He also did a really great webinar series for investors titled "Tricks Syndicators Play to Make the Numbers Look Good."

Figured I would start a little series talking about my day to day in note investing and what the gurus do not teach you as they always make note investing seem black and white where in reality, most of it is in the gray area.Here is an example, you foreclose on a property and the property is still occupied.

The state is falling apart, particularly NYC, and until rule of law is restored, it will only get worse.During the 1977 World Series at Yankee Stadium, fires of building burning could be seen in the background, with Howard Cosell announcing that the Bronx was burning.  

I think The Short Term Shop has a video series specifically on STR Legislation in Branson on Youtube as well.

You do not need a separate LLC for each property or a series LLC!

You do not need a separate LLC for each property or a series LLC!

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Utilize the most efficient form of entities, Series LLC instead of individual LLCs, LLC instead of corporation (you can elect to have LLC TAXED as a corporation if that is desirable), LLC instead of limited partnership (eliminates the need for a separate entity to be created as general partner).  

I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ? 

After all, banks require a separate EIN for each series and each series is a separate entity for all purposes.My approach is to use both the series name and the LLC’s name in the EIN application.