When you are considering a shared financial investment one of the concerns is always the legal/financial responsibilities and protections that apply to individual members. Even for seasoned investors, the process of creating and understanding the importance of having an Operating Agreement in place can be complex.read more
Ready. Set. Go. Momentum is a powerful force. When you have an idea and discover a way to to make it a reality, momentum is a natural by product. However, when we start thinking about shared goals and delayed results - as is the case with many beginning and experienced real estate investors, ideas have a way of fizzling out.read more
Being comfortable with our current state is only one measure of security. Most of us waiver between moments of “what if…” and “one day”. Our actions to navigate these uncertainties are improved by 1) visible progress 2) having others with us along the way.read more
“A majority of Americans (two-thirds) believe investing in real estate, whether for a flip or a renovation, is just too hard, too costly and too far out of their expertise — especially compared with other types of investing,” according to a 2017 RealtyShares study.
To many of us, finances and investment decisions traditionally are topics we hold close to our heart. For some, it is fear of putting ourselves out there for comparison. For others, like me, it is the fact that I never am confident of where to start and what is the right decision.read more
This weekend will mark the 25th anniversary of the television show Friends. Fans are recounting their favorite episodes and reminiscing about the ups and downs of the interactions that defined friendship in the early 2000’s. They were great friends but would they make great business partners?read more
There have been several columns recently pointing out the bias that may exist in investment decisions. This column serves as an explanation of the biases and if a person reading this suffers from one (or like me, all of them) then how an investment tribe can protect you from your foolish self!read more