@Kimberly James Awesome that now you have the REI mindset going that your ears are attuned to anything that may present an opportunity (it's amazing how that works subconsciously).I have 2 unsolicited pieces of advice that I gleaned from joining BP - which I think was about 2 years ago - reading posts, networking, etc.The first is if you have no real estate experience and have never managed or been the participant (i.e., property owner) in a major rehab (which sounds like what this apartment is going to need to fetch top dollar) then doing it from a distance is going to be tremendously difficult. 

I found it again, and this time, I'm committed to turning it into reality.I genuinely respect the community you all have developed here and look forward to participating and getting to know you. 

Thank you for making some of us aware of both legalities and food for thought as we continue participating in the RE marketplace.

I have been working with buyers and sellers, but would like to focus on performing BPOs for financial institutions, which will help me supplement my income between closings.

Bren family, (Irvine Co), CBRE, among others as well as the medical institutions are aggressively going after land for expansions.The newest media darling is Anaheim in the Golden Triangle I think they call it.Google it, you'll see who you're up against.The Irvine company has even strayed outside OC and bought near Valencia.We just don't have much land left,......my .02

I participate in the GJ market and am happy to share knowledge.  

I come from the large institutional type development world so one off single family deals is new to me.  

Your attorney can produce a Joint Venture Agreement or an Equity Participation Agreement to cover the terms and distribution of profits.

However overall this should be a net positive effect because the more people you have participating in a market the more liquid that market becomes thus making it a more efficient market.

Hi,    Anybody has any recommendation of any financial institution accounts that are non-interest bearing deposits,  to hold the tenants deposit amounts?