.💫 We work with rental propertyinvestors and I’m always trying to learn more so we can educate our clients.

For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

This thread is getting old but thought I'd add my $0.02 anyway.I've purchased non-performing assets from PPR and, back in the day, went through their education program.  

It takes education, time, and discipline.

Do you want other people to reach out with deals or do you want to educate other people on how to be an investor?

Additionally, it’s helpful to educate tenants on ways to conserve utilities, such as using energy-efficient habits.

Although the call was educational, I did not learn of these allegations until a day later.

@KJay BratcherMost of the online education and in-class education about the material is mindnumbing and you won't be using 95% of it in your day to day LOL! 

Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.