With respect, private money is not a commodity item like a book or laptop that you can buy online, and perhaps enjoy the protection of a credit card.

I guess each buyer will have to determine for themselves whether or not the LLC is financially beneficial based on the savings and benefits the LLC could provide them versus any taxation drawbacks.

My goal with REI is to ensure a comfortable lifestyle through a smart and diverse holdings and attain true financial independence; I also want to help other like-minded individuals and do the same! 

The ultimate goal for me is financial freedom and the ability to share the change in lifestyle with others. 

My predicament comes from the situation of living in one of if not the most overpriced real estate markets in the world right now.My goal in joining this forum and building relationships with the people on this site is to navigate this difficult real estate market in order to advance my financial situation to better the life of my family.I understand allot to starting in this game is taking action and not sitting back on the fence but I find myself in an area that doesn't allow for an ideal return on equity as far as real estate investing for flipping/renting for positive cashflow.I look forward to having productive conversations with the fine people here on biggerpockets forum in hopes of helping other people succeed while succeeding myself in the ever changing world of real estate.Cheers,Matt Bouwman

I'd suggest defining what financial peace of mind is to you, and focus on elements of this biz that will get you there fastest.

A good agent will ask for POF, require a reasonable inspection period, and protect the seller from unlicensed brokers.

Higher interest is their hedge against the chance that you default.That said, there are basic protections that can be put into place besides just "your word", and a lot of them have already been listed so there's no need in restating (mortgage, alternative asset backing, etc,). 

And unless you incorporate a bookie effectively, there’s a high likelihood it’ll do nothing for your financial freedom.If you’re working five days a week at your job, that’s great.

The Consumer Financial Protection Bureau alleges that ITT also misled its students—a charge the company strongly denies.