In the interest of intellectual honesty, for you - wouldn't these properties have made the 2% / 50% rule for you before you put on your overhead when you flip them?

I also agree that our culture discourages being an intellectual.

I specialize in marketing and intellectual property.

This means that he is not just focusing on government corrution but is also looking into corporations including technological patents and intellectual property.

Just Kidding, sometime these "Guru's" seem to be offering just that...as someone with a background in sales, I find it to be intellectually offensive.Jason Gilbert was just that, his "course" was pretty much this...find a distressed "Recession Resistant" improved property such as a self storage facility...convince the owner to sign it over via a MLO (Master Lease Option) based on it's current under performing state.So your asking the owner to Lease it to you for the SAME amount of income it's currently generating...Improve the properties performance (raise the NOI-lower expenses) to gain instant Positive Cash Flow, any income the property generates above and beyond the Lease rate is pocket cash.Exit...either exercise your option and buy then re-finance or flip etc.O.K., sounds great, in fact in theory it is great.

I am not saying a lawyer is not skilled but they have no real intellectual skill that I could not gain for myself.

Capital follows intellectual property that produces outsized returns.

It didn't start with the proletarians, but with the intellectuals.

This is very similar to equity for intellectual capital stock options agreements that are common in the high-tech industry where I've work for about 25 years.

Yeah, I'm pretty sure that I'm the only one who has called him out as an idiot...BUT, I later corrected myself to say that I didn't really think he was an idiot...I thought he was actually pretty average in terms of intellectual capacity.