Quote from @Evan Polaski: @Jay Hinrichs, while I wasn't going to call them MLM, I did attend an Armando Montelongo (A&E's Flip this House from mid 2000's) seminar at a hotel conference room in 2007 or 08, which was the free funnel to spend $1,500 for a three day seminar or $25,000 for an in-person mentorship.I have seen similar promoted with Christina and Tarrek from Flip or Flop more recently.I didn't start realizing how profitable education can be until the last 5 or so years.  

And we are just beginning.Norada Capital Management ( Link )30251 Golden Lantern # E-261Laguna Niguel, CA - 92677-5993Professional poker players call it a “tell.”

e=pnKjwj<... have started writing letters to parcel owners to make them aware of the issues generally and a QR code for photos of their specific projects.

And like any big money making business maybe 1 out 25 or so does anything that could be deemed successful the others just sell their books and tapes on E bay for 50 bucks.

(e-commerce company that was looking into bankruptcy last year, mastermind businesses, putting on broadway type musicals, including one about Neil Diamond) Their website is fairly opaque as to how they generate their profits in order to pay note investors the very high yields they offer, 14-23%.

I'll be primarily focusing on the "Slow Flip Method" for a few months to see if the juice is worth the squeeze, but essentially, you look for distressed properties in or below $30k and sell them FSBO to people with bad credit for $80-$90k with $2k-$5k down.

Quote from @Devin James: The E-Myth is a classic!

For example, you may have one account for 5 different properties in 123 LLC and in another account, you have all the E main st LLC properties. 

Click link for more info.Join me at In Person Real Estate Meetup https://meetu.ps/e/LsW9D/8pT3T...

Rental income would be reported on Schedule E, and these write-offs could offset other income if you qualify as a real estate professional.