My Background Continued...5
Wednesday, December 09
I am pleased to announce that on December 3, 2020 we closed on the Warehouse that I am writing about. ------------- I am currently also representing my Mother in a large RE deal. My extended family is selling some RE and hopefully we can complete all of that by January 2021. I will not write...
My Background Continued... 4
Thursday, December 03
So, It turns out that the partnership that was formed to own and manage a 98 unit investment in Kansas City no longer owned the property. ------- At this point in time, I had to put on my detective cap and do some work. Amazingly, the general partner seemed confused himself about what had happ...
My Background Continued ..3 .. first syndication
Wednesday, November 25
For the next 2.5 years the project slowly went down hill. The majority of questions by the investors were ignored and the quarterly reports essentially stopped. Eventually we (the investors ) got to the point where we knew the property was in jeopardy and asked for a meeting with the GP. My p...
My Background Continued ..2
Tuesday, November 24
In 2015 I invested in my first real syndication. There were 4 investors and 5 members total (including a general partner.) On paper it was a great investment. I will not give the full background but only a high level overview. It does not qualify for the "my biggest mistake and what I learn...
My Background and how I got into Real Estate Investing
Saturday, November 21
Vancouver, Canada: I studied Civil Engineering at UBC and also obtained a Masters degree in Engineering. I specialized in construction and project management. I only worked for 2 years as an engineer and do not have a P.Eng. After working as an engineer, i take a pay cut to work in the family...
Purchase documents acceptance deadline passed, no signature
Tuesday, November 17
The deadline to accept the offer on the warehouse passed yesterday at 5pm with no reply from the seller. I can only assume there is some other complication on his end. I will give him until this Friday to counter before I call and ask him if/what the issue is. I will try to spell out what ...