Your goal is to understand the situation fully so that you can make a wise decision about whether to continue doing business with them.I often see folks fire people for a single mistake which is a tough way to operate.

Then, think about how you would reallocate those hours towards revenue generating tasks for your REI business.

As a real estate investor and business person, I'm not going to rely on appreciation to make up for a negative cash flow unless it's nothing down deal. 

All you would need to say really is that you materially participated in the business during the tax year and just be prepared in the case of an audit/IRS notice.

We business partner and I started at the end of 2018, began with Drive 4 Dollars looking for distressed properties with potential and we actually found an owner who was very interested in our first drive - that deal was our first ever and only ever started on October 2019...a lot of back and forth, a death and renegotiation took place over period.

Unfortunately, that is when greed set in and it was voted that we needed to expand to other locations because our business plan was getting behind schedule.  

At the top end of cap rates, deal profiles that lack a sizeable rent growth story and rely on bank or CMBS debt can find yields in the 6% and 7% range.In October, Faropoint purchased two 1970s vintage business parks outside Newark, NJ, from a venture between Camber Real Estate and Advance Realty Partners.

My business has been hindered over the few years since I do not have the guidance I crave for investor growth, legalities, etc,  and a recent event/comment has shown me I am no longer looked upon in a favorable light. 

We face a dilemma as we embark on this venture with a clear business perspective, committed to implementing best practices in property management from the start, including engaging professional property managers.

Good morning BP, We have ALOT of new wholesalers on here, starting out in the business there are alot of unknowns.