Language included in these schemes include: “tying up the real property,” putting the house in contract until a buyer is found, and placing the home in contract for the purpose of re-selling the property.

Real estate is not a get rich quick scheme.

:@Elliott Elkhoury agreed as far as staying as far away as possible from this pyramid scheme.

I will tell you 1 scenario that will show that it is ignorance and not any conniving, diabolical scheme.

The splits/caps of larger RE companies feel too much like a pyramid scheme to me. 

There is no secret get rich quick scheme out there.

All other areas within the same distance in ITP either take too long to get to, have no amenities to attract growth, or are totally priced out.A few of the beltline trails have already been sectioned off or at least primed...that's pretty low cost in the grand scheme of things.

After a few months the people realized we were serious and started calling and further realized we really meant cash and not some "scheme" as they put it.

Quarles above said he thinks assinging has major issues and so do I if your bringing two people together just like a broker does.. and its not just an odd occurance but its your full on scheme its what you do it your whole business modelSo to that end I got tired of is this OK or not in our State Oregon  and I got a mail chimanzee thingee on my emial.. it was a wholesaler I doubled checked that he did not own it..

If investors did their own legwork and found their own deals wholesalers wouldn't exist.I think a lot of people get into wholesaling thinking it's a get rich quick scheme.