I live in North Dakota, and I came across an apartment complex for sale in one of the state’s oil-heavy cities.

.: I know this is not REI, but this passive oil/gas fund was recommended by a RE syndicator/fundraiser.

Didn't see any oil wells, but they could have been farther out, and not a lot of hospitals.

I don't agree with not having skin in the game.You are borrowing other people's money to get involved in real estate or oil and gas.If you don't pay the note, they will take the property / investment away.

One property we had to pull up the floor all the way down to the subfloor and paint with oil base kilts…. 

Higher than the Oil Bust.

You wouldn’t drive your car for years without an oil change — so don’t run your business without a check-in.Curious — do you review your numbers throughout the year or just wait until tax season?

My fb algorithm has littered my news feed with a plethora of "professional REI mentors".....but it's hard to tell which ones are great and which ones are snake oil salesmen.Thank you!!!

@Chaim MalIn my personal opinion, you were sold snake oil and you want to buy even more of it (trusts).Cut your losses by dissolving (or at least ignoring) these unnecessary structures and close on your property under your personal name.

., AI infrastructure demands), partially offset by declining oil/natural gas prices.