If you don’t maintain your LLC according to your Operating Agreement, (What?

Hey Cecil, if you have the capital to operate locally, and it fits your goals to do so, I highly recommend doing that.Congrats on securing your primary though.

I'll also add that Bonnie's group is a great resource with operators from 0-Bonnie.

My origin story is from Operational side of things.

You’ll learn how to:✅ Work with different investors and operators✅ Understand the dynamics of real estate partnerships✅ Build relationships that lead to future deals🚀 Lesson: Every good deal is a networking opportunity.4.

Adding Value to Your WarehouseTenant Quality & Lease Structure: If your current lease is below market or lacks favorable terms (like annual rent bumps, triple-net structure, or long-term commitments), renegotiating could boost value.Energy Efficiency Upgrades: LED lighting, insulation, and solar panels can make the property more appealing and cut operational costs.Loading & Access Improvements: If feasible, adding dock doors, better truck access, or high-clearance storage can make your space more attractive.Flex Space Conversion: Depending on demand, creating a small office buildout within the warehouse can appeal to tenants needing mixed-use space.Diversification ConsiderationWith 70% of your income tied to this one property, diversification could make sense, but if it’s truly hands-off and cash flowing well, you may not need to rush a sale.

If passive investing is more your style, partnerships or turnkey options could work, but make sure to vet operators thoroughly.

I bet we would have made around $100k as a wholesale.

Have a plan for marketing, operating expenses, and scaling without overleveraging.

Savings: Hold the deposit here so it's separate from operating funds.