If he had all this money in thepast, why was he being sued so many times?

The MFM group is a machine that churns out many people looking to become MF investors.If you are interested in learning more about commercial RE, not just MF, there are many online virtual meetups as well which can give you a lot more exposure than just your local market for in person events.There are also other, more affordable, options to continue your education rather than paying a large amount for a mentorship program right away.Happy to share these with you if interested.

They do public debt funds, apartment complexes (in Southern California and the Southeast), car washes and self storage.

Quote from @Jennifer Andrews: Foreclosure RescueMortgage: $385,000 [valued at 475-520]Seller walk-away: $10,000Wholesaler/Chris: $5,000 at close + $3,000 upfront consultingRehab: $8,500 total ($3k upfront, $5.5k at close)Realtor commission: 6%Closing/title: 2%Monthly carrying costs: $3,000🔑 TakeawaysWith 2 months hold, you’re fine at $475k+ (profit $13.5k–$55k).With 4 months hold, $475k is basically a wash; you need $485k+ to net five figures.With 6 months hold, you’re losing money below ~$490k.

An answering machine did pick up and started with "Hi, this is Linda".

Hearing from many testimonials by talking to real Padsplit owners in person, it seems to be a true cashflow machine coming from a single family residence.

Somebody I know bought a car wash syndicate and lost money.  

We are power washing the exterior and porch (and staining it), fixing gutter downspouts, removing trash from the property, putting up exterior lights and security cameras, getting lead certifications, etc. 

Always expect a project to run into issues, cost more than expected and sell for less than expected and you will make money.The biggest advice I would give first time flippers is try and get with a seasoned flipper in your area and see how the process works . . . buy a few lunches and roll up your sleeves if possible and it will be a cheap education that will save you a fortune in the long run.It is easy once you get the machine moving but making sure you do not find yourself with the machine in flames at the start is key.

., seller carry).Biggest thing I learned is that wealth comes less from stacking doors fast and more from turning your first asset into a smooth, cash-flowing machine.