I remember my first Airbnb in Denver 11 years ago in my basement studio (different life).

Since you can't escape CA LLC registration, if the property is based here, and if you are a resident here, may make sense just to form a CA LLC and simplify your life and your costs.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Why would you want someone learning on your dime on what might be the largest investment of your life to date?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Investing in a syndication requires you to understand the expected return ranges for a specific asset class.The benefit, in my opinion, of investing in a syndication is the time you save so you can go ahead and enjoy your life while getting a stable return.If Class A real estate is giving a return of around 8% annually, I would look for sponsors to provide you with a similar range.if someone is offering a much different return, I would run away.Best of luck

@Tracy YenWhen I was faced with the same options you have, I went and hired a life coach.

Awesome approach, it is best to meet with the agents in real life, see the neighborhoods and get the vibe in real life.I usually talk to them on the forum for about 6 months and then take the next step..to see how dedicated and professional they are .

Your lender will likely base the loan off just one income/credit though (at least that's how my lenders have done it)I would personally advise against it - life is a windy road and you never know when one of you may want out of the deal even if both have full intent to stay in from the onset.

I have never had an experience with any other person in real estate or in life that has been as honest and prompt and available as Joel has been.

After about 6mo I ended up meeting the love of my life which opened my eyes to thinking further down the road than I had been previously and although I really enjoy the Casino Marketing game, I soon realized it would not be the best path to achieving my life/financial goals for my future family.