Sorry to be the bearer of bad news, but when you look at the facts of what money was invested in and how it was handled, it leaves little to hope for.The only potential to get anything back is a potential SEC / FBI investigation to see if any fraud was at play where other assets of Norada is possibly garnished to pay back investors.

It's possible there's a bad smell or something like that making unmarketable? 

Maybe there is something to learn, but most of the time it just makes you feel bad. 

Unfortunately, we picked a bad time, because a game just finished, and people were streaming out of Wrigley Field.

I see so many people who don't understand what they are bidding on.They don't do the research, they don't drive by to see that the Google st view is not accurate and they put down a bunch of cash on a bad property. 

Cost of borrowing goes way down when no one wants to borrow like in a bad economy.

note none of my local STRs have this good a revenue ratio; if they did I would have good cash flow on them which my cash flow on the STRs the last few years has been modest.I am still shocked my underwriting shows the COC to be this bad, but I have decent confidence in the underwriting.  

Each deal...good, bad, or somewhere in between...sharpens your instincts.

Mak, Doesn't seem like a bad rate.

Hello folks,Wanted to get some of the key criteria folks use in evaluation whether a deal is good or no. I for one built a simple chrome extension to see if the mortgage is less than rent and accordingly provide that ...