In addition, they promote double closing which is illegal in Illinois and a bunch of other nonsense.

Attorneys release money they should not have.Knew of a promoter in Hawaii who got caught up in that and lost a bunch of dough for his investors.. of course he blamed it on others..

When the LLC promoters talk about asset protect, they usually set the scenario where your LLC is sued and your personally owned assets are shielded from exposure by the "asset protection" afforded by the LLC.What they don't tell you is that when you self manage your own properties, either as the manager of a single member LLC or as a sole proprietor, then nearly any lawsuit arising out of your rental activity will be over something that you did as the property manager/owner, or something you should have done but didn't.Since you personally manage the property, you are also personally liable for your actions.

Where lese can you hire someone to work full time promoting your website for about a $1.50 an hour?

The easiest way for the industry to setup IRA's is with mutual funds which of course are promoted by the big mutual fund houses.  

Even Joe McCall and Ron Legrand tell you get licensed if you going to do a lot of business in lease options.Promotion:I really believe that being able to promote your alternative finance sloutions is very important.

Ben - Your goal isn't to get new investors to see things in the right light -- your goal is to create a thread that creates controversy and to promote yourself and your 'university.'

I just choose to outsource it and pay somebody else to do it.Note to BP Moderators: I'm NOT promoting anybody and I'm NOT affiliated with Than Merrill.Point being, nothing's free.  

Just because they aren't doing it or promoting it doesn't mean they're "anti".

Another approach we're exploring is tending toward item 2 above and either selling off part of future deal flow (assignments) or strictly acting as the financier for equity and taking a promote with other operators instead.