The Department of Veteran Affairs announced that it has temporally lifted its ban on buyers paying for real estate agent representation.

I’m excited to announce that BiggerPockets has acquired Left Field Investors (LFI) and, with this acquisition, we’re launching a groundbreaking new platform for passive investors: PassivePockets.The passive investing space has seen tremendous growth over the past few years, but it’s also faced challenges—shifting markets, questionable influencers/syndicators, and a lack of transparency between GP and LP.

They just announced their next virtual (free) event for September 21st.That said, from experience, you must do your own due diligence on each affiliate/property and syndications.

I talked the brokerage into paying for an ad in the Houston Business Journal announcing that I, a “specialist” in automotive properties had joined the brokerage.

Who announced it; when; where; why?

Another 1000 job move just announced today by TIAA from Denver to Frisco area.

Both of their stocks are down since the settlement announcement.

Took many months of chasing to have record of my funding recorded in the portal.The deal failed and property surrendered in Dec, was not informed until Apr the following year by the operator, in Aug still waiting for official announcement and the MIPA to be provided.Co-sponsors Legacy Wealth Holdings(operator), Community Investment Properties – refused to help LPs that were not brought in by them.3/ Any lesson learned to help future investorsMy key takeaways from this experience are:In addition to doing due diligence on the investment, underwriting, & sponsors.Be very cautious of these joint co-sponsor deals, ask for and understand the partnership agreement before deciding to invest.Understand that co-sponsors oversee the interest of the LPs they bring in only.Avoid fund of fund / feeder fund investments, instead invest directly in the investing entity.If you value timely communications & receipt of investor updates, k-1s, etc, invest only with the deal operator.Ask for a walkthrough of the investment portal using live data in an actual active investment account to ensure its managed according to your needs.

You can find the post in the announcements section of BP. 

For those of you with an interest in learning more about vacation rental investments in the Pocono Mountains of Northeast Pennsylvania, the Poconos Association of Vacation Rentals Owners is delighted to announce that Bill Faeth of Build Short Term Rental Wealth will be a keynote speaker at the Poconos STR Conference on March 7, 2024 at the Camelback Resort.