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Investors & landlords
@Carl wrote:I would estimate that in the last 10-12 years I am personally aware of somewhere between 7 and 10 such deals in my local area. Not a single one of them lasted past the 5 year mark.
Then you should so state in exactly those terms @Carl rather than conveying the impression that you have some authority stating, in general and throughout the nation, that 95% of these deals do not last longer than five years. Instead, you are basing the "95% failure rate" on your limited knowledge of only 7-10 deals in your limited area over 10-12 years when, in reality, there are thousands (perhaps tens or hundreds of thousands) of these transactions throughout the country.
‎October 1, 2020
8:37 AM
803 Views