I  know two others that did and went to prison.. bad actors got into title then just ripped rents never paid ruined the sellers.. you will see this for sure as the bad actors learn all this on U tube.. it happens and it will accelerate now..We do have to remember the banks right under the note is in the section for Events of Default and Alienation of title is one.. so any transfer to new buyer or trust or anything like that is a violation and it gives the lender the right to accelerate the note but its NOT obligated to do so.

I can show u the REAL pics…👀👀

as U get experience to be competitive you need to be able to run the numbers in your head or on a napkin forget about calculators.. :)175 pprehab  30kcontingency 5k at least 6 month hold  depends on how much your putting down but lets figure 10k there.buyers in this price point almost always need seller assist on financing so 5k there.and then 7% sales commish250K X .93 =  232k  - 50k  has you at net loss of 18k.. 

We used to follow, Walmart , HD, and U-Haul :) 

I'm not saying the next light bulb won't be invented (it took 10,000 tries) but plan on a long slog to make it happen in real estate.We and our Joint Venture partners use a fairly sophisticated spreadsheet with a lot of automatically input variables and at the end of the day, it is still experience and second guessing the market that works best.

I think with the MBA you can use that in your sig.. like the other one I dont know if U can or what it would be called..

Can't u pay for this on a credit card?

Quote from @Alex U.: If you are a San Diego Multi-Adu Developer ( 4 or more units) looking to network, collaborate, and learn from others please DM me.   

Hello all,I am trying to determine what I can contribute to a potential joint venture involving myself, another investor, and a builder.

If I create an LLC, can I still deduct rental depreciation from our joint W2 income?