Some operators really need better training and education and drag down the great operators who are doing it right and offer a great service and product.

They're a credible operator.

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.

What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

If you plan to expand your portfolio, forming an LLC can simplify liability protection and operations for multiple properties.Consult a CPA or legal professional to confirm your tax obligations and evaluate whether an LLC or umbrella insurance aligns best with your investment goals and risk tolerance.This post does not create a CPA-Client relationship.

this works well if the tenant is a national user or multi unit operator who has built these buildings many times. 

The buyers I resonated with, who I believed in as operators–those were the people I was willing to be flexible with.

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.

Expect to spend another ~$8K for that.If you are planning to close all-cash and bring enough cash with you for operating expenses and rehab, you are looking at a minimum capital raise of about $3M and that is for a cheap 32 unit.