Hello,Like most realtors I started in that traditional residential market but with the cool down I changed gears to investor market.I have worked with historic and traditional reo and short sales, being a part of an investment brokerage with a large network of investors approximately 65+ K we have been up to date with market demand.Over the last eight months, Bulk REO's have become in high demand and some of my colleagues and myself switched towards working in that market.The problem that I come across time and time again is misrepresentation, false packages and unfulfilled performance that unfortunately causes loss of clients.Any advice in terms of finding concrete contacts that are close to the sell side and how to disqualify pretenders right off the bat?

The agent can be giving the sellers false hope to pull a lot more money out of the deal than what can be taken out of it, or the sellers have their eyes out of the range of reality.

I feel like by saying go big or go home, it’s giving newbies false hope and setting them up for failure.

News sources have come out saying Las Vegas is on a real estate bubble, I can tell you that is completely false.

I consider avoiding fees by doing it yourself to be a false economy unless you have nothing better to do.If I can't make more money finding deals than I could by paying myself management fees then I am in the wrong game.

An LLC doesn’t protect you against fraud (things like false information on a loan application, deception, being accused of taking advantage of a vulnerable person, and so on.)Here are some things that can go wrong when using an LLCThoughtfully written by @Paul T.All my REIs are in an LLC!

I went through the information posted here and some of the information is false...as in buying a 2 family between 50-150k.

Got a false start in real estate back in 2008 when I had a great job and had been reading about RE for a while - started shopping around properties with an agent, and was ready to put in the first offer on a flip... then I got laid off, and a few months later my girlfriend lost her job too, so that nixed those plans. 

There might be ways to benefit from what it has to offer, but what I feel comfortable saying is that they engage in a LOT of false advertising (notice I don't say "misleading" or "deceptive" -- saying you offer phone support when you don't is just plain-old "false").

I'm not saying the data is false, but I question the impartiality of the source.