Another lesson learned from investing in syndications: Communication

[Solomon Rosenberg]

Communication is one of those seemingly simple yet differentiating factors between A-players and the average. The ability to communicate promptly, clearly, openly, and consistently with investors places you in a distinct league.

When you accomplish this, as an investor, I can assume that you maintain the same level of communication with your property manager and throughout your organization. This signifies that you run your business with established systems, which can help prevent mistakes and poor decisions.

The absence of effective communication tells a different story. I've witnessed both scenarios, and I find them quite revealing.

Have you had an experience where a little more communication would've made a big difference?