Maybe she wants the income as a monthly check as opposed to a windfall sale with potentially higher tax consequences, etc.

Also, why are all you newbie REIReply addicts so insulting and dismissive, like the reputation of this brand new company is more important than your own networking and reputation? 

I don’t think that he would risk his reputation on making a couple thousand here and there by forming a shady side business.

It is my opinion, that no matter what political party or bureaucracy (ie. the Fed) initiates such meddling in the economy, they always look at the first tier consequences, exclusively, of any action, and mainly use these initiatives for self gain in the political arena.

@Tim Lewis thanks for the info, I actually moved to Cleveland so wanted to get a reputable pm for properties I already purchased.

It all comes down to reputation, communication, and licensing.

The consequences of the tax sale (loss of liens) continue.3.   

BUT, when you “accept” business that has low profitability, takes an inordinate amount of time, is outside your area of expertise, or does not add to your reputation for expertise, you’re replacing highly profitable business that does add to your reputation as an expert and leads to more profitable business.

Building Reputation: How did you go about getting your name out there and establishing credibility as a private lender?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.