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Imperial Whazoo

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Imperial Whazoo

Re: Fishing at Surfside post# 21048

Friday, 12/01/2006 12:26:38 PM

Friday, December 01, 2006 12:26:38 PM

Post# of 35788
Thats the land bank idea. The business plan is the same every time. They obtain a property and split out a WI, RI, or an ORI to create a future income stream for the particular partner in that particular property. But, because they want to be in the drivers seat, they retain the largest WI in the division order so they can be the operator of the property. This is their modus operendi.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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