It's about a sports tout who calls himself Steve Stevens.

I recently paid $50K for access to a “tribe” where I, as a complete newb with no relevant industry experience at all, was taught to stand up a webpage touting the benefits of multifamily and then come and start posting here.I was taught to attempt to attract money from people like you who have recently come into a large pile of wealth and have no plan whatsoever.What I will do is take your money, and give it to this random other person in my $50K mentorship program who also has basically no experience raising and deploying capital.When I give them $100K I have raised from you, I will be given a 10% finders fee of $10K.

This will queue agents touting their local area. 

I think its somewhat irresponsible though to be touting this when folks take on such risks that we are seeing where they think they are going to make a bunch of money then they get their hands slapped.. which is my point about being correctly zoned and permitted .. do you think that is a bad thing ??   

Their concepts are based on hypothetical numbers and unreal projections so their math is skewed, and yet they come into real estate websites to tout how great it is to borrow your own money at less than you gave the insurance company plus high fees because you have a life insurance. 

A manner which is NOT being touted far FAR too often and which the vast majority are completely violating. 

I'm looking for a way to free up my time and invest to give my family a better life.There are several ways to learn real estate investingSome people tout reading everything and watching youtube videos all day.

Profit is projected to be $20k, but I also learned how to qualify better.Yesterday, we reviewed a profit that my realtor was touting as having a potential of $100k; when I did my own numbers, I came up closer to $40k if it can sell.

They all like to tout their killer deals, yet it’s usually hard to hear about their losers.2- syndications (good and bad ones) tend to make easy money during up markets, get a lot of publicity and consequently many investors.

What percentage of investors do you think check to see who actually owns the properties touted before sending money?