This is what can go wrong when you have beginners wholesaling who have no training in real estate, no experienced managing broker to go to for advice, no license, no E&O insurance, no knowledge of how to avoid scams, no regulatory body to answer to, no relationships with other quality people in the industry like title companies, lenders, contractors that they can refer to help people, etc. 

You learn the most about being an agent in the field and by choosing a good first brokerage with good training either in-person or online, depending on your preference.

@Coty LeBlanc I originally used it as a set it and forget it tool and it was better than not having I suppose, but then I really dug into training and learning and I saw 50% increase in one property and 20% in the other.

My AC unit has another 3-5 years before it’ll need to be replaced so I’m thinking this may be a clean exit before large big ticket items start needing attention in the next 5 years.

Unless you somehow manage to increase the ARV of the properties by like 50% each, within a month of purchase or something, and then instantly refinance and move on to the next one, which also appraises 50% higher than purchase almost instantaneously, allowing you to keep the refinance-out train chugging along, I just don't see how this pencils out.Can someone who has a better eye for these things spell this out for me? 

Those that have not been through it are talking about training and theory.

Just like any real estate investing, there is always risks but we are well trained in the community on how to ensure we are protected (including the right paperwork). 

We have the licensing, training, and degrees to do what we do.

If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.

(BTW I was told there was a Landlord training session in early 2016, did anyone know about it and did anyone attend?)