Henrique Sousa
Financing Terms on a Flip - Is this possible?
9 June 2020 | 4 replies
I am unaware of anyone (HML or PML) closing commercial loans like the one above at the moment.Beware of scams - many unscroupulous entities are claiming they can do things they can't.
Kynell Martin
How would a private or hard money loan look on paper
20 March 2020 | 15 replies
Based off your replies I'd say this company/individual is a scam...
Pete Storseth
Is craigslist worthless?
15 March 2020 | 9 replies
My father passed away a few years ago, immediately afterwards a relative found the house on craigslist listed for rent, someone new he passed and immediately posted it to scam people out of money, I had to contact craigslist to flag it and get it removed.
Jordan Sutherland
Maximizing Profit While Maintaining Ethics
17 March 2020 | 1 reply
What really upset me is that this wholesaler guaranteed several things to an unsuspecting homeowner and straight up lied to him about multiple things, including the actual value of his home and what would really happen if he signed this contract.
LaVonne Eaton
Syndication advice needed.
21 March 2020 | 10 replies
I don't have a track record as of yet but my core values and morals won't allow me to wrong a person out of their money as I've been scammed for over $7000 and I know how that made me feel.
Brittany Olofsson
Josh Huber
Start building a team... But in how many locations? Then what?
23 March 2020 | 20 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris scam and/or Morris Invest fraud for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.
Ralph Lauren
30y/o 9-5er looking to learn RE investing
25 March 2020 | 5 replies
Go to seminars, (be careful, a lot can be scams, just don't pay money for them unless they are legit) there will be a lot of people in the same situation as you.
Charles A.
“21 year old goes from 2 to 100 units in 18 months...!”
21 March 2020 | 1 reply
There has been an irresponsible fad on real estate sites like BP for at least the last 5 years.Single family homes were now for suckers and everyone and their grandma has been attending syndication boot camps and coming here to write sensational posts and “success stories” on BP.You are about to find out who is an investor and who is a scam artiste.But don’t worry,the actual investors will be here to hold your hands and offer Kleenex through all the tears and blood.We all learn in this journey of life.No need for gotchas and “I told you so”...just life lessons we all learn at some stage.I wish you as little pain as possible over the rest of the year,brothers and sisters!