Oh My God!!!

@Natalie Johnstone My former employer who was a privately traded company that owned over a billion dollars of real estate and had an ancillary management business with revenues that exceeded $100M annually would sometimes form entities in Delaware because business cases are tried in front of a judge w/o a Jury and case law that's applied to decisions is very well developed in the State.

My husband and I live in two different cities with 2 houses.  

I bought my co-op in the Concourse area of the Bronx in 2019.

Im 22 and my business will do around $6,000,000 in revenue in 2024.

I’m curious to what all my builders in Houston think.

My son is the property manager, and house hacking with three roommates.

The basics are I would rent a number of units from the syndication LLC, would be responsible for management and expenses (ie utilities), and then I would keep a portion of the profit (basically my upside for managing the mid term rental units) and the other portion of the profit would go to the syndication LLC which now gets over market rent.

I am a car dealer and one of my employees' hit hard financial times and was unable to continue making payments on their home.

@Cameron Porter helpful tip - this post will get removed by a Moderator as ads are supposed to be under the Classifieds forum:)