I’ve heard your concerns, and BiggerPockets is stepping up to provide stronger support and more robust education to empower passive investors.That’s why we’re creating PassivePockets.This isn’t just another platform; it’s our commitment to bringing transparency, education, and a true community to the world of passive real estate investing.To make this a reality, we knew we needed more than just an idea—we needed a partner with deep expertise.

FL is super efficient, and not a bad model from the investor point of view. 

If you are an experienced real estate agent or a property management company with local expertise in the Jacksonville market, I would love to connect.

There are many organizations that can help with this.If you are thinking as a business model, it is going to be a struggle.

Agreed, the "Syndication", "Private Equity Real Estate" or "DST" model are all variations of the same theme: - Pay money to sponsor who is supposed to be an expert investor.- Give them complete control over your money in the context of the deal or fund. - Wait and hope that they deliver returns. 

We are excited to get started but want to make sure we set ourselves up well by talking to folks in the field to set up our business model well, find great real estate agents and investors that work in our area, and see who else is out there doing it in this area.

If you want to have one, fine, but they are unnecessary for a small business model like yours, just another expense as far as I'm concerned.

Do you have any expertise here?

Here are the costs we use for our market when modeling projects. 

If I place complete trust in my PM's knowledge and expertise, but they take advantage of my ignorance, how far does it have to go to become fraud?