“The Israeli Sting”… Some of you have already heard about investors who bought income-producing properties through companies / entrepreneurs…
The "Israeli sting"…
How many of you have already heard about investors who bought income-generating properties through companies / entrepreneurs, and eventually found themselves with a broken property, without a tenant and with expenses?
Unfortunately, there are quite a few
This happens for many reasons that I will not get into at the moment but in the end it happens mainly because of the lack of knowledge that people have in the field
In most cases, a number of "normal" checks before the purchase would reveal the situation and prevent you from entering into a failed transaction.
One of them is called INSPECTION REPORT, DO NOT BUY A PROPERTY WITHOUT IT!
(At least for those who do not have experience yet and this is his first deal)
We're on our way back from another investor who bought a deal without doing his due diligence and that's the result
# Risk Exists in a place where there is no knowledge
Shabbat Shalom. I will answer the post in a positive way. I am in Philadelphia and I am willing to help those who have fallen from different societies. The result will not always be what you want but you'll be better off.
Some people from the forum already work with me and some met me personally. For initial consultation at no cost, feel free to contact me in details.
I will tell you a short story about a cherry mag that was burned by his partners and the seller and in the end we managed to get him out of a lot of mud today all his investments for sale because he is moving to the next level with us for better products.
My grandfather taught me hard work, be with a clean name and remain a gentleman
Sad to hear about people falling into the hands of such entrepreneurs 🙁
For understanding an appraiser's check is a must, what else?