Ongoing Fraudulent Practices: The cumulative impact of a blatantly fraudulent business model, the long 12-year run, the concealed involvement of a barred CFO, a new Florida venture also in “money-raising mode,” and aggressive advertising make this company a financial fraud superpower.11.

He practiced that well and his son is now one of the largest developers in the country, if not the world.The nice thing for investors is that there should be a 2-3 or maybe 4 year gap in major apartment developments coming online. 

To make a long story short, i am told there are quite a few complexities and fees that make it only practical at scale.

Learn how to underwrite deals by practicing.

I could be totally wrong, but I am just looking at it from a practical standpoint.

I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.

Most LLCs are set up for liability protection or similar non-tax reasons, and especially in CA, the penalties for "non authorized" practice of law are steep that a lot of CPAs will not even form the LLC for their clients. 

Smart guy with the most practical advice, some great books, and he started in California.

While the “debt to equity” practice may not meet MY PERSONAL definition of “fair”, in and of itself it is not illegal, unethical, or fraudulent.Truth is if the posters warning about the subject have accurately portrayed the specific situation, there is cause for concern.  

I understand the challenges and competition in this field and am willing to put in the time and effort to learn and grow.If you have any advice on how someone in my position could gain practical experience or alternative ways to get started in real estate without significant initial capital, I’d be eager to hear your thoughts.Thank you for your time!