IMO, most bandit signs represent scams or ameteurs so it's hard for me to stick with it.

Houston seems to be doing well after all the dust settles with this huge FBI thing that just happend...They arrested some 38 people that were all working a real estate scam operation down here..its a huge mess right now as far as forclosures go...

Ive been reading about lenders using this to make sure that the deal is not a scam.

He would tell me sales prices of houses selling for 500k-1M on Grandview Ave in Pittsburgh he had the chance to buy for 50k 30 some years ago.When i was about 18 i started looking for my first project(rehab) hoping if i found the right deal i could sell it to a family member there were 4 amazing houses i came across but could not sell the idea to anyone there was even one house an old lady gene a friend of mine was going to sell me for $2500 that was rentable as is i could not come up with the money and she was scammed buy the RE investor i learned so much from he saw a good deal and took it. the house hunt never stopped i started showing more houses to my mom and she became more interested. 2005 was a terrible year along with a slow work year construction wise i lost my best friend, grandmother and father then my house ,car everything but my dog due to funeral expense's i realized life was to short and i would not wait to get into this business anymore i moved back in with my mom and became even more motivated to get a rehab going i showed my mom a property in summer 2006 and she became interested and helped me get the house it was almost condemned we bought it for 6k and brought it back from the dead if you visit my myspace page its the yellow house on the slide show Ive since done 2 more and I'm ready for many more I've decided this wont be a hobby i sleep RE literally. ill live in the streets if that means i can keep building this dream.

All kinds of discussions about where to buy towels, how to deal with lock outs, what about guests that do not vacant on time, managing units when you only have seasonal demand, how to spot fraud or scams and what to do with Spring Break group requests (party central in your rental).Send me a message and I can point you to the URL for the mailing list.I have some vacation rentals, I have looked at the numbers in Hawaii, Spain, Prague and Vermont.

Does that mean that all ‘flippers’ are scamming the mortgage company with a jacked up resale value?

I don't mind paying for a list, but I just don't want to get scammed out of money for an old list..

And underneath them is a bunch of brokers and scam artists.

Before even buying a property do your due dilligence on the property or properties people are scam artest in real estate now.

Sounds like you're calling it a scam, No?