As things are occurring now, the bank is being paid, so they have no interest in property seizure or foreclosure, as it is a performing note, so the FIL currently has the opportunity to conduct control of it in the same way a normal person would, which should allow him to pass this via normal methods (living trust for example) to heirs, provided the payments on the note have no interruption.Am I off on any of that?

Also, if you spend a lot of due diligence on each deal (like I do where I might spend weeks or months on a single deal), doing this on individual deals from a bunch of new sponsors can be a lot more work than doing it one time via a fund.

I’m about to close on my first residential multi unit building ( buying via LLC).

After reviewing the comps via Zillow.com - they still don’t seem right to me, I’m a beginner still learning everything.

This all fell into client's lap. 

We've been hit hard with $200k+ in cancellations from the middle of March through June primarily via Airbnb, with that said it's hard to be upset, drastically slowing down travel is the right thing to do. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris Scam and/or Morris Invest Fraud for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

My vacation rental properties are owned by a corporation and I have a substantial amount of equity in them that I am trying to access via LOC or any other type of revolving credit.

Hey all, I’ve found a seller with a 2 duplex portfolio in a good area. He wants to sell both. is like to acquire both yet don’t have a lot of money sitting around for a down payment as I just purchased 1 SFH rental. ...

I drafted the following new development pro forma google spreadsheet for a planned new multifamily complex in central Los Angeles :- 8x 2bd units (underground parking, and 2 levels above ground)- lot of 7000 sq ft - construction cost assumption- $3M (via GC rates: $150/sqft for underground, $250/sqft above ground; numbers provided by LA-based architect)With a monthly rent of $2800 per unit my projections show net cash flow of only 35K for the whole property after first year of occupancy.