Hmm, thanks again, I'll recheck some Japanese properties and see whether something there looks like it might work out ok. 

RESPONSE FROM TRIARC REAL ESTATE PARTNERS – After hearing many stories of investors getting into deals with relatively new and inexperienced syndicators only to get burned when their numbers didn't work out nearly as estimated, I did 2 videos that provided a breakdown on the analysis provided.

Apparantly that didn't work out for them either as they sold all their properties a couple of months later.

How did “hiring the best people” work out last time?

But if you bought your properties correctly, it will work out.

In the end it will all work out.

I recall reading about it in CNBC...The quest for solid returns in our current market might feel daunting with interest rates where they are, but the good news is.. if you find the right deal and set clear criteria.. like a minimum cash flow target, or a plan for eventual refinancing.. your numbers can still work out.

Morris was very much representing Rust Belt D'class management as a walk in the park, color-by-numbers project and telling his people to rest assured that it would all work out in the end.

I go in with an intention and optimism but once you're in it things work out the way they do and getting your calculator out isn't going to change that.

That's 130% interest when you work out your ACTUAL cost.