A great way to start is by attending RE events and joining a local investors association.

I liked the reduced crowds more intimate event than especially last year’s event.  

@Mike SmithyIts been a while since I was licensed in Texas, but I seem to recall that the landlord can only deduct actual financial loss, in the event of a premature vacancy.

Too many in your shoes focus all of their time and energy on preparing for the liability event and fail to address the items in their day to day business that can actually prevent liability exposure.

In fact, Pace Morby is coming to Grapevine on the 9th at the Gaylord, and that should be a great event to network.Just my two cents.

At that price, I suspect they don't get very many students at once. well i dont personally know. but when i was doing loans for Armando Montalongo's students and Nick Vertucci students at the 40k event there would be at least 200 paid participants. and about 350 to 400 folks in the huge conference rooms and then about 10 break out rooms to discuss other real estate niches. 

I need to setup the trust to assure my beneficiaries don’t have to go to probate in the event of me passing.

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

In any case there is no taxable event yet.As far as your brother is concerned, it again depends on the nature of the transaction. 

When we opened our tent and event rental business (with a small out of pocket cash investment in equipment), my wife asked for a business plan.