I had never heard of such a thing.. and most private flippers dont know it either So like on our subdivisions whatever LLC we own it in that LLC also has to have a developers license .. so  If you have multple subdivision going in multiple LLC you need multiple developers licenses.. where this can stymie some folks  NOT EVERYONE can qualify for a Bond.

PM is a great foundational skill to move you forward.

@Damon AlbersSince those properties are used for investment they would qualify for a 1031 exchange.

Shows court costs $420 and fines of $500.Says they have much more income then needed to qualify. 

Through my coaching, I help them leverage their skills, make meaningful connections, and create a roadmap to financial freedom, all with the support of a trusted network.When I guide new investors, I always emphasize that having the right relationships can be the difference between a good investment and a great one.

My biggest fear is that if I ever were to quit my job, I would no longer be able to invest in more real estate (not sure if I would qualify for loans as easily). 

What are fees associated with the Qualified Intermediary holding onto this money?

.• Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.

Regulation will say you have to be registered and pay hotel occupancy taxes, but your unit may not qualify for registration. 

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!