I fully believe that in the end the new capital will save the deal for ODC, they’ll be able to return a small single digit EM to the pref equity holders after 10 years and the original LPs will still lose a portion of our investment.

You could also just set up a digital lockbox and cameras at the property.  

Greetings bigger pockets, I am in the process of purchasing a hotel and casino in las vegas on the strip.

If the seller does a “wrap” mortgage and the wrap is for more than the interest rate on the underlying mortgage, the seller retains the differential as monthly net and may be able to create a note with a high double digit yield.4.

Great strategy for the following reasons: passive, secure (low risk) and nice double-digit returns.

I built a better website and improved the digital marketing reach.

Where your traditional renter was the tourist, you now have the retirees, digital nomads and other work from home crowd to boot.5.

Paystubs only show last 4 digits. 

@Randy Rodenhouse actually all my deals generate double digits CoC, but because they had significant built in equity it looks like the money is not working well enough.

I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.