Lots of people are pump faking, and some are completely delusional.

Do not promise anything or tell them much, you are fact finding.

Well in the good old pre 2009 days it was all from fake loans.

But here is what blew my mind when reading this, but I know very smart people who fall for this all the time: It is the "“Too good to be true” syndromeHere is some excerpts:Kapoor’s alleged incentives included a contractual promise to pay the investors quarterly no less than a 7 percent return on investment that would begin when deposits and purchase contracts were signed, the lawsuits allege.

Older properties could allow for a higher quantity of investments and potentially more cash flow, but I lack experience with these and would consider working with investor friendly realtor and property managers.I would greatly appreciate any advice on:New constructions vs. older homes.Self-managing or working with a property manager.Identifying promising locations for long-term rental investments.Thank you in advance for your time and help.

I am in the process of replacing Evernest I'm looking also, you find anyone promising yet?

cloa...Note should include a provision similar to the following:FOR VALUE RECEIVED, I, [Borrower name] (hereinafter known as “Borrower”), promise to pay to the order of [Trustee/trust, payment address] (hereinafter known as “Lender”) the sum of Fifty-Two Thousand and 00/100 Dollars ($52,000.00), with interest from the date hereof until paid at the rate of Six percent (6%) per annum on the unpaid balance, payable as follows: Commencing on April 1, 2024, and continuing on the 1st day of each and every month thereafter principal and interest payments of $577.31, with the entire remaining unpaid balance of principal and interest, if not sooner paid, being due and payable in full on or before March 1, 2034 (the "maturity date").Record a first priority security instrument (mortgage or deed of trust).

And most are not ponzi schemes.Per the SEC and FINRA, some typical signs of a Ponzi scheme are promises of outsized returns (which is necessary to have a Ponzi scheme function since it needs a constant flow of new investors to avoid collapse), promises of impossible things like guaranteed returns and/or failure to disclose the true risk of an investment (to make the claimed high returns seem more plausible), etc.

Esp today with so much tenant fraud, fake pay stubs etc.   

(Though I would never recommend because of the spam and empty promises).