Cutting down timelines to not extend carrying costs Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.

I ask because if it were bought 8/22 and it just sold , thats almost 1 year . even if you did minimal improvements and had minimal carrying costs , plus real estate commissions , that doesnt sound like swift profits .This almost sounds like an ad for Brittany Scandra I am very familar with Pasadena 

I prefer the Sealy Black but Costco isn't carrying it anymore that I can see.

So do not expect appreciation to be your savior, the facts remain that this market will bounce back and will appreciate more than the Midwest, but can you carry the debt for that long until it does?

If you are going to carry insurance there is no need for an LLC.Look for liability limits of $1-2 million per occurrence. 

The Heloc cost me $600 a month and the duplex brings in $2,200 a month (minus $1,000 in carrying cost) and the triplex brings in $3,200 (minus $1,300 in carrying costs). 

Refusing showings because the agent isn’t getting paid for it is the antithesis of carrying out one’s fiduciary duty to the seller. 

I stopped carrying 99% of the time after that because I had been out of the army a dozen years already and it too close for comfort.Next was 2021, when I decided to take REI seriously.

Keep in mind you have carrying costs, selling costs and taxes.