Then, designate a registered agent who will receive legal documents for the LLC.

Horses will also designate a bathroom area and that area will be a urine and poop landfill.

The support, mentorship, and resources we provide are designed to help you succeed in real estate investing.Check Out Our DealsFeel free to visit my BiggerPockets profile to see some of the deals we’re doing with our partners.

Figured we could try to negotiate lot premiums, design incentives and closing cost incentives ourself. 

Whenever someone has a situation requiring specialized real estate expertise and I recommend they retain a professional with the CRE designation as a consultant, they inevitably ignore my advice and instead hope to obtain “free” consultation.  

Only superior design and amenities are winning.A few markets with strong cash-flow and lower saturation would be Bradenton FL, Clearwater/unincorporated Pinellas County and Hollywood FL.

I’m very skilled at construction job costing, inspections, design, and management.

Hi David,(1) I don't have much to invest ($280-$350k) and would want to diversify across different properties anyway (some DSTs are diversified, and I can probably pick up three different DSTs with my proceeds);(2) no direct participation in managing properties (tired of it);(3) illiquidity is not an issue (looking for a 7-10 or longer horizon, will need some cash 8-20 years down the road to fund the kids' college);(4) prefer paper investments in general, would be able to hedge declines in the real estate market with financial instruments (have a Ph.D. in finance and a CFA designation, but a newbie to RE exchanges).

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

That's where you'll find spreadsheets designed by the community members to share.