We've exchanged some emails.

In the recent BP podcast EP 250, Grant Cardone responded to Brandon's fire round "1031 exchange" question with a cryptic response.

Could I market it as a package to retirees in exchange for a lump sum?

He can do a 1031 exchange because it is investment property and completely defer all tax and depreciation. 

who hang their shingle out there I will work in exchange for mentorship.. but of course these folks have no experience so you have to be in training mode. but never know when you can polish up a gem.on stricktly commish basis I think this will be a tough one for you.. unless your a top player and buying numerous deals each week or if its a once a month auction your buying 10 to 30 props at a time.

A few of them have been foreign exchange students.

We loan to LLC's we would require a copy of the Certificate of Foreign Corporation filed with the State of Florida authorizing the LLC to conduct business in their state.

Perhaps your JV partner can front some of the cash in exchange for 50% of the profit on the back-end.

In a fund model the investor makes his money over time and the economics to the managers are in large part directly tied to the return we achieve for our investorsReduced management time / ability to be hands off – we would suggest that for most accredited investors, the amount of time it takes to properly understand and optimize the performance of the business, even if it can be achieved at all from a long distance and without becoming a specialist, is probably better spent on other activitiesBenefit from greater economies of scale than one can achieve with individual purchases – everything from materials purchasing, rehab crews, property management etc.Advantages on debt – specifically: Funds’ debt is non-recourse to investors whereas individuals’ debt is typically fully recourse to their other assets in a worst case scenarioFor many foreign investors debt leverage is not available at all or not on competitive terms, so this is a particular improvement for foreign investorsEnhanced exit scenarios, specifically becoming attractive as an institutional roll-up, with the better potential exit valuation that may drive vs. a one-by-one sale scenarioWe have bought and managed 2000+ homes in a range of markets for institutional investors in the past few years and so definitely bring best-in-class management experience to the venture.

I work with foreign and out of state buyers as I had been investing from overseas myself before I became a full time investor in Houston.