Trust your instincts and that usually lands you in the right space. 

I'm getting a self directed IRA set up with Equity Trust and have been following J Scott and Brian Burke to learn more about passive investing and paroozing the passivepockets.com forums to learn more from everyday people who are currently passively investing.You couldn’t find two better investors to follow than J Scott and Brian Burke!  

I hope you're able to make lots of connections and fully tap into that ambition and entrepreneurship with real estate.One thing I may recommend, if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either investing on your own or with partner investors.

Doesn't matter how much you trust someone.Time & money change people.Something may happen to them and their ownership will be inherited - by somoen you may NOT get along with.#2) Charge a standard management fee for the location & building.

I’ve seen more people exploring that kind of structure lately, pooling capital for flips or BRRRRs, though it definitely requires strong trust and clear terms.

I have many trusted people to call. 😊 Oh I was unaware you already had trusted team there.

Setting up a revocable living trust or family LLC can help ensure your properties transfer smoothly to your heirs while avoiding probate and maintaining control over how assets are managed after you’re gone.As you move forward, think about creating a plan that balances cash flow today with the durability and structure needed for tomorrow.

Check Meetup.com for real estate groups in New Orleans.The podcasts, blog, and forums are full of useful information, and setting keyword alerts will help you stay on top of topics that matter to you.If you ever need insight on our market, introductions to trusted local contacts, or help evaluating a deal in the area, feel free to tag me here on BP.Happy investing!

In many cases, having these protections in place also strengthens your position during negotiations or legal disputes, often resulting in more favorable outcomes.To navigate these complexities effectively, I highly recommend assembling a trusted team of qualified professionals.

The simple solution would be to work with a trusted and competent local agent to assist you in submitting offers.