It's like drinking from a fire hose.

Scootered all over the city, had some good food good drinks, explored the beltline, saw some of north Atlanta with our cousin.

A lot of people are drinking the kool-aid right now.

I was buying court house steps in fort Meyers  new or near new homes for 30 to 40k cash at the steps in 093. my well documented clients in PHX AZ losing 4 plexs they paid 350k for in 05 and having them go vacant and they let them go to foreclosure thereby ruining their credit and losing whatever cash they had in them.. 2010 they were selling for 100k or less and still vacant.so on and so forth.As long as credit does not freeze the values have been reset .. those that were lucky or smart enough or came of age to be investors and bought in the trough historic low price points historic low interest  many paid cash as financing was still tough.. so as long as they don't drink the cool aid and refi out and leverage up you have the makings of a very strong asset base.. plus all the foreigners who paid cash there were literally hundreds of thousands of homes paid for in cash by Off shore folks.. then add in the half a million or more that were bought by hedge funds.. 

It has all the cool shops, nightclubs and amazing places to eat and drink.

The guy did a year, resolved to change, and quit drinking for 15 years. 

I went with a flat fee of 30k each.. and I then spent 50k on a big presentation in San Francisco.. included a room for 300 .. drinks etc. radio adds my flight down ( well I flew my own plane LOL  but my team had to fly down.. ) we sold those all of them in that one weekend.. so this lowly dumb @@@S realtor ( me) made 660k in one weekend minus 50k in expenses so like I said you can go both ways with commish.. and those builder were estatic their bank was putting pressure on them and they knew exactly what I was making since we had a listing agreement and I got paid on the hud like any other bozo realtor.

“Unless we are drinking a lot of Kool-Aid, then it’s a 25.”However, most syndications i have looked at seem to promote their skill in re-positioning to raise rents and adding value...and I am seeing plenty of sponsors promoting IRRs in the 20 ballpark...Maybe the big syndicators haven't caught on yet?

Now I realize he was a wholesaler but he was super paranoid.. he would not give me the address until we met and talked.. and he said he wanted to do business with what he called a friend so he wanted to meet for drinks ( Dutch of course LOL)  I told him I have plenty of friends don't need anymore and I don't want to have drinks with you.. if you don't want to give me the address then there is nothing more for us to talk about..

Drink a liter of water with a scoop of wheatgrass in the morning3.