It's like a pyramid of debt that will crumble because the excess expenses on one of those large units may not be able to be covered by the rest of the portfolio.

We will all have learned a lot of new skills by the end of this.Speaking of the importance of TP, a client shared a listing photo showing a pyramid of TP stacked artistically on the coffee table with the quote "TP comes with the house!"

Their first purchase became the base for a pyramid of properties bought by constantly remortgaging and using equity from rising values to put down a deposit on yet another house.Their wealth ballooned to more than £100m but apart from a £2m-plus home outside Maidstone and eccentric Burberry suits, their main extravagance was a much derided stable of racehorses.Wilson readily admits that his property empire is heavily mortgaged, but says the loans work out at 61% of the value of the properties.

However now I'm hearing stories that they may be a scam or some type of pyramid scheme.

There are folks, a couple here on BP, who are adamant the organisation is the best path to a future in real estate investing and there are many here who see it as multi-level marketing scheme designed to make a few at the top of the pyramid wealthy at the expense of those recruited at the entry level.   

My end goal is to eventually pyramid up so that after my first year I can eventually sell and purchase a bigger property so on and so forth.

If I'm going to work that hard and put in that many hours, I'm going to focus on real estate, not on making someone at the top of a "pyramid scheme" more wealthy.We know it would be a lot easier if we had capital to start with.  

It’s generally visualized as a pyramid or tall rectangle categorized by risk.

With out him going into too much detail form what I gathered its some kind of educational pyramid scheme.

The secrecy of bitcoin makes it perfect for market manipulation and pyramid schemes.I think it should be rebranded from Bitcoin to Bubblecoin.