There are certainly worse ways to throw away your money.If you actively manage the property, the LLC offers you almost no liability protection.

It's probably bias cause I look up to him but Mark Cubans "How to Win at the Sport of Business".

But actively starting my plan and motivated to make real estate my career.

"Listing" (as in 'promoting the sale of', under a contract) properties, with the intent to profit from the sale of property owned by others, is a brokerage activity and requires a license."

One tenant has lived there for 34 YEARS (the building is 34 years old) and the other has lived there for 7 years and is active in the neighborhood watch program.

(It might also be worth mentioning, as your guy thinks about making this product, that any kind of data solution that generates predictive modeling to be used by a large number of clients has some significant liability exposures that he would want to mitigate, actively, and probably at the architecture level.)

I'm actively looking at both in the San Marcos area.We have a BP unofficial meet up the second Wednesday of each month at the Starbucks inside Randalls (3300 Bee Caves Rd) @ 10 AM.

The other 3 properties are still available because he is not actively seeking to sell them.

My husband is active duty so we are nomadic.

I have family in Clovis so I do most of my active investing as close to Clovis as possible.Feel free to hit me up if you have any questions and I'll do what I can.What are you planning on doing, flips, buy and holds, wholesale?