Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front. 

. ✌️ (and don’t forget to calculate short term capital gains tax - that’s why I prefer passive income over flipping)

I prefer service over anything meaning a property manager that communicates with me whenever I have a question and is quick to solving any problems. 

Thank you, Do you think families treat the property better than individuals?

@Bob Asad I like the individual sub account method escrow account, but there are multiple different ways to hold security deposits and multiple laws in different states.

And I much prefer a group where the members are also getting rich (not just the organizer).I am not paid by Brad!

., preferably with a great outdoor space.

I have partnered with individuals on fix and flips but my goal for 2025 is to buy my first LTR.

This is some of the most desirable and difficult to develop real estate in the country, owned and operated by many of the most powerful and affluent individuals and corporations on earth.