One of the best things (almost nobody does) is to spend a few hours and mystery shop your competition - pretend you are an interested aplicant and call, ask questions, see if they do open house type showings.

We like to pretend that we are emotionless financial robots, but lets be real..

The initial training is a 12 week program where each new investor will be told to set up an infrastructure of a legal entity, business cards, phone numbers, web pages and miscellanea, to pretend to be a real estate investor, because all this, will not really make anybody a real estate investor.

I don't see any licensing or compliance information on their website, which is the first thing I look for when a HML calls/mails/etc for my referral business - I'm checking out their website while politely nodding "uh huh" to their intro pitch, and just hang up if they aren't even bothering to pretend to be compliant.

That's all wholesaling is as it's taught in these programs, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.It doesn't work.

When your having a bad day don't pretend everything is fine.

I decided right then and there I was not going to get sh*t on by people like that, and even more importantly I was not going to **** on people starting their careers that need help and guidance, not to be taken advantage off.I have basically been working like a dog since that dat 15 years ago.I called the branch years later to pretend to be interested in having M and T as a lending partner.

What would be the purpose of a pretend value on these websites?

Joe Kim I totally agree with you.OOS turnkey, has become the landmark for BiggerPockets, and so many marketing guys pretending to be investors on this site.

So for simplicity's sake, use these numbers:Pirchase price: $25,000Land Value: $5,000So, depreciable amount: $20,000.Lets pretend that I depreciated $1,000 a year for 3 years.Sell price: 38,000What does depreciation recaptire and capital gains look like?