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Side seeks more than $4 million from Alexander brothers, Official Partners

Housing Wire

According to an amended complaint filed this week, Side alleges that Official Partners and its founders Tal and Oren Alexander committed multiple events of default on a $4.6 The balance request includes additional damages for legal fees and a jury trial. million promissory note Side extended in April.

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Side files preliminary injunction against Alexander brothers in wake of arrests

Housing Wire

The company argues that the charges could incentivize the brothers to use the collateral to cover the steep costs of the legal fees to fight the charges, as well as the potential financial costs related to posting bail. In October, Side sued Tal and Oren Alexander and Official Partners for defaulting on a $4.6

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Do I Need a Property Manager to Rent My Single Family Home?

Eppraisal

Furthermore, managers carry the water in the unpleasant event of eviction. Leasing can sometimes take an entire month's rent while renewal often hovers around $200 as a fixed fee, assuming a monthly rent of $2,000. Maintenance and legal fees vary according to the job done.

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The Alexander brothers take three Ls with Side and new FBI videos

Housing Wire

Side claims that the brothers engaged in an event of default on the loan by dissociating their real estate licenses following allegations of sexual assault that surfaced in June 2024. At the same time, Tal, Oren and Orens twin brother Alon were dealt a loss in the federal sex trafficking case. Side is seeking more than $4 million in damages.

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Commercial Real Estate Investing: A Comprehensive Guide

Property Metrics

In addition to property-level cash flow, GPs typically charge fees (acquisition, asset management, disposition) and earn a promote or disproportionate share of profits once certain returns are met. A thorough investigation helps you confirm the propertys financials, condition, and legal standing.