I am not aware of anyone who solves problems in a lasting way without a cash-flow positive business.Competitors and other solutions will have to monetize, eventually, in one of the following ways:- Make money raising capital themselves, and therefore be another GP (Fund of Funds)- Make money raising capital for sponsors - Make money serving LPs by charging LPsThe free components of PassivePockets will be supported by advertising dollars from sponsors.

Agents want you to support them like an employee, but they will never respect you as their boss.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to support@biggerpockets.com and someone will help you.

It appears to be that their focus might lean more towards collecting money rather than providing substantial support and outcomes.

@Kenneth P Ford they are a national franchise with great marketing.They also have some national support for their individual franchises, but it all depends on the local team.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

He won’t give up because he never wants to experience homelessness again he tells me.I’m reaching out for advice on how to support him better.

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Feel free to bounce ideas around here—we've got a supportive community ready to help out.

Does the lending support borrowing under a company or trust structure for tax benefits?