The odds of default go up significantly for those who have no skin in the game.

I didn’t have much money and needed to find a way to get in the game. 10 years later, I’ve got 29 SFR that profit 19k/month (not including things breaking or vacancies).

This is the best way to get into the game, you get live in it while you're investing.

Suggest you get your game plan in place first then go forward once you have the goal in sight.

And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.

I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.

A simulator/game could really help with that.

Once this spreadsheet is built out, there should be no more questions about the game plan for your rehab.

Very new at this game I live in cottonwood California and I would be interested in going to meet up if my schedule would allow.

Howdy, I have been in the game for about 10 years now and have mid seven figures of real estate assets.