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Quote from: sdnerd on August 25, 2021, 12:58:04 PM
My Realtyshares/Financial Growth saga is finally appearing to be at an end. For those that are interested:
Louisville MSA Captain D's = 67% loss of principal. Total loss of 58% after accounting for interest distributions.
Detroit MSA Dog Haus and Taco John's = 47% loss of principal; 36% after distributions.
Coastal Florida Church's Chicken, Melbourne, FL = 66% loss of principal; 45% after distributions.
Fortunately all of my other deals with RS exited successfully with some decent numbers. As a result my grand total is a $10,000 loss with RealtyShares and a couple years opportunity cost.
Annoying to say the least, and I'm still somewhat amazed how deep some of those haircuts were considering the current market. Hope the rest of you got better results with your FS properties!