In addition due to prop 13, the tax base is a fraction of if it sold today.   

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

They use demand-based pricing like anyone else who cares about revenue. 

Based on our data, it. takes several hundred calls to even get an appointment. 

Looks like you’re in Hong Kong based on your tag line.  

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

Based on what you described above, it sounds like he used all the tricks he learned presenting on behalf of Dave Lindhal, just now in his own mentorship program (I.e. sponsor deals for students, crazy acquisition fees, big pressure sales pitch all throughout, etc).

If these continual expenses are not made  you end up with slum properties renting for a minimum weekly rate to transients.I don’t know your properties so I can’t form a specific opinion; however, based on the information you’ve shared I trust your opinion and knowledge.  

There are way better people to talk to that are based out of here and know the market like the back of their hand. 

I do not do a lot of volume, so it would take me a long time to get a good data set just based on those numbers.