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Old 12-05-2018, 11:41 AM
 
3,109 posts, read 2,973,235 times
Reputation: 2959

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apparently, there is a lot more money in teaching people how to set up an Amazon store, than actually setting one up....that and the bitcoin fraudsters are common in my parts. Oh, and did I mention I can beat Google at their own game? Bwahaha...run like Hell and put a check mark by the guys name, who suggested it...
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Old 12-05-2018, 09:51 PM
 
Location: San Diego
1,187 posts, read 1,329,632 times
Reputation: 1546
They are looking for bird dogs.
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Old 12-06-2018, 06:13 AM
 
11,230 posts, read 9,328,763 times
Reputation: 32257
One other point:


People have been investing in real estate for millennia. The US tax code is published every year, and tens of thousands of well-paid, expert people make a career out of studying it to understand the most advantageous legal ways to use its provisions to reduce tax costs.


Do you really think, at this late date, that anyone is really going to discover a secret to investing in real estate that allows them to make substantially higher profits than the legions of other investors in this field where the body of knowledge is enormous and there are thousands of years of collective experience?
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Old 12-06-2018, 06:49 AM
 
Location: Southern California
12,713 posts, read 15,539,449 times
Reputation: 35512
Quote:
Originally Posted by Adriank7 View Post
I'm paying off debt in a third of the time just by hanging out with people who have a higher financial IQ than I. You owe it to yourself to see what opportunities are out there.
This makes me want to vomit.

You don't pay off debt by having smart friends. I guess for this guy/gal a tree stump would be smarter than them. And "you owe yourself" is a worthless line of drivel.
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Old 12-06-2018, 06:57 AM
 
Location: Cary, NC
43,299 posts, read 77,129,965 times
Reputation: 45659
Quote:
Originally Posted by Slytrix View Post
They are looking for bird dogs.
Bird dogs who will pay fabulous sums to be "trained."
And, if they provide access to hard money.... Beware, Brother. Beware.
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Old 12-06-2018, 11:27 AM
 
8,079 posts, read 10,081,779 times
Reputation: 22670
Quote:
Originally Posted by Adriank7 View Post
This is what my friend who attends these meetings on the west costs said:

This is not a job. It's a community in the that holds masterminds multiple times every week in the same office. My tax liability as a business owner will be around 10% this year. I'm paying off debt in a third of the time just by hanging out with people who have a higher financial IQ than I. You owe it to yourself to see what opportunities are out there.

Might wish to examine whether this guy is truly a "friend".


My tax liability as a business owner is zero. Doesn't mean anything other than I either don't have much revenue, have a lot of expenses, or both. One bullet point with a LOT of corresponding info doesn't really mean much.
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Old 12-07-2018, 05:07 PM
 
1,530 posts, read 1,412,902 times
Reputation: 1183
Quote:
Originally Posted by Adriank7 View Post
My friend is trying to get me to real estate investment stating he is making a lot of money

Here is one seminar he advise to attend. I would think this is some kind of Ponzi scheme? You would have to invest money into it also?
https://www.eventbrite.com/e/downers...ts-11598452283
Anyone that tells you about how much money they are making and then offers you links or ways to do the same is a bunch of BS unless you're Jordan Belfort from The Wolf of Wall Street.
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Old 12-07-2018, 05:50 PM
 
4,565 posts, read 10,658,413 times
Reputation: 6730
A friend? Someone trying to scam you? Add you to the list of other people he scammed into this?

Time to re-evaluate who you call "a friend"
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Old 12-07-2018, 09:38 PM
 
Location: Minnesota
2,609 posts, read 2,191,390 times
Reputation: 5026
Scam. My husband had someone he used to work with come over and tried to high pressure him into siging up for insurance that had a cash value down the road. He said instead of contributing to 401k with a 50% company match we should spend it on insurance... Well what if we need to cut back on the insurance for 6months or so would we then lose the money, yes of you would lose it.....no thanks. Scams all over. Usually get rich quick. Usually too good to be true. Hey I have some great real estate at a terrific low cost to you but have to buy NOW. Hi, I'm a Nigerian Prince.
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Old 12-10-2018, 02:29 PM
 
1,734 posts, read 1,203,549 times
Reputation: 9516
If someone said, "Hey! Don't forget the "mastermind" at 10:30!" – uh, no.
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