Difference this time around was the mezzanine piece of equity 20 years ago was debt financing and today it is investor equity.

Structure:  Manager receives syndication *ownership* shares via sweat equity and all the investors obtain shares by purchase.  

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

The plaintiff attorney now sees an “unprotected” “juicy” $375K equity available to pay a creditor judgement, and of course his 40% contingency fee.   

I never knew that about the 'theft of equity' and the responsibility that would come with that.

Total value of all properties is right around $1m so a good amount of equity. 

@Manu Ramos After 20 years of owning and operating two Bed and Breakfasts I found myself in a position of needing to find a job with very few transferable workforce skills.

Propstream allows you to pull niche lists of homeowners that are tax delinquent, failed listings, high equity, or even in preforeclosure.

@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

Very positive.