Keep good track of communications and do not sink to his level if he gets nasty.

The reality is the land has value.Good luck

It's where real estate knowledge meets opportunity, empowering you to turn your investing dreams into reality.

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

Also reality is the only time you will get nailed for not managing deposits properly is if you use that money.

There are many who preach this program but the reality is if you run the actual numbers I would argue that is NOT the case.

At this point, I'm not willing to sink the funds for a paid CRM service but may be open to it in the future.

Multi family has allowed this to become a reality.

The reality is that with the super low inventory we have sellers don't have a reason to give you a 50% discount, so your numbers get squeezed and you will end up leaving cash in the deal.

I have been following this on the other thread and at first I was thinking yes liquidity issues but then someone said they were also giving 20% interest notes and that type of fixed debt can sink someone pretty fast if your doing this with rental props.