@James Dugan, Fort Worth has been known to crack down on PadSplits, but I do have several clients that are successfully operating there regardless.

I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.

We've developed a solid plan to continue growing, but I’m looking to create systems that will enhance our efficiency and help scale our operations.

We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.

They're a credible operator.

My overall goal is to generate monthly cash flow, and my current property might be a better rental option since it has equity.I’m also considering starting a business and purchasing the next property in the business’s name.

Even the best retail agents still lack the operations and understanding of what makes a good deal, especially if they do not invest.  

We don't mess around too much and strive to operate with integrity and insist all our stakeholders do the same.  

These properties would generate income, provide tax advantages, and appreciate in value until they were ready to retire.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.