I'm located in the Grand Rapids, Michigan area and am open to properties basically anywhere in southern Michigan (anything south of Muskegon from Lake Michigan to Lake Huron is fair game imo.)I now have a fairly large nest egg of cash beyond all of my other investments (stocks, bonds, treasuries, crypto) and I want to turn that cash into a real estate investment or investments and I think my deep background in tech, systems, and marketing should be able to help me substantially.It seems to me like BRRRR on multifamily units makes the most sense, but I'm open to suggestions.I'm basically retired at this point as the only work I do each week is 3-4 hours of consulting for larger tech companies and I'm on a couple advisory boards.What are the best first steps in building a team and creating the systems necessary to start making deals?

Nice River,Great choice! 

Hi Charm,Are you trying to create criteria for the next time this happens you know if you will automatically deny it?

Actually you may not even to create one, this is the output of summary using NLP based AI:Question: according to biggerpockets forum, shall LP investors participate into multifamily capital call ?

I strongly believe in the potential of the real estate market to create promising opportunities for all.

I was moving forward with them but was just informed i need to sign CA form D-1 which states "the insurer does not patriciate in any of the insurance guarantee funds created by California Law, therefore these funds will not pay your claims or protect your assets if the insurer becomes insolvent" .Seems kind of risky but does anyone have any thoughts on this?

It looks like that may have changed in the recent past so that at TRUST account did not have to be created.

I am also curious when creating your mailer template what is the key part you focus on to make your mailer unique compared to everyone else sending mailers?  

This trend has continued into 2024, with an increasing demand for rental housing driving up prices and creating affordability challenges for middle-income families.To address this issue, developers and construction companies have begun to explore innovative solutions such as “Build-for-Rent” projects.

We can create an effective Calling Script and Schedule Appointments with the homeowners. and if it's a flip or rental I keep I would just give him an agreed upon commission for it?