=)I came across this post while doing a Google search and wanted to chime in.I’m Mark Simpson, founder of Boostly, and I’ve really enjoyed reading through all the comments.

I would get more details on the numbers and go through it with an experienced investor. 23% expense ratio is laughable for any apartment building, let alone an old class c product.

I found Nolasco through Norada.

This was found off-market through a wholesaler.

I’m here to guide you through the process and help with whatever you need.

Hopefully you have a Checkbook IRA to avoid the red tape and fees of going through the custodian for each transaction.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

Most county's and areas have a Real Estate Investors Association and can often be found through Google.

Investors like me are left sifting through overpriced junk instead of finding real opportunities.