Let's just say I know a thing or to about soccer/football and my good friend is Luka Modric's best man so it was interesting having a conference call and advising with both of them on some brand strategy for Luka hehe 🤠 He's not the best Luka. forza italia! 

Congrats, on both of those deals and, more importantly, on staying persistent to find your niche.Lots of misinformation on this thread.Andrey is not pitching anything or lyingHe is not expecting 30% IRR on every opportunityFinding and vetting trustworthy sponsors is not as hard as non-syndication investors thinkPerforming diligence on sponsors takes years, not hours or daysMany sophisticated LPs perform extensive diligence on sponsors and opportunities that is not discussed on BP (TLO reports on history of crime, bankruptcies, collections, credit, businesses owned, personal residence owned, employment, family members (including phone numbers), even traffic violations...the list goes on)Many LPs leverage sites like Ian's, 506 group, in-person conferences, and one another to analyze opportunities and sponsors together (it's a lot more sophisticated that the "what do you think about XYZ" posts on BP)There are tons of sponsors and opportunities that don't use short-term, bridge financing or max leverageMost are using 5-12 year debt, with inception LTVs in the 70s and year 2-3 LTVs in the 60s (and carry high reserves on top of that)The opportunities discussed on BP are only a small fraction of what's available in the marketPrudent syndication investing is just like anything else in life...it takes diligence and time. 

District Court for the Eastern District of Texas, Sherman Division, issued an order granting a nationwide preliminary injunction.

It's been a few years, but I had the opportunity to serve on a panel or two at IMN Conferences with Jorge and he's top notch.

Like most Sherrif sales in the Eastern half of the country the sale has to be confirmed after the fact by a judge.

Great tips @Collin HaysAnother "tip" is make sure you are working with a seasoned STR Realtor or your Realtor is conferring with someone like Collin a season STR Property Manager.At least once a quarter someone contacts me (as a PM) and either wants management or wants my opinion on a property and the property is illegally zoned or otherwise unsuitable for STR, although their Realtor is telling them otherwise. 

District Court for the Eastern District of Texas in the case of Texas Top Cop Shop, Inc., et al. v.

Then buy out my partners on my Costa Rica properties, and just host retreats in Costa Rica, visit my cabins, collect cash flow, and enjoy my wife and kids and travel around visiting friends in my awesome motorhome which I have not purchased yet. great goals.. mine is to buy a nice drift boat and flyfish all over the west and up into BC. trying to figure out do I buy a summer cabin say in Western Montana or Eastern Idado as a home base..

Quote from @Bruce Woodruff: Quote from @Jay Hinrichs: Also much of rural CA.. price points are not what folks think of CA there are areas of CA that are just flat gorgeous with housing readily available for 200k to 400k.Most people also don't realize that most of Eastern CA is just about as redneck/cowboy as places in AZ or TX (much like eastern Oregon).

I had a brief F2F with Ivan a couple weeks ago when I ran into him at a conference in FLorida.