First of all what I'm trying to understand is a clearer definition for a very broad term; Crowdfunding.As you know there are many different websites that started the term.

I was searching the internet for legitimate Real Estate Investment information and came across your website.

I hadn't found that web site yet.

@Ankit Duggal @Jared Cucci I'm not sure what the policy is here in the forum but can you share Pellegrino's contact details or website (if they have any)?

Most of the buildings have 100% occupancy with tenants filed from a respectable PM firm that have been managing the properties.

In most situations, you are required to file state income tax returns and pay tax on your respective share of income.

The housing bubble busted him too for speculating.My goal in real estate is to get out of the rat race and become financially free in 15 years.Last but not least, I found bigger pockets googling for a website that I could share my excitement of investing in real estate and learn from the people playing the game I would like to win in.

deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.

I'm getting a lot of hits on my website from craigslist ads, no deals yet but hits are better than nothing.

There are some websites like hungryagents.com that offer agents the opportunity to bid, offering discounts, for your business.