I fully believe that in the end the new capital will save the deal for ODC, they’ll be able to return a small single digit EM to the pref equity holders after 10 years and the original LPs will still lose a portion of our investment.

Also note they will never pay out more than 3K and with HVAC or other large repair item that is not worth paying for it for years.Duck em!

I have discount codes for both if you need em.

@Leah LoweAuction it off as site unseen and let them know they probably are gonna get $50k less than what it is worthI will give em $200k for it :) site unseen

When I receive my final firm loan offer, I use that amount to write my LLC a deed of trust that I file prior to close.

The difference in this portion of the execution can be $30k-$60k/yr more money in your pocket vs. that of our competition all other factors equal (such as the property size/location).Next, to drive costs down, I co-host (only for clients) at 15% which is 5-15% less than the large PM firms.  

I could (but not in a forum post) coach you how to categorize things for our firm, but guess what - your CPA may still want to change it to their preferences.

Many firms nowadays service all states, and through phone, email, and zoom calls you basically have everything you need.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Does anyone have recommendations of real estate syndication firms they've used?