The Latest OTM episode calls out some markets that I've been hearing about for a while, ie Dallas, but one specifically that caught my ear....

.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

Tell us what you really think of the opportunity and ask more specific questions.

I would ask, when you say real estate, specifically what are you trying to accomplish or do?

Real estate is definitely a constant learning experience, and adaptability is key.Building connections with buyers in a new market can be a real challenge, especially when trying to understand their specific needs and earning their trust.

If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note. 

Do you think this issue is specific to banking services or what do you think is the root cause?

Consult with a legal professional for guidance specific to your situation.

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.