Those pesky "Real Estate Investor Seeks Apprentice" signs...

OK, I was drivin' home from Mom's today and I passed a trailor parked at a major intersection that said, "Real Estate Investor Seeks Apprentice, learn how to make 20K+ a month" followed by the phone number. I called and left a message. I am wondering if folks that put these signs out are on the level. When/if this person calls me back, what kind of questions should I ask?

I am very new and very interested in real estate and taking my first class this summer at a local community college so I can get my "starter" license. And I really appreciate any help and advice I can get.

Thanks,
Dave

I've seen the same signs. Seriously can anyone expect to be paid $20K/mo to be an *apprentice*?

If I recall those are handwritten signs . . .

Let's see, this investor is supposedly making boatloads of $ as the So Cal market tanks & all the other investors are getting out & this investor is sticking handwritten signs in front of trailer parks & along highways? Does this make great sense?

And this same hugely successful investor is trolling for apprentices w/signs on the highway?

My advice would be to find a good broker who has the time & will to train new agents, get your license and learn from your broker while attending seminars available via your local board & other legitimate sources.

"Real Estate Investor Seeks Apprentice, learn how to make 20K+ a month"
Donald Trump is hiring again.

Ya, I kinda figure the person that put out the sign is looking for cheap labor in fixing up houses and doing grunt work under the guise that the folks working for him/her is gonna someday be making big money. I was just curious what you guys thought.

Thanks!!

Hehe That investor sure has a large area they are covering. I have seen those same signs up here in No CA. Starting to look more like they are looking for investors or new agents.

Yeah they definitely are everywhere Im in southern Utah and they are plastered all over my area. When I was first thinking about Real Estate I called, maybe I could learn something. I got a recording saying "bla bla bla bla, to insure that you truly are seriou about a career with us, please send a refundable check of $50 to bla bla bla bla."

Some Investor is seeking an apprentice on the back of a bus here in Sac. Too much.

There are tons of these same ads on Craigslist. Most are placed by Nouveau Riche University members/investors/apprentices. I think basically a new "apprentice" is asked to pay $8,000 or $16,000 to participate in NR's "investment" series of classes. The new member then is expected to recruit at least two new "apprentices." The first sub-line person's joining fee goes to the upline and the second sub-line person's joining fee reimburses you. So you have to recruit two people to break even.

I'm sure if there are any Nouveau Riche zealots on the board, they can correct my explanation.

If you Google Nouveau Riche you will find accounts from some people who claim that Nouveau Riche is positively the greatest thing since the beginning of time. Others will contend they are slime, marketing themselsve under the guise of creating "investor apprentices."

The signs have now invaded Virginia as well. Lucky us.

-A

Invaded Orlando FL too! been seeing them for months now

Reall they should say "Bandit Sign Maker Seeks Apprentice Bandit Sign Maker"

I haven't noticed them around here. It could be a Nouveau Riche technique or any one of a number of real estate gurus. Or of course maybe it's an investor looking for bird dogs.

is it really a pyramid scheme ! how funny...ive seen those signs all over san diego... and yes they are hand written!

i once considered calling but the handwritten sign discouraged me. i figured it was some sort of scam...i mean come on,...at least get a printed sign!

I've read on investor sites that the hand written signs are very successful. I've seen other hand written signs for example for brand new mattresses and you call the number it's actually a warehouse (when you're thinking it's just someone that threw a sign together). If it works you'll see people doing it and if it's cheap you'll see more and more of them.

Seen them here also in Southern California. Sounds like a scam!