i want to keep the group small. not like industry scale crowdfunding.if I can find a property which has okay cashflow (which is hard anyways). and can collect around 10/20 people who wants to invest some cash each.I build a company to own the property and give each person a share. and give yearly dividend to each, until sold.

@Brady Parmentier, you need to tell people what state you're in because how property taxes work differ quite a bit from area to area.

A lot of people get stuck in analysis paralysis and the cost of the special training/programs combined with the equity lost by not being in the market and passing up on good properties ends up costing them more in the long run. 

You just need to actually call people and ask for referrals nonstop

But neither are the people selling you that you can get rich quick using other people's money i.e.

It is very normal for people to have second thoughts or get cold feet.

From your tenant's perspective; you purchased the duplex, jacked up his rent, and moved a bunch of people in next door.

I'm currently using both to see which I like better.Word of caution - it's really hard to drive traffic to these sites, as most people just want to use ABB & VRBO. 

Many people lose money on their first flip so this is not bad at all for a first one.

Personally I avoid them because I have a problem with other people telling me what I can and can’t do with my property.