![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2906731/small_1703873453-avatar-nicholasd374.jpg?twic=v1/output=image&v=2)
30 December 2024 | 7 replies
Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3177402/small_1738345430-avatar-allisonc98.jpg?twic=v1/output=image&v=2)
2 February 2025 | 6 replies
That will be a future option we look into with multiple properties and tenants but we can handle this one for now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/131169/small_1621418358-avatar-britt.jpg?twic=v1/output=image&v=2)
21 January 2025 | 3 replies
We will do multiple cheaper studies in this case, or bulk them all together into one.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1909406/small_1701041679-avatar-jonathans599.jpg?twic=v1/output=image&v=2)
7 February 2025 | 8 replies
A CPA ensures compliance with IRS rules, maximizes deductions, and avoids costly mistakes, especially for higher-income earners with multiple income streams.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/224716/small_1621434440-avatar-mksmith.jpg?twic=v1/output=image&v=2)
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2868465/small_1698941427-avatar-philp92.jpg?twic=v1/output=image&v=2)
1 February 2025 | 6 replies
If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2443506/small_1736641960-avatar-jacobc455.jpg?twic=v1/output=image&v=2)
23 January 2025 | 3 replies
We vetted a handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/323201/small_1694934393-avatar-hilllbillly.jpg?twic=v1/output=image&v=2)
26 January 2025 | 54 replies
I am not saying everyone needs to pay for a mentor....there are multiple ways to get into the game.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/635985/small_1695050154-avatar-jp32.jpg?twic=v1/output=image&v=2)
3 February 2025 | 8 replies
I've done and been a part of many Chicago zoning changes...they take a very long time and a lot of upfront money...unless you are planning to add multiple units and do a full renovation, the ROI is probably not there.