I could move my snowblower into my basement and out of the shed for the winter and the bike might barely fit. 

@ Albert NgI am currently a licensed agent but before I was licensed I participated in a FSBO in So-Cal where I was the buyer.

Do we still need SEC compliance if all participants are family? 

Keep me updated with the REI Central meet ups, I was bummed out that my first REI meetup was cancelled but definitely wanting to participate once things are back up and running!

Typical returns can range from 15-22%, depending on local market conditions, without taking on unreasonable risk (gap funding, equity participation, or borrowing from lines of credit).

Right now I have 6 months of cash reserves for:All my properties My business (overhead + payroll)My personal expenses (bare necessities, home, food)Having this 6mos. cash reserve is great, but also not a fan of having this cash sit in the bank, do nothing and NOT generating cash flow from real estate either.

That means up to 35 non accredited investors can participate in each offering.It's the 506c opportunities which would make you exempt from due to accreditation status.Happy investing!

Filming starts in a few weeks in Washington DC and the surrounding areas, I'm actively looking for people who would want to participate. 

In reality, the complex took longer than expected to build, the market tanked, the Newark Bay was black & smelly, and he got stuck being a landlord for 10 years with the rent money barely covering his mortgage, taxes, and HOA fees.There is a lot to learn from this book and its an entertaining read for any Bigger Pockets fan!

I'd much rather have a building in LA appreciating over time than a building in, say, Tennessee spitting off $300/month while barely appreciating.When I run numbers, I break down my expenses as follows:Taxes: 1.27% of purchase priceProperty Management: 5% of gross rentsMaintenance & Repairs: 5-10% depending on the condition of the buildingCapEx Reserves: 0-5% depending on the condition of the building and renovation planInsurance: I get an actual quote online from my provider, takes 10 mins, or just assume $3000/yearUtilities (water): $60/unit/monthServices (lawncare, pest control): $100/monthThese should be tweaked further if there's a unique circumstance, like individually metered water (rare) or no grass (not as rare).Add principal and interest, and my target is a 2% cash-on-cash at current, below-market rents.