It is sad that no enforcement can even go after their fraudulent business practices. 

It's always interesting when a newbie owner contacts us stating they saw 4% online and want that for a SFR!

I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.

Quote from @Jaycee Greene: Quote from @William Taylor: Hey there BiggerPockets members, I'm an upcoming agent practicing running numbers on different duplexes and investment properties I'm seeing on the market, here to share another report I'm working on for feedback.

There are so many shady sellers out there that you meet online, so it's nice to work with folks who will shoot you straight.

He said it's standard practice that they don't want agents there.

You add your coverage yourself online and can see all your properties listed on one screen to manage them.

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

It is standard practice and component level depreciation is encouraged by the IRS.Though it is very important to track you time as you go along.

It is alarming to witness someone in a prominent position within James' mentorship program engage in such unethical practices.