@Engelo Rumora - thanks for starting this thread - has been highly entertaining and a fun read
@Dave Hagen - you've asked some fair questions. Now, I am a W2 guy, and not in real estate full time by any stretch, but know enough to be dangerous since I've been at this since 2017 and have done my fair share of deals. So I'll give you some direct responses:
Your first paragraph: "First, I didn't say you were suppose to be anybody's entire education, or source of leads. But everybody has their own way of learning, talking, and getting things done. I can, and do, read books, watch YouTube videos, and try to come to an educated opinion on how to proceed. Others jump in, head first, and learn from their own mistakes. I'd rather learn from other's mistakes. But while I'm taking time to get informed, others are getting things done. And while you can't compare someone who is trying to get free advice and leads to someone trying to sell you on their services, both are plunging ahead."
Answer - you openly admit you've spent your time and energy to educate yourself. Excellent. The majority of new investors have not. Otherwise, we wouldn't see new BP threads like "Should I do an LLC", "I have 10k and don't know what to do", "I wrote an offer - now what?". I never look at these threads. Why? Because seven million of them already exist on BP, and if the poster took 15 minutes to use the magical search function, they can get their answers. But legit questions that are "higher level" or questions specific to my area or experience, for example, I am happy to hazard a response, because I've learned a lot from BP, and will pay it forward to real investors, not someone who's bored on a Saturday and will never buy an investment property in their existence.
Your second paragraph: "And what is the matter with, if you are in turnkey solutions, someone asking if you have any leads on other deals? You can't pass along something you may have come across, and weren't interested, to someone else who might run with it?"
Answer - Why in the world would I pass a lead along to someone I don't know, don't trust, and/or haven't done business with? Zero chance. We have gotten leads on off-market properties that don't work for us for various reasons - so what do we do? We reach out to other investors and/or wholesalers we know from previous dealings and pass the lead along to them. That's how networking works.
Last paragraph: "I also must have missed the part where you (the "you" being anyone that disagrees with me... haha) were a beginner, starting out, and learned everything from books and didn't make any mistakes. We all have different personalities that affect how we deal with life. I don't demand anybody change. Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before."
Answer - when I started in 2017, I didn't come here and ask for handouts. I took my time to read the boards, SEARCH for the information I needed, and educate myself. Ultimately, we bought our first rental, which I learned more from than anyone here could have taught me. My "mistakes" with this property are what allowed me to be more successful with each subsequent property. But most of the new investors on here never take the step of buying a property; so spending time educating someone who will never take that first step anyway - well, it's not a prudent use of time.
Best wishes on your investing future.
