My group and I just recently backed out of what could have been our 1st CRE investment. It was a self-storage property in a small town in Central Illinois with a recently underway residential development adjacent to t...

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

I'd like to get them licensed in California, but it is very difficult. I

You'll develop tough skin and it will make other seller calls (i.e.

Anyone who aspires to be a wholesaler and reads this forum, grow a thick skin.

And the market conditions are unwelcoming (physically distressed inventory, difficulties with Ogden City, and poor tenant pool). 

At this point, we are three years in, and have learned that you sometimes have to have thick skin (grit) in dealing with tenants, managers, and RV site visitors; while maintaining a sense of humor and humility.

In that case, the taxpayer had individuals testify to his character and work in court, which is an unusual scenario and highlights the difficulty of making such a claim.If the TP cannot qualify for REPS, they may still be eligible to claim material participation in the deals, even with less than 5% ownership in some of them.

I have no "skin in the game."

The word difficult is subjective.