Are these road signs scams? What do you guys think? (ATL, GA)

[Jeff Gersbach]

I live in Atlanta, GA and over the past year I have been researching how to get stared in real estate investing. I would like to have some sort of mentor that I can help in exchange for knowledge, and somebody that I can just ask questions to and talk with.

I have been seeing across the entire city and suburbs these small road signs that advertise "Real Estate Investor Seeks Apprentice" they are all different, and some of them even make wild promises like "make $10,000 a week while you learn to invest!"

Are you guys familiar with this type of stuff? Some of these may be legit, but some of them...especially the ones who claim you will start off making $10,000 a week....sound like a scam.

How would a scam like this work? Would the first question they ask me be "are you willing to take out an $80,000 loan?

[Account Closed]

@Jeff Gersbach Most of those belong to the "Renatus" guru crowd. I like to get a few bourbons in me and call and play 20 questions about how many deals they've done this year "well..uh..umm.. "  ..that's what i thought.

Its a MLM scheme with a real estate twist. You get paid for every other sucker you get to sign up, they get paid for signing up other suckers.. on and on.. and the folks at the top get your deals.

I make it a habit to pull those signs up/run them over when i see them.