Shaun Dewitt , I would say that a loose interpretation of contract law, DTPA, and the like could definitely make it illegal to enter into a contract that you knowingly can't perform on.It's one thing to say I'm going to try and wholesale this but if not I'll buy it and go from there, and another to go around putting a bunch houses under contract and then never closing on any of them; because you can't find a buyer.Unless the seller understands way up front that you're going to terminate if you can't find another buyer, and you have them sign off as such, it's perfectly reasonable that a group of people (sellers) could get together and ask the attorney general of a state to investigate fraud.

This is in NYC and I think this is a great market to enter at any time because there is no vacancy rate, rent is high, and the properties yield the highest value because of how sought-after NYC real estate is.

This is a must listen for anybody who is just entering or thinking about entering into REI.  

I tried entering it into a font identifying website, and it came up with no results.It's really distinctive in that the j is dotless.

The biggest flag for me was no paying before entering the property. 

But nothing specific (nor helpful) on how to enter the BPO market.  

Sounds as though someone is attempting to enter into the REI arena with little or no knowledge on how a real estate transaction works.

So if I enter the expenses on the rental calc, I would have to divide the expenses by 12 to get the monthly?

There is a very legal and ethical way to enter into a purchase contract and assign it to another prior to closing, but that isn't being taught by anyone!

@Joshua DorkinSorry to hear about the DDOS attack.I assume that's why I now have to enter a CAPTCHA before I can access BiggerPockets?