A land trust primarily obscures ownership, but its role in your structure needs clarification.

Once you become the homeowner, we transition into a property management role and handle the day-to-day operations of the rental.

I aim to allocate a small amount of funds toward a Roth IRA and a high-yield savings account (HYSA).My current job offers limited opportunities for overtime, so I’m exploring side work related to real estate, such as part-time property management or similar roles.

For newer CRE developers working to establish credibility for larger scale deals, I’m curious about the role of financial documentation in building trust with brokers and sellers.

In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.

Market conditions also play a role, including the availability of contractors, appraisers, and lenders.

This pivot just seems crazy risky so I listed the property while I'm analyzing this further.

These investors were looking for Passive income, but they didn’t realize they had to fill the role as an Investment banker and they didn’t have the skill set or systems to do that.  

We are all overly optimist about our own knowledge, skills, and abilities (not a lot of people will say they are below average investors, even when they know nothing) AND we overestimate the degree of control we have and underestimate the role chance plays in our future.2.

I'm sitting in Omaha these days, but I’ve got a soft spot for these strategies because I’ve seen clients pivot from holding tight to their equity, to making bold moves that expanded their portfolios in ways they never imagined.