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Results (5,589+)
Frank S. Should I let a TV show renovate my building in Chicago?
8 December 2020 | 12 replies
I don't know if that's the show you are applying too but there's been many problems with them doing shoddy plumbing and electrical work not to mention they are being sued from one of the families for "a deliberate and fraudulent scheme to misappropriate funds”.
Matthew Drouin $198k cleared on sale of long term hold (no money into the deal), what I learned...
31 July 2023 | 10 replies
I am working with my accountant on getting cost segregation on one of my larger properties to defray the tax liability but it appears to be zero sum in the grand scheme of things. 
Pete Storseth Cant get approved for house hack
25 March 2022 | 53 replies
Real estate isnt a get rich quick scheme.
Robert Shedden Refunding Security Deposit without a Signed Lease
8 November 2021 | 27 replies
@Robert Shedden This isn't a get rich quick scheme.
John Casmon 3 More Lessons from Our Latest Multifamily Deal
9 August 2021 | 18 replies
Pushback from tenants is normal, but using the "we paid the last guy" scheme seems ridiculous.
Paula Wallace Just SOLD my 2nd deal with DoHardMoney.com!!!
29 December 2018 | 69 replies
I suspect the selling of the 3k information package is a pretty heavy revenue generator for them and very clever indeed... you take undercapitalized folks that want to get going and they will risk it.. just like folks that put the big guru packages of 20 to 40k on their credit cards with the hopes and dreams that there is some magic training that will create income so they don't have to work anymore ( at least W 2 work)… So I was just asking that other lady if she actually funded.. or if she put up the 3k and lost it.. one of the toughest things to do in the industry and its kind of like how gambling casinos are set up.1. take a rookie and that's who is going to be attracted to this scheme of no money down ( which of course it is not)2. set the bar so high that most rookies simply cant find a deal that actually works in todays competitive environmentand there you have it you have 3k in your pocket to do turn downs and to send out materials that are long ago paid for and there is nothing new in real estate .. there can be nothing they are sending out in their materials that is not known to the RE community and talked about daily on a site like BP... but again if someone wants to pay  3k for their materials that OK in my mind.. its just the way these companies package this stuff that goes against most of us that have been hard money lenders or are HML ers business practices.. and I get where they are coming from.. the begineer is by far the highest risk borrower.. and in todays world if you have 10% to put down most HML will fund you if you have a good deal and for nothing up front.. they will help you underwrite it since it their money.. and the rates will be substantially less. shop around and see..then lastly if someone does not have 10% in cash and good amount of reserves to go into fix and flip is highly risky its highly risky to start any business undercapitalized.. 
Anthony Larson Maverick Real Estate Property Locator?
15 May 2010 | 6 replies
This is a legitimate opportunity and NOT even close to a get rich scheme.
Kazi Islam Is anyone here joined or familiar with Renatus?
21 November 2023 | 10 replies
Yeah dude i wouldn't even bother i dont know where you're from but where im at the meetup i went to wasn't what i was expecting neither were the stories i heard one woman who was spanish looking short black hair she seem like the type that scared of anything hyperactive looking for attention top of that i heard shes into married men it was three other women who werent too kind and the guys in there seem like they were cool but was talking way too much about how they paid for the stuff i wasnt sold on it and all of this i don't have the money for so they would pitch this credit stuff on me to fund money i personally think it is a rip off . i don't recommend renatus because all of this is a pyramid scheme to me people getting rich off of other people.
Account Closed Need investment capitol for a project/s in Belize?
14 February 2019 | 12 replies
Sounds like another Belizean Ponzi scheme similar to 'Sanctuary Belize' aka 'The Reserve' (google it) type of scam.
Matt Pursley Why Not Syndications?
13 April 2022 | 13 replies
Even now, during our epic run up, there are several ponzi schemes and dishonest managers that get caught every month.Been investing more with larger asset managers, private equity, VC, and various businesses.