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Updated over 6 years ago, 08/10/2018

User Stats

46
Posts
23
Votes
Rhett Z Begley
  • Virginia Beach, VA
23
Votes |
46
Posts

SEC issues w/private money for RE investing?

Rhett Z Begley
  • Virginia Beach, VA
Posted
Good morning BP! As we ramp up our real estate investing business (LLC), are there any SEC regulations to consider? I’m specifically concerned about the following: 1) Compliance with state/federal regulation of investment advisers. (determining the best fit for potential investors, e.g. based on their apetite for risk and how long they’d like to invest, would a rehab or a longer term buy and hold be more appropriate?) 2) Whether or not advertising on my own website constitutes a general solicitation to the public for a securities offering. 3) Whether or not I need to be registered as a broker-dealer for providing investment advice with respect to recommending the purchase or sale of securities. I absolutely plan to consult my attorney on these questions but I’m also looking for some experience based answers and a place to look some of these things up in black and white in order to have a more productive and informed discussion with my attorney. Thank you everyone! Best, Rhett

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