![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2385635/small_1695261145-avatar-rubens59.jpg?twic=v1/output=image&v=2)
1 September 2022 | 12 replies
Usually collected as part of the application process.Fraud: let’s not pretend it doesn’t happen.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/749302/small_1621496627-avatar-russellholmes.jpg?twic=v1/output=image&v=2)
1 May 2018 | 5 replies
I'm not talking about pretending that I plan to use it for equipment and instead buying a duplex, I'm being up front with them about what I'm looking to do.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/31033/small_1621365545-avatar-eeby.jpg?twic=v1/output=image&v=2)
9 July 2017 | 19 replies
If someone falls down the stairs (or pretends to) and sues you, they can only go after the assets of the LLC, not everything else you own.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/397859/small_1621449022-avatar-dank24.jpg?twic=v1/output=image&v=2)
11 March 2016 | 8 replies
If you pretend you're a building manager the first thing gone is trust as you start a relationship on a lie.
1 July 2019 | 16 replies
That is complete bogus.The best answer simply is, "pretend you are end buyer", and then mind all the costs an end buyer has, then then add your fee to that cost.The challenge here is you need to evaluate if the property is a good flip, or if it is better for buy and hold.If it is a flip, yes figure out holding cost, cost of money insurance lending cost closing cost holding cost, "Ohh crap this didn't just happen" costs, utilities, repairs, cleaning marketing costs.If it is a buy and hold, a ton of these costs will not be present and some will be lower, so your wholesale price differs depending on the property being a flip property or a B&H property.The 70% rule is crap because the 70% rule doesnt account for the house being in a war zone, busy street, near an awesome school, and no the ARV doesn't take care of this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/548/small_1621345489-avatar-sun.jpg?twic=v1/output=image&v=2)
9 April 2007 | 1 reply
Anyways I've been studying RE for two months(sick of it), and found a RE investment club so I can open up a network.Doing wholesaling(Assign contracts,and L/O) was my best choice of getting into RE because it didn't require hardly any money(just for ads).After I'm successful with wholesaling,and I want to move up being a landlord.I went to my first meeting,we might work out a deal within a month because the condition of the property.Tommarow will be my second meeting,planning on putting a L/O on the property.I admitt I was nervous at first calling up people about their property.What I did I acted like I done real estate before,and managed thousands of property's.Then when I started pretending I did RE before,fear went out of the picture.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/638432/small_1682887240-avatar-ylee1227.jpg?twic=v1/output=image&v=2)
22 February 2021 | 38 replies
It's threads like this that really hammer home my belief that some people would be better off working at a mall kiosk instead of pretending to be a real estate "investor"...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140863/small_1694919723-avatar-struocchio.jpg?twic=v1/output=image&v=2)
28 February 2014 | 7 replies
I've pretended to be the employer for many of my friends over the years and have gotten good at it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/254401/small_1621436508-avatar-brianh2.jpg?twic=v1/output=image&v=2)
12 December 2014 | 9 replies
So because of that I"m going to suggest you pretend you don't have that money right now and start reading and reading and reading this site and find a niche that appeals to you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/184628/small_1650408561-avatar-sager_investing.jpg?twic=v1/output=image&v=2)
6 May 2022 | 5 replies
ARV’s as well but to pretend a 80k full gut rehab in south philly gets it done anymore is just silly