If you go through brokers or even reaching out to sellers, it's a good idea to keep in mind how they will see you.

NO for sure IF you are doing your first deal then 75 25 is totally appropriate in my mind. 

I’m curious what markets you’ve invested in if you don’t mind sharing.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.

I've seen smaller guys do a good job on 49 projects in a row than totally blow it on the last project.

Owner occuppied loans regualted in every state .. must have state license and NMLS registration.NON owner occ loans on 1 to 4 units are regulated same way in about 15 statesin the other states they are unregulated.Keep in mind though investor loans do not follow the same rules as owner occ and rates can change charges can change closing dates can be blown through etc

Hey everybody, I've been listening to BP podcasts for a couple years now, and I'm excited to finally get in here and start accelerating my learning and meet some like-minded people. 

If you have 20k set a side keep in mind you may need to dip into that money if the seller won't deliver is POS complaint.

Age doesn’t limit you a small mind and lack of creativity does.