All Forum Posts by: Sebastian Bennett

How to perform due diligence on land

Is the followed locations function currently down?

Speak with @Chris Seveney. He's the BP authority on this subject 

I still want to know what these titles job functions are: Director of Special Operations vs director of operations (one is a Mendenhall), VP of real estate and director of real estate (both are Mendenhall's) There is already a CFO and COO not names Dutch or Amy. No bios for any of the staff members either. Everyone is in the dark!

Quality over quantity! Seems James has a very successful real estate business with lots of good endorsements and praise related to his business. This is no means a knock on him because he's one of the few on these forums who appears to be the real deal but the guys James is chasing all have far more votes relative to posts. 

I believe its the sellers expectations not the amount of money that's the issue. Plenty of investors out there buying $6.5M opportunities. This is just overpriced if you can't find a buyer for this long!

@Chris Seveney  Is there any correlation to the amount of money being raised and legal start up fees or is your estimate the same if you are raising $500,000 or $50,000,000?

@Randall E Collins  I believe Stuart was making light of how most approach syndications believing they are easy. I don't know if that model is really something you should be pursuing or a strategy you should be following as you stated!

This is gold. Thanks Collin and Stuart for valuable insight.