Sanjeev Advani
Big Lots Files for Chapter 11 Bankruptcy, Agrees to $620 Million Sale to Nexus Capita
12 September 2024 | 0 replies
Nexus Capital will serve as the stalking-horse bidder, acquiring most of Big Lots' assets and operations.The company, known for selling home goods through closeouts and liquidations, secured $707.5 million in financing to support operations during the bankruptcy process.
Tiffany Roberts
I hate my rentals- should I just sell and be done with this game?
17 September 2024 | 68 replies
I used to love everything about rentals and houses and remodeling and thought this would be my casual way out of the rat race.
Samantha Hogue
Late start Okie eager to learn, connect and start investing!
12 September 2024 | 6 replies
I am still employed full-time, but I work from home so I have more time than most still stuck in the rat race, so I'm hoping to have a plan and a strategy by the end of 2024.
Bradley Hendrix
Going from -50K to 1 million
13 September 2024 | 7 replies
The first 6 or so apartments were very up and down but after that they were off to the races.
Marc Brandon
Unbelievable Florida security deposit claim lawsuit!!!
18 September 2024 | 47 replies
In both notices, they alleged that they served you with the respective document at (the address you provided the court in the Summons.)While the Clerk clearly accepted these documents, I see no record of any proof of service/certificate of mailing entered into the case for them.The only other thing - the last item - I see is, another week later, DEFENDANT’S EMERGENCY MOTION TO VACATE THE FINAL JUDGMENT AND WRIT OF POSSESSION, which, to me, reads like a poor attempt to show their client that they did something (from what I can tell, the allegation that the tenant vacated a week before you obtained the final judgement should be the grounds to justify vacating the judgment now.)The Court said nothing to either of these 3 filings by the law firm - according to the public records I see.Seems like the horse was out of the barn when that LLC (the law firm) entered the case, but, again, I am not a lawyer.
Louis Hemmler
Real estate syndication
10 September 2024 | 3 replies
As Chris and Justin note, the old adage of "vet the jockey (sponsor), not the horse" does not work anymore.While the sponsor can definitely screw up a deal, investing with the "best" sponsor is bad deals is a more surefire way to lose money.
Billy Knox
Why use a Real Estate Agent?
20 September 2024 | 73 replies
I don't understand why your answer to business operations is a race to the bottom.
Guy Idan
Recommended Syndication Companies?
8 September 2024 | 19 replies
Hi @Guy Idan, like others in this tread said, is important that you "vet" the Syndicator (aka sponsor) - every component of the syndication is important (the property location and the local economic drivers, property class, the loan type, property management company, the sponsor, etc.) but I would say this is more as a bet on the jockey than on the horse.
Noah Bacon
Harris and Trump's Housing Plans from Last Night's Debate
13 September 2024 | 61 replies
For example saying racism is worse than it was in our parents lifetime... my parents remember when there were separate bathrooms and water fountains for different races and people were still being lynched in the South, so it's obviously an egregiously untrue statement although I agree that racism is still a big problem.
Cleomentes Powell
raw land investment
6 September 2024 | 13 replies
I put in a well, brought in electricity, a gravel driveway, a septic tank, and a fence around part of it for my horse.