Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

581
Posts
32
Votes
Tony Marcelle
  • Bessemer, AL
32
Votes |
581
Posts

Do you listen to lawyers?

Tony Marcelle
  • Bessemer, AL
Posted

Would you listen to a lawyer who tells you not to try an investing strategy that other investors have proven to work despite warnings from a lawyer who says it is too risky?

Most Popular Reply

User Stats

1,297
Posts
1,314
Votes
Josh C.
  • Property Manager
  • Indianapolis, IN
1,314
Votes |
1,297
Posts
Josh C.
  • Property Manager
  • Indianapolis, IN
Replied

The fact you don’t mention the strategy leads me to believe you already know it’s unethical at best and criminal at worst. Lots of unethical ways to make money in real estate. Sells trash on contract to poor people. Wholesaling houses from widows and uneducated people stealing their only assets equity. Selling trash turnkey properties to dumb out of state investors. Happens everyday and makes money. Does that mean you should do it? Course not. Hard work makes lots of money too. Plus you can sleep at night.

In this market you could buy any run down house in a good neighborhood. Watch you tube videos on how to do the work yourself. Do the work nights and weekends. 4 months later you’ll have 40k in profit.

I got started this way with another job, a working wife, and kids. Broke my foot, got metal shavings in my eye, broken a ton of fingers, got burned every which way and still made it happen. That’s just the attitude you need. It’s not forever like that, just to get a bankroll. How to screw people is the wrong attitude.

Good luck

  • Josh C.
  • Loading replies...