Generally I start the nagging emails and texts after about the 15th of the month and depending on the response I deliver notice by the 18th.

Losing 85% on a single REIT would’ve been devastating if you were all-in, but spreading out across 10 investments turned the overall outcome positive because of the winners.Here’s a few extra key tips to avoid big losses in passive investments:Focus on cash flow: Invest in assets that generate consistent income.

And considering I think a person who puts in plain black and white that integrity and character of the operator are key -- and then does something underhanded and incompetent is just mind-boggling to consider -- so I'm only left with a negative feeling about the documents these darned attorneys dream up! 

This separation creates a clear distinction between ownership and the right to revenue.That said, one key difference is the upkeep required for income-generating properties like homes or rental buildings.

Building Strong Relationships: The Key to Property Management SuccessIn property management, success isn’t just about managing properties—it’s about managing relationships.

Not sure how their program works but I've seen this personally a dozen times with the key part the insured not being aware...

You wouldn't want there to be a bunch of turn key rentals with high rental values on the market.

And if you build it the right way, you can always fall back on the long term rental strategy here too.Location is always key here.

The key to using leverage is to still have a lot of equity in the deal, have a lot of liquid cash to cover issues, and make sure the property has strong cash flow either way.

Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.