If the relationship works out, you will continue to work together indefinitely.

Well, actually, from Long Island, even worse.Back in NY, I ran a technology and telecommunications company for almost 7 years and before that, was CIO for a major financial services company in New Hyde Park, LI.Along with other family, we own several rental homes and continue to hold them.

I have always had interest in the finance side of real estate and hard money lending brings together a lot of what I want to learn more about and a lot what excites me about real estate and it's continuous, dynamic state.

Continually marketing yourself whenever you have a chance.

Granted you would likely lose ownership of the LLC so you would lose all the assets.If the LLC was sued and many of your assets were not owned by the LLC then you might continue to retain the assets outside the LLC.The idea is the LLC is not you and you are not the LLC.

Definitely learn from your parents I am sure they have lots they can continue to share with you.John Corey

In my area it's nearly impossible to determine an ARV when the market is continuing to fall with no end in sight.

It looks really bad . . .I guess the Rockies might continue their streak of sweeps . . . this time, they will, of course be the victims.

Plus, we continue to pick up info from locals.There are 8 pads and all are filled.

It is a little more in depth with his concepts and I do think there is value in a lot of what he says.That being said, I will continue to read highly recommended guru books as I think they are great for motivation to keep moving forward.