I don’t want to make him an owner or employee...but want to make sure he benefits from a tax perspective.

One benefit of driving for dollars though is the knowledge you gain from learning your neighborhoods and the condition they are in!

Will it benefit me in added value?

To build your nest egg you need to research exit strategies and comps to realize your gains.

Hi all,

I’ve been reading books and listening to the podcasts for a little while now. One of the earlier shows had a guest who advised that anyone starting out should get a job that surrounds you with people already ...

Maybe if you have off the charts risk tolerance...... but someone wanting to retire probably A) doesn't want to deal w/ master lease and B) doesn't care to learn about the benefit of a master lease.Even if avg price was 50k, how many people w/ almost 2mil cash for the down payment or who can qualify for 7+ mil loan are going to want to invest in Mesquite, TX (which has less than 200k people)....

Will you be able to average out the losses and gains or take a consistent hit? 

And these employees have nothing to gain by other properties pulling their prospects. 

Can I use the VA benefits for a new loan if I already have a The VA benefits on another loan and if so.. can I use that property as a rental property or do I have to refinance?

It's a less riskier trade for the JV investor than buying an NPN as they can begin receiving cashflow day one, and the LTV is still discounted enough to make a decent gain on the loan resale.