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16 January 2020 | 2 replies
A typo in the deed is causing the delays.Thanks for your thoughts.
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17 January 2020 | 2 replies
Tenant was already causing issues.
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23 January 2020 | 23 replies
When someone asks for a referral in the regular forums, it causes a lot of self-promotion which clogs up the forums and makes it difficult to find the information and advice the forums are here for.
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22 January 2020 | 6 replies
We also require renters insurance from our tenants which adds another layer of $100K liability for certain tenant caused damages such as they start a fire.
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15 June 2020 | 16 replies
If you take the time to share some phone calls with a handful of prior investors, you should get a pretty good handle on what your experience is going to be like.The purpose of investing in a syndication is to leverage the sponsor's time, expertise, and ability to source great deals, but if the experience is going to cause you to lose sleep at night, any return you might make simply will not be worth it.All the best,Jack
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18 January 2020 | 4 replies
It may be worth a call to the recorder's office to ask what could cause such a discrepancy.
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20 January 2020 | 5 replies
We also had a plumber abandon the job (ask me for his name), which caused us a two month delay...The project came on the market in the winter of 2018/2019 which was a horrible time for the market.
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20 January 2020 | 21 replies
But this is causing a bit of panic and pressure.
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22 January 2020 | 11 replies
Unlicensed uninsured tree trimmers the landlord hired, downed limbs on house power line causing huge power surges.
21 January 2020 | 4 replies
CameronA potential downfall is your tenant destroying the place and causing you a years worth of rental income to put it back in it's original condition all while being judgment proof.Tenants will also constantly lie to your face about pretty much anything that advances their position, so you have to do extraordinary due diligence.I'd also prepare to be taken advantage of, assuming you allow for it.