Capital raising can't be a standalone business, and you need to keep checking your motives. Stay focused on why you actually want to own real estate: appreciation, depreciation, tax advantages. Drift from that core purpose and you'll hit ethical and strategic problems.
Chapters
And one thing that comes up all the time is it's like, can I pay my capital raiser a commission? So let's clean the air. What's legal? What's not here? Well, so the first thing is that being a capital raiser in itself is not a sustainable business. You know, you really need to always examine your motives and make sure that you're not running far afield of your motives. You know, if you start out, you know, if you start out on a path to go somewhere, whether it's driving your car, you know, taking a long journey, whatever it is, you got to always make sure that you stay on the path, and you can easily get sidetracked and deviate and go off in the wrong direction if you don't have a clear vision of what your path is. So if your path and the reason that you're here is because you want to acquire and own real estate for the benefits that real estate has to offer— the appreciation, the depreciation, the tax benefits, all those things—