Simple and fair.First month received that $200 and was distributed as above, Everybody happy.Second month received $200 on time and PM break down that amount and claim there is $45 late fee, and all that $45 goes to PM account.

I'm particularly passionate about finding great deals.Outside of real estate, I enjoy dabbling in the stock market and trading derivatives, and an LA Rams season ticket holder.

Brian Davis How many of the syndications that were part of your "club" have paused distributions or had a capital call?

The same lead is distributed to every other wholesaler.

Any real estate ventures would be things I consider fun where I can participate in some fashion without doing the bulk of the work and I would derive some autonomy, mastery, and purpose goals from.  

Min buy in is 50k, pays quarterly distribution. timeline 5-7 yrs, getting very good loan from insurance co source at 6.75% or so with interest only on yrs 1-3 then no defeasance penalties thereafter if they re-fi or sell.

Just got 2nd distribution from Hotel deal on CrowdStreet. $20k qtly Dividend.

The next question to ask is whether you should have an operating agreement for your company.An operating agreement is an agreement among the members of a limited liability company that spell out the Members’ managerial rights and duties, along with provisions concerning adding new members, contributions, distributions, and so forth.

I am not sure why it matters the cause of the price increase or why you think the increase in RE prices derives from different economics than the rise in stock Prices.

On the flip side, this has presented some opportunities for the creative real estate investor as well.Some news story links and a snapshot of what has happened to prices in my city.https://www.cp24.com/news/video-shows-massive-fire-that-destroyed-under-construction-homes-in-burlington-1.6671785https://www.thestar.com/real-estate/toronto-area-buyers-are-walking-away-from-deposits-on-new-homes-some-losing-as-much/article_db451c58-5c4b-5269-8510-17095d5496e1.html Asset price is dedicate of supply and demandSupply and demand is derivative of central bank rate vs short/long term financingNothing surprise it is all in the math.