. I'm not looking to leave my job for full time investing. So these signs aren't appealing to me personally, but Im just really curious about them. Does anyone know what's up with advertisements like this?

Lauren 

[Linda Weygant]

I pull these signs up when I see them too, mostly because they are illegal in my municipality and because they trash up the place.  

I called one once, just to see.  It went to a voice mail where I was told to leave a message with my contact info.  I did.

Never heard a word until about 4 months later. I get a call on my phone at about 1:00 in the afternoon. I'm at one of my properties doing the first R part of a BRRR deal, so I'm covered in paint, sawdust and probably several other unidentifiable substances.

Answer the phone and its some guy saying that he's returning my call from a sign I called.  I knew exactly which one since I had only ever called one.  He's inviting me to a seminar where they will teach me all about real estate investing.  (I look around my current property and smile).  The seminar is at 4:00.  That day.

I laughed and laughed and laughed. He asked me what was so funny. I said "I called that sign 4 months ago. You're calling to invite me to a seminar that starts in 3 hours. I'm in the middle of my third BRRR, I'm covered in paint. If I try, I can probably clean up and shower and barely make it there in time. You're clearly not organized enough to teach other people how to return phone calls, much less anything about real estate investing. What exactly is it that you're going to teach me?"

Guy hung up on me.  Don't know why....