They promise to walk you through two flips the first year, get into an LTR the second year, help set up all your systems, and give you access to their databases and network.

Quote from @Paul DoCampo: They're are fighting cold sms... ecommerce, real estate, etc using it as a marketing tool for their responded data base (those that said "yes you can market to me") is allowed and encouraged by carriers.Quote from @Gustavo Munoz Castro: Quote from @Paul DoCampo: Are people still trying cold SMS for lead gen?

In renting this property, I've been able to amass a nice database of potential renters in the area. 

Consider the administrative costs of maintaining an LLC before proceeding.

I found the new job the prospect was hired for (Provided me with a job letter stating the rate and date started as Sept 30) at the end of last month, shows that the LLC the prospect works for has been administratively dissolved a few months back.

They will waste time 24/7 condemning some idiot "wholesaler" who pulls comps from free database and tries to peddle prop for twice its ARV, they will call him a fraudster, criminal, lowlife, Hitler incarnate and etc.

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

Whether it’s through customer databases, CRM platforms, property management software, or digital marketing efforts, real estate companies routinely gather personal and financial data for sales, leasing, and property management.

PassivePockets might consider a wiki type database that allows every deal to be linked by principal, LLC, promoter etc.

Im a 401k administrator, I'm curious why the returns are low?