Very cottage-y too. 

One problem is you have no idea if the coach, instructor, etc is an y good until after you have paid you money. 

Originally posted by @Daniel Y.

As well, they are putting their own skin in the game by putting in 20% of the equity for each deal.The investment would look like this on a hypothetical project of $1,000,000Investment:Mtg (70% LTV): $ 700,000Managing Partners: $ 60,000 (20% of the Equity Needed)Equity Partners: $ 240,000 (Balance of Equity Needed)Ownership:Managing Partners: 85%Equity Partners: 15%In addition, the Equity Partners would be paid a preferred 8%.Based on their projections (and lets assume they are right), the Equity Partners would end up with ~20% ROI / Y + 15% of net proceeds on exit.So ‘work’ free 20%/Y + longer-term capital gains; what’s wrong with that??

Hello everyone,I am a 19 y/o entrepreneur interested in Real Estate investment (specifically fix & flips, and both residential/commercial development).

@cam@Cameron Harris There is a saying that I found that work for me, "The harder I work, the luckier I get."  

Y-o-Y, all is looking fine, but THIS is the month I was laughing about last month, when the Gurus (the paid ones) were shifting to Month-over-Month to see Green Shoots growing like weeds..

Hello :) I just signed up recently and am very exited to hear from all of you.quick intro about me, 20 y/o male , recently got fired from job, and is now starting my education into Real Estate.I recently took a 3 day seminar from fortune builders about the basics of investing, they made it seem so good and brought up the concept of wholesaling and I was extremely curious.

Currently, he just gives me a weekly bill: Jim - X hrs and Y rateFred - A hrs and B rate, ectHowever, there is no scope attached to it; nothing classifying it as improvements vs. repairs.

I would only add that you should keep the returned application for your records, and add notes on how/when you notified the applicants of their approval, but heard nothing back as of X date, and approved next potential tenant on X or Y date.I guess sate laws on statutes of limitation for civil suits (like alleged discrimination, charging fee but not running credit reports, or running credit reports with no application, etc) vary.