Different regulations and a ton of scamming in the commercial side.

I was lucky enough to purchase a multi-family building in a gentrifying area of Brooklyn 8 years ago.I've gotten very lucky and have not had a bad tenant or even a bounced check in 8 years if you could believe that.I currently work a 50 hour a week full time job and have two young kids so it's difficult to devote time to locating good deals in the area.

Why do you think it is a scam?

We certainly have some good companies represented here but don't assume that because anything here that might be advertised has any endorsement you need to do your due diligence on anything you do in RE.Turn key operations can be ripe with fraud or scams, there are those that have picked up very cheap properties, put lip stick on, put a partner type tenant in at higher than market rates to justify a much higher price to sell the package.

Hello All,I have been getting into real estate the past few months, started out posting yellow signs every weekend for 6 months, and have also been sending out yellow letters for the past 6 months, around 1000 / month.I've gotten really close to closing on a triplex at a great price, however it ended up falling through.I'm 27, currently work full time as a mechanical engineer, however I would like to quit my job and devote my time to going back to school and medical issues with my shoulder (rehab takes a few hours a day), while working part time.I was planning on helping a seasoned investor I know with his property management.

My wife actually devotes all of her time to real estate sales.

I also find it funny how in the podcasts Josh, Brandon and guests talk about purchasing houses in the sub $50k range where it seems in Baltimore and surrounding areas you would be restricted to D properties.Also, ill have to devote a good chunk of time looking over your blog.

Unfortunately, scams seem to run rampant in Florida.http://www.wptv.com/dpp/news/region_martin_county/robert-allen-tribble-jr-mary-revoller-chavez-arrested-fdle-accuses-pair-of-rental-fraud-scheme

Just devote your time.

I bought a domain in my area [REMOVED] this a decent name or does it scream "scam"