Quote:
Originally Posted by Gobsgraham
I was under the impression that as an investor you owned the title to the land. It will be interesting to see how this all plays out.
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Older projects were set up this way. They changed it a few years ago and this peeved a lot of long time investors. The newer ones were LP's, I believe. They likely knew the music was going to stop soon so made the change. I always thought it was scummy when they paid their sales people something like 13% commissions then "guaranteed" double digit returns. Smoke and mirrors.