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Updated over 6 years ago, 08/10/2018
SEC issues w/private money for RE investing?
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