It memorializes the rules, rights, responsibilities and structures, the roles and framework of the business, your agreements and roles of your partners, and most importantly maintains your limited liability in the event of a lawsuit.

I would like to see your deal portfolio(just framework) to make sure I am dealing with the right person and would split/partner with anyone who can help.  

If you are bringing 30/70% of the money & financing then that is a split of 15% and 35%So this would look like an overall 40%/60% split, and property management would be paid to whoever is doing it as a management fee out of the gross income of the property.Looking at the value split this way, you can rebalance it however it makes sense based on what you each are bringing to the table.Hopefully this way of looking at the framework is helpful for you!

This helps guide the conversation with the broker and ensures they have clear framework to operate.Lastly, no amount of underwriting, due diligence and/or talking on the phone is going to overcome physically touring properties.

Super clear, gives the whole thought framework as well as practical side of the actual investing.  

Not me.I have a framework.That framework "tries to" balance out a comfortable life vs. being just a toiling slave to a goal.But I will say this, I do enjoy most everything real estate.For instance if I'm sitting in the hot tub listning to music (or posting in here) and a call comes through saying a roof blew off, some people would consider that a huge hassle.But I don't look at it that way.

And that is (I believe) the framework of our Constitutional Republic.

My goal is to have the idea and framework by January 1, then line up interviews with 20 guests and then launch the podcast by March or April 1.

The way the conversation began had a somewhat judgmental framework so it’s no surprise the post took such a turn, but in taking a step back, it’s all the same message — we can’t buy everything we want all the time, so we make choices.

Licensed  agents are reaching out hoping to get involved with investors or invest themselves , more and more states are cracking down on the legalities of the wholesaling framework,there is a general disgust and distrust of wholesalers as a whole .