We’re “Members”, not employees, so we may not even be eligible, lol (haven’t spoken with my lawyer or CPA or researched further ).In the back of my mind I’m worried about the government having an equity stake or some leverage over our business.After the bank and auto bailout in 2008/2009, I remember a lot of politically charged criticisms by congress and other politicians over business operations in those industries for years until loans were repaid....$2K now doesn’t assuage my fears of that later.

For STNL (pharmacies, grocery stores, home improvement stores, Costco, Wal-mart, auto stores, national to strong regional corporate gas station brands, dollar stores, some national corporate credit QSR's, Davita Dialysis & Fresnuis) still have lenders bullish with 30 to 35% down and some have interest rates in the 3's.

@Scott Ublacker I recently completed a private lending commercial cash out on a commercial (auto repair) property in Newport News and the appraiser noted on the report that there were indications of a underground storage tank (UST) removal.

A couple features that TenantCloud offers that tipped me in their favor were: lease and notice templates with auto fill features, electronic signatures, extensive property and equipment detail, accounting feature and reporting, and a mobile app.

Credit card as method to pay rent auto qualifies as person recommending being Cold Hearted.

@Navid A.Might want to amend the operating agreement to expressly disallow reimbursement for auto expenses and require the members to incur and pay these expenses outside of the partnership.UPE can't be taken on expenses the partnership could have reimbursed.Your tax professional should be discussing this with you.

I haven't forced them to use Cozy but provided them the option with the benefits of:-accepts split payments for easy in budgeting-builds credit for future car or home purchases-no driving to the post office or paying for stamps-electronic receipts-can setup Auto transfer so you don't need to worry about it-no fee-accepts credit card payments for challenging times (like now)

You may never be in the auto industry, but if you ever plan on building a team around yourself to reach your real estate goals, pay attention to the leadership lessons in this book.

Are these Phase2 results typical for these type of auto service properties?

Hey All, I have a multi-plex that will auto renew next month.