It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

Consider doing this personally or using an LLC.

Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

I'm currently working with an estate planning attorney and she said she said we could put the LLC in the Trust but said she was not the best person to advise on the pros and cons of that and that we should talk to a business law attorney.

IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.

I want to start smart and scale up as I learn the ropes, but I’m personally struggling to narrow down which area to focus on.If you’ve done this before, what advice would you give someone like me?

This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's.

Looking forward to meeting you all virtually sometime, or in person on a visit to PT.