Lots of lessons learned here that will only make me a better investor in the future!

Quote from @Kevin Sobilo: Quote from @Greg Scott: This is a tough lesson.

Very pretty small house with a great mortgage payment Lessons learned?

While it is an amazing investment, we got really lucky to snag one of the last viable duplexesOmaha, NE: Went to college here. left in December 2020, wish I would've bought a duplex before they pushed up 100-200k on average. 

But, normally, if the price per square meter is the market's avarage, the appraisal should come more or less on the asking price. 

However, most people attending the event are less than college educated and have lower income.

The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ? 

Lessons learned?

Lessons learned?

Clayton county and the south part of Fulton (specifically College Park) have been great for us.