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28 November 2022 | 2 replies
I don't want to be blindsided with questions I can't answer.
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29 November 2022 | 8 replies
Somehow I have never heard of this issue or challenge yet so I completely got blindsided with it.
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4 June 2019 | 3 replies
We aren't getting blind sided and have to pull off any other projects.
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17 June 2019 | 0 replies
I feel totally blind sided and have not had any complaints nor a chance to respond to this.
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19 July 2019 | 8 replies
Wholesaling is a good option because it allows you to actually "be in the game", which is the best way to learn since Real Estate is a "situational" game, meaning every deal will be different so it's not only about learning the process, it's learning how to make decisions on the fly and fix problems that blind side you.
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12 July 2020 | 0 replies
Thisway you only have one blind side on the right side backing in.
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22 July 2020 | 2 replies
I really don't see it selling by then and if it does someone else is probably going to be blindsided if they don't catch it at closing that the property is only half the size.
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6 February 2020 | 3 replies
She asked me if I was okay with buying a property that already has a tenant, and since I got blindsided by the question I told her yes, that I was okay with it.How does everyone feel about this?
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3 February 2020 | 3 replies
When you think you got a good price on the condo, only to be blindsided by this.4.
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9 March 2020 | 122 replies
The risk is in several areas: the syndicate itself and the trustworthiness of the constituent parts - it's hard to feel safe parking all of your capital in a project with people you don't have a relationship with, the structure of the deal logistically and legally- whether you're active or passive like @Michael Ealy pointed out there are still risks: Industry Knowledge: You have little knowledge of the industry and so with the best will in the world you'll have to rely on others to guide you unless you wait until you have educated yourself sufficiently to feel good stepping out into such an exposed position right at the beginningGrowth Prediction: With the best market analysis in the world ( believe me I did it for a long time when I was managing a Management Consultant team predicting for M&As with large portfolios) you can still be wrong-footed - a predicted bridge funding falls at the last hurdle, the new Corporate office planned for the huge new park goes under at the year end etc. whilst Real Estate investment always depends on future predictions the quality of the predictions for a large project are crucial and the timing of the project has a large part to play in the returns you can expect- unless you know your way around what truly drives a city /neighbourhood's growth you could be blind - sided by a greedy developer with form but without due and careful diligence.Construction Error: Once ground has broken the risk increases significantly - you can get into negative equity very quickly - if there's a permit mistake, legal loophole, engineering inaccuracy, fire regs many things can cause the building to be torn down - razing a building to the ground costs a lot of money.These are just some of the issues obviously there are many more and having prior experience and knowledge are very important at this scale.Another point I wanted to mention too is that predicting for appreciation is not the same as predicting for an increase in price so be wary of inflated or misleading price predictions - inflation and it's commensurate effect on value can have a house or apartment complex growing in price but not in value - the value of a property is not the same as it's price -remember that the value of the land is separate from the value of the structure on top of it - structure value ALWAYS depreciates from completion whereas land value normally appreciates so if prices are rising it does not necessarily mean that your structure value is increasing.Hope that helps.