You can always exaggerate the actual work you want to do....doesn't mean you have to actually do it all..

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

I think a lot of times these guys are exaggerating the time they put in.that said it’s refreshing to hear real life struggles (hate to say that) of real life folks just like me trying to better themselves.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

This scenario is extremely common and while I exaggerated numbers for effect, I have had this conversation with clients and their CPAs and the client is usually surprised when you put the numbers on paper. 

I think you'd be hard pressed to find a company that never does inspections.The carrier is simply trying to obtain an accurate assessment of the condition of the property, and prevent unscrupulous people from making false and/or exaggerated claims.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

Once again, that's being VERY generous, I'm going by what my friend tells who is a newbie in this business and is just starting out to learn.I am not exaggerating when I say that virtually all of the useful information is easily found online and in books -- which are constantly downplayed and dissed by instructor Ryan, since he knows that they are a much less expensive and far more educational alternative to FortuneBuilders' "Mastery" coaching. 

@ lawrence taylor One thing to consider when you are at these REI events is that many people who seem like they are "making it rain" with marketing or picking up properties, exaggerate what they're doing, how much they have and what they've done.