John Smith is licensed to do HVAC work with a dba to The-AC-Corp, you call The-AC-Corp and you get an estimate from James Miller and he does all the work and bills you under the The-AC-Corp with his name on the invoice.

A wise investor will not try to get rich quick with shortcuts.

One potential word of caution: I asked ChatGPT to compute the IRR of a fund based on certain criteria (which is normally alot of work), and it spit it out instantly with a ton of analysis and which all looked and sounded super impressive.

Loss of foot traffic from Hybrid Work and California's decreasing population in certain areas.These rising costs are not unique to Rubio's Restaurant nor any other type of retail business.

Real Estate has been hard work, and very rewarding.

These fly-by-night people charge low, thinking it is easy work and does not take any time.

🤷‍♂️Love this post and what Scotty posted.Congrats on your success thus far.As much as I love real estate and business it never is passive and never will be totally passive unfortunately.There is always a risk component involved and a reliance on someone.There will always be that gut wrenching phone call that makes the stomach turn.It all come's down to how much is enough for someone to live a happy life.I unofficially retired at 28 and am back chasing now at 36.Parents and family are getting older and have a huge will and in a way pressure to retire my old man.A beautiful person and father.I've checked off mum and uncle from the list hahaFew more to go lolI am and always will be a "real estate guy" per se but a few years ago I asked myself this question:"How can I get the highest possible return, with the least amount of risk, without doing any work and without involving anyone else?"

You have to do the work and with PD you will work smarter! 

Now I'm in a position of having to find someone to be with him while I work and I want that someone to be me. 

This is a slower way to grow your capital but you can learn about how syndications work and decide what aspects of the business appeal to yup strengths and resources.