This Is The Place For You If You Enjoy Being Last...

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Not like winter at all. Nights are cooler. Generally. But today is quite warm.

Our winters at 'worst' are never like an American winter. Except west coast cities.
 
Maybe the card dealers are better?

Maybe Fran will have to stay in bed through the meeting.

Sounds like they had there meeting.

No, the meetings are tomorrow night and Sunday afternoon. We will have checked out of the hotel for the Sunday meeting. The thing is that all the investors are not in sync. Some want to go with these guys who got Fran and I into all this TIC crap. We have decided that they are crooks who change their game up to syit themselves in the economy. They have a business now to help out all the people they screwed back in 2005.

Others want to hire a new management company and potentially have to put money into these buildings to make them profitable. But who can say they will be profitable?

This company holding the meeting is offering us a solution where we lose a lot of equity but we don't have to pay money or futz with it. Who knows what we will do.
 
No, the meetings are tomorrow night and Sunday afternoon. We will have checked out of the hotel for the Sunday meeting. The thing is that all the investors are not in sync. Some want to go with these guys who got Fran and I into all this TIC crap. We have decided that they are crooks who change their game up to syit themselves in the economy. They have a business now to help out all the people they screwed back in 2005.

Others want to hire a new management company and potentially have to put money into these buildings to make them profitable. But who can say they will be profitable?

This company holding the meeting is offering us a solution where we lose a lot of equity but we don't have to pay money or futz with it. Who knows what we will do.

Werent you selling it?
 
No, the meetings are tomorrow night and Sunday afternoon. We will have checked out of the hotel for the Sunday meeting. The thing is that all the investors are not in sync. Some want to go with these guys who got Fran and I into all this TIC crap. We have decided that they are crooks who change their game up to syit themselves in the economy. They have a business now to help out all the people they screwed back in 2005.

Others want to hire a new management company and potentially have to put money into these buildings to make them profitable. But who can say they will be profitable?

This company holding the meeting is offering us a solution where we lose a lot of equity but we don't have to pay money or futz with it. Who knows what we will do.

:grouphug: This would put me in a bad mood too. Hang in there with Fran.
 
Not like winter at all. Nights are cooler. Generally. But today is quite warm.

Sounds like the opposite of here. Nothing really Summer like, but warm with some cold days every now and then.

No, the meetings are tomorrow night and Sunday afternoon. .

Are the partners just there for vacation. Vegas on a weekend?
 
Werent you selling it?

No that's a different one. We have seven of these TIC interests. Some are doing OK, some are tanking, one is hopefully selling. That's the one we need to close so we don't lose our shirts on booking the cruise.
 
Are the partners just there for vacation. Vegas on a weekend?

They aren't partners. They are a management company. They stand to make alot of money by converting this property into a REIT. We get about 1/6 of the equity we originally put in, there is one more property where they are offering the same thing, but the meeting is while we are at WDW.

The other advantage to this meeting us that us owners could all go to a bar or coffee shop or lobby of hotel to discuss other options without the "wolf in the room" meaning the management company.
 
Folks - I need to close my eyes for a little bit. My head is spinning like a top and I'm coughing and spluttering like there is no tomorrow.

I'll catch up in a bit.
 
They aren't partners. They are a management company. They stand to make alot of money by converting this property into a REIT. We get about 1/6 of the equity we originally put in, there is one more property where they are offering the same thing, but the meeting is while we are at WDW.

The other advantage to this meeting us that us owners could all go to a bar or coffee shop or lobby of hotel to discuss other options without the "wolf in the room" meaning the management company.

So the managers, call the meeting in Vegas, to try to sell you something.

If you want a REIT, why don't you just sell the property, and invest in another REIT?

Now I can see why this was important to attend, so you can get face time with the other owners.
 
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