Chapter three discusses different types of property owners. The largest disadvantage to ownining real estate as a sole proprietor is UNLIMITED liability.
If you had $5million dollars cash to invest in real estate-
What would you choose as your form of ownership to start investing in real estate?
Would you buy property with a loan? or all cash? Why? I would buy property with a loan because
What type of real estate would you focus on? Why?
What part of the real estate cycle would you focus on?
Would you act as your own property manager? Why or Why not.
How much appreciation in the value of the property would be your goal? For 1 year? For 5 years?