It’s an addition to the Force Majure in contracts to address non performance due to the pandemic.

Final Walkthrough and ClosingBefore I closed, I performed the final walkthrough of the property the morning of the closing.

I found the dealI tied up the contractI performed some pre-closing due diligence (about $15,000)I will project manage, bid out the deal, work with architects, GC’s, engineers, etc.Numerous meetings with contractors and architects to dateInvestor will put up ALL equity required to buy the landWe will raise additional equity for renovation 50-50. 

My personal investments have always been mostly in real estate, where I can actually affect the performance of my properties.

I'm not going to say your portfolio should not have crypto or silver in it, but both have performed rather poorly thus far since the bad news started being on repeat with MSM (main stream media). 

So when you are signing a lease, a contract for work to be performed at the property, you are signing as the management company. 

A seller, whether a builder or individual, can sue you for one of two things....either specific performance to fulfill your contract terms, or for damages for the delta between your contract price and the eventual sales price plus other associated damages. 

Keep in mind if you buy something that needs rehab your vacancy on the front end (or the rent from not updated units) will lead to a dip in performance on the front end until you get the units in good shape and get top of market rents. 

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.