And REV Stopped distributions in late 2022 so it seems inevitable that Norada would have to stop and should have at least notified all investors as of September, October of 2022 that it no longer had an income stream.

Good afternoon everyone, been a member for over a year now and got started in Real Estate because of Biggerpockets, this is my first post. 

If USPS is slow, tenant is subject to late fees and even eviction.

With that being said, appreciation is certainly something to always consider here in SD.Example of current property for sale, $1,800,000 asking price (25% down) - 4 units $10,200 total monthly rents (pro forma) - rental market has seen softening as of late$9,770/month after assuming 5% vacancy rate.$8,981 mortgage at 7%$2,918 expenses monthly 33.38% of Gross rental income (Prop mgt, maintenance reserve, utilities, Prop Taxes, Insurance, other)$6,852 NOI/monthly ($2,129) negative monthly cash flow..Same scenario with 50% down, $864 positive monthly cash flowNot saying it's the best use of capital or the only way to do it, instead providing an example using an available market opportunity to share what the numbers look like. 

Hey everyone,I feel like I'm late to the party with AI. 

Lately its been more about making sure the deal doesnt get away from me.

Quote from @Jonathan Greene: I have been seeing this a lot lately: people who hold on to underperforming properties because they add to their door count or to their self-worth as real estate investors.

Late to the party on this one.

I purchased a duplex in Saginaw from them in late 2023 and should have seen the red flags from the start.An early red flag was when my contact Katee was doing a video walk-through of the property that I ultimately purchased.

Then contacted borrowers to offer them loan modifications under the false premise of having to be 90 days late (which is exactly how long they need to foreclose), then denied the homeowners their modifications to default them and collect on the insurance and credit default swaps, then after squeezing all they could, stole the properties through the fraudulent foreclosures using the fabricated documents and bid rigging.