Tilden Moschetti: All right,
you're there, you're outside of

the capsule after re entering
your investors have gotten

money. All is good with the
world is it time to party? Yeah,

it's time to party, but you got
to get to the party first. And

to do that, we go through a
closing, just to make sure that

every single thing is wrapped up
nice and neat. So that when you

go into your next indication,
you do not need to worry about

anything from this previous one.

So first thing I like to do, I
like to put, basically build a

collection of paperwork that has
everything in it. So that way,

it's all in one place. You've
heard me talk about that. And

property management, asset
management, I like having

everything all in one place. So
that way, it's consolidated. And

it's just where you go. So
first, I document any votes that

were taken. So I put make sure
I'm printing out everything

votes, or how my tallies were
whatever it is, so that

everything is documented, nice
and neat. That this is how we

got to the end of the game. So
in my case, most of the time,

we're voting on whether or not
to sell, I want that especially

documented, because I don't want
someone coming back later

saying, Well, I don't think you
counted the vote right? Or I

don't whatever it's going to be,
I don't want that ever to be an

issue. I've got total evidence
of what I've done there. The

next, like we talked about on
the final distribution, you talk

to the accountant, you get
everything all set up to do the

final taxes. So that way,
there's no ambiguity, it's just

either done, or it's gonna get
done, it's already paid for.

It's already in the works, they
have all the numbers they need,

all they may be waiting for is
like final paperwork from the

IRS. Then we get any costs for
the pre pay and closing. We also

communicate to our property
manager, make sure everything is

caught up, make sure all the
taxes are paid, make sure all

the bills are paid, we send a
statements to all the investors

as part of that final
distribution, I talked about

that I want a full disk, full
history of every payment that

was made. So that way, they have
everything that ever went to

them. So they can see for
themselves what the real return

is, they can figure that all
out. It's all there. They have

it for their records. It also is
part of showing up like a pro,

because this is what a fiduciary
does, you do that you say you're

gonna do the work, you do the
work and you show him that you

did the work. So after
disbursement of the funds and

all of its gone, so there's no
checks that are still kind of

hanging, I closed the bank
account. That's a grand day,

there's no more ties to this. I
close everything with the state.

Sometimes states depending
whether or not there are

multiple states, I dissolve the
corporations, though this, this

is deeded by the by the state
government, I have found that I

don't see that there's any
actual penalty to dissolving it

or not. But it's better to do it
than to not do it. And the last

step is communicate again to
your investors. You send them

thank yous, I would send them a
thank you gift, if you can come

up with things. Some things
we've done is nice photographs

like that are framed of the
property or things like that,

just something that's really
nice that they can have to say

thank you so much for investing
with us and trusting us with

your money. I hope you are
satisfied with with what we've

done with you. I can't wait for
you to join us on our next

syndication. I probably have
already been having those talks

about my next deal with them
anyway. But I want to thank

them, thank them, thank them.
They are the ones that basically

are getting you paid. So you
need to thank them. They don't

have to trust you. But it's what
and it's well that they did so

thank them. And with that it's
close. You've done it. That's

your first indication. You get
through all those steps and

you've done it you've closed
everything. So in the next set

of modules, there's just a
couple of modules that we're

going to talk about. It's just
putting the icing on the cake

just what do we do to make it
all happen? So it's the big

picture and how on earth are you
going to get it all done?