If you put landlording next to exercising, exercising might be more passive as an activity.

This whole exercise may or may not make sense depending on the reason for doing it.

The resources we had:- a bank (conventional) that lends money up to 35k for 650 credit score- hard money lender with APR 120%- seller/community (who acts like he doesn't want to talk at all)- a real estate mentor that costs $35K to useThe "answer" to this exercise was:Use personal credit to borrow from the bank and spend the $35k on mentor, and then mentor has the "connection" with the community bank to negotiate a deal and brought a 70K property for 40K with FMV of $140K.

For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

Outside of real estate, I enjoy my kids, travel, exercise, wellness and I am also a former Financial Planner turned Mortgage Lender. 

Question - if you’ve contracted for a property you intend to “wholesale” - i.e. flip the contract - and that doesn’t pan out, do you exercise a clause enabling you to exit the deal, or do you close it in your name?  

Other things to note: there is an option fee the tenant has to pay (and you may keep if they choose not to exercise the option to buy).

Many people I know who leave do so because they have lived here so long they want to exercise other things while others leave for family reasons.

I am committed to doing EVERY exercise period!