According to press release found on the web, it was a 2021 purchase...so that's a huge loss over just 2 years.https://www.westernwealthcapital.com/western-wealth-capital-...For those looking to learn, can you share why they were forced to sell so soon?

Santarelli/Norada continuing to put out videos and web requests for funding without disclosing the difficulties he has already acknowledged in writing !!

The poor broker who gets scammed is not only out a lot of money but their reputation is going to suffer big time as their borrowers info is now all out on the Dark Web..

The biggest thing that frustrates me most about the guru's is how most are not transparent about all things notes, yet they send post after post on LinkedIn or FB wanting you to watch a Podcast or something else about how much money they made on notes to get you sucked into their web. 

For starters, the prospect passes our 3.5x income requirement, has a 700+ credit score but a few things that I seem to have trouble with is the management company that was on the application, I wasn't able to find any viable information through regular web searches, but through the Business public record I found an LLC to this management company which I found was created 5 months ago. 

Boom, you are now a real estate investor.Oh and definitely build a corporate web of at least 5 layers of shell companies before you even begin thinking about buying a property.  

Quicker build times, no external factors (weather), precise details.

Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

Rather than just listening and answering.They're so hyper focused internally on the external acceptance, that they forget they are there.

@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.