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Updated 3 months ago, 10/04/2024

User Stats

21
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4
Votes
Zach S.
4
Votes |
21
Posts

Will pay you to bring me investors!

Zach S.
Posted

Looking for accredited investors for syndication deals ranging from 24-29% annual returns. If these deals aren't right for you or you're not accredited, I'd be happy to pay a commission for every investor you send my way. 

Looking for

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2,269
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6,855
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Brian Burke
Pro Member
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
6,855
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2,269
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Brian Burke
Pro Member
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
Replied

That’s a great way to land you and your capital raisers in jail.  Paying a commission for raising capital is illegal unless the person bringing the investor is a licensed securities broker/dealer.

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17,221
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14,752
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
14,752
Votes |
17,221
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorReplied

@Zach Stevenson

As mentioned don’t recommend that game plan

Also what type of business plan do you have that can consistently pay investors 24%+

Do you have a track record on this?

  • Chris Seveney
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7e investments
5.0 stars
15 Reviews
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User Stats

21
Posts
4
Votes
Zach S.
4
Votes |
21
Posts
Zach S.
Replied
Quote from @Brian Burke:

That’s a great way to land you and your capital raisers in jail.  Paying a commission for raising capital is illegal unless the person bringing the investor is a licensed securities broker/dealer.

Definitely a very thin line I agree, we generally operate under 506(c) but I am licensed as well.

User Stats

21
Posts
4
Votes
Zach S.
4
Votes |
21
Posts
Zach S.
Replied
Quote from @Chris Seveney:

@Zach Stevenson

As mentioned don’t recommend that game plan

Also what type of business plan do you have that can consistently pay investors 24%+

Do you have a track record on this?

I agree it’s a thin line, we typically operate under 506(c) but I am licensed as well. 
We do have a track record, our recent exits total $285M with an average IRR of 46.3%

User Stats

17,221
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14,752
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
14,752
Votes |
17,221
Posts
Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorReplied
Quote from @Zach S.:
Quote from @Chris Seveney:
@Brian Burke

@Zach Stevenson

As mentioned don’t recommend that game plan

Also what type of business plan do you have that can consistently pay investors 24%+

Do you have a track record on this?

I agree it’s a thin line, we typically operate under 506(c) but I am licensed as well. 
We do have a track record, our recent exits total $285M with an average IRR of 46.3%

I am going to go with my gut and guess you did not provide $46% IRR because if you were you would not need to pay people to bring you money institutional money would be flocking you.

Secondly, a registered rep would absolutely know they cannot pay an unlicensed person money, does not matter if you are licensed.

Lastly, your website is 3 months old....

Curious what is your CIK code for your 506c's?

What is your CRD #?

  • Chris Seveney
business profile image
7e investments
5.0 stars
15 Reviews

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3,723
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3,374
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Evan Polaski
Pro Member
  • Cincinnati, OH
3,374
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3,723
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Evan Polaski
Pro Member
  • Cincinnati, OH
Replied

@Zach S., based on your response, it further exemplifies your lack of understanding of SEC rules.

506(c) does not allow you pay commissions.  It does allow you to advertise, but that's an apples and oranges conversation.

Your license, which based on your LinkedIn profile makes me think your real estate license, is not securities broker license and is irrelevant.  You are not transacting real estate.  You are transacting securities.  So, back to Brian and Chris's posts, IF you start raising capital and IF you pay people a commission for your investor leads, I would do some research on disgorgement, securities violations and the various other punishments that come along with it.

  • Evan Polaski
  • [email protected]
  • 513-638-9799
  • User Stats

    21
    Posts
    4
    Votes
    Zach S.
    4
    Votes |
    21
    Posts
    Zach S.
    Replied
    Quote from @Chris Seveney:
    Quote from @Zach S.:
    Quote from @Chris Seveney:
    @Brian Burke

    @Zach Stevenson

    As mentioned don’t recommend that game plan

    Also what type of business plan do you have that can consistently pay investors 24%+

    Do you have a track record on this?

    I agree it’s a thin line, we typically operate under 506(c) but I am licensed as well. 
    We do have a track record, our recent exits total $285M with an average IRR of 46.3%

    I am going to go with my gut and guess you did not provide $46% IRR because if you were you would not need to pay people to bring you money institutional money would be flocking you.

    Secondly, a registered rep would absolutely know they cannot pay an unlicensed person money, does not matter if you are licensed.

    Lastly, your website is 3 months old....

    Curious what is your CIK code for your 506c's?

    What is your CRD #?

    We did provide those returns and more and I would be happy to provide proof via pm. I am relatively new to raising capital so there are a lot of nuances I’m still figuring out, I simply work for a much larger group that my name isn’t attached to. I try to avoid publicly using the name because yes, investors are flocking to us, and if they come from something I posted and I haven’t gotten their name and email it’s hard for me to get paid from it. Apologies for any confusion, feel free to message me for more info.

    User Stats

    21
    Posts
    4
    Votes
    Zach S.
    4
    Votes |
    21
    Posts
    Zach S.
    Replied
    Quote from @Evan Polaski:

    @Zach S., based on your response, it further exemplifies your lack of understanding of SEC rules.

    506(c) does not allow you pay commissions.  It does allow you to advertise, but that's an apples and oranges conversation.

    Your license, which based on your LinkedIn profile makes me think your real estate license, is not securities broker license and is irrelevant.  You are not transacting real estate.  You are transacting securities.  So, back to Brian and Chris's posts, IF you start raising capital and IF you pay people a commission for your investor leads, I would do some research on disgorgement, securities violations and the various other punishments that come along with it.

    Thank you for your insight Evan, I’m just a mere advisor that’s switching from a marketing role to an advisory role. Definitely not wanting to piss off the SEC so I’ll tread carefully in the realm of commissions.
    Cheers.

    User Stats

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    Evan Polaski
    Pro Member
    • Cincinnati, OH
    3,374
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    Evan Polaski
    Pro Member
    • Cincinnati, OH
    Replied

    @Zach S., I know this may be belaboring the point, but you, as an advisor, does not give you, or the groups you are advising for, any leeway.  

    Given there are very upset investors, on these forums, from the group your LinkedIn profile says you are advising for, I would be extremely cautious.  

    I could see this playing out as: Investors complain to SEC about a sour investment > SEC decides to poke around > they come to these VERY GOOGLE FRIENDLY forums > they see you offering commissions as an unlicensed "advisor" > they link you back to the original group, who also may or may not, based on some posts here, have handled their filings accurately >  You and the group you "advise" for are in SEC depositions, spending 10s, if not over $100, of thousands of dollars on legal bills to try to defend yourself against securities violations (which based on quick google search could lead to up to 25 yrs in prison).

    I mention all of this not only for your benefit, but for the protection of many of the syndicators out there that adhere to rules. 

  • Evan Polaski
  • [email protected]
  • 513-638-9799
  • User Stats

    21
    Posts
    4
    Votes
    Zach S.
    4
    Votes |
    21
    Posts
    Zach S.
    Replied
    Quote from @Evan Polaski:

    @Zach S., I know this may be belaboring the point, but you, as an advisor, does not give you, or the groups you are advising for, any leeway.  

    Given there are very upset investors, on these forums, from the group your LinkedIn profile says you are advising for, I would be extremely cautious.  

    I could see this playing out as: Investors complain to SEC about a sour investment > SEC decides to poke around > they come to these VERY GOOGLE FRIENDLY forums > they see you offering commissions as an unlicensed "advisor" > they link you back to the original group, who also may or may not, based on some posts here, have handled their filings accurately >  You and the group you "advise" for are in SEC depositions, spending 10s, if not over $100, of thousands of dollars on legal bills to try to defend yourself against securities violations (which based on quick google search could lead to up to 25 yrs in prison).

    I mention all of this not only for your benefit, but for the protection of many of the syndicators out there that adhere to rules. 


     Definitely not a good day at all, I do understand.

    User Stats

    70
    Posts
    8
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    Ámlèh Quáwáin
    • Banker
    • Golden Beach Florida
    8
    Votes |
    70
    Posts
    Ámlèh Quáwáin
    • Banker
    • Golden Beach Florida
    Replied
    Quote from @Zach S.:

    Looking for accredited investors for syndication deals ranging from 24-29% annual returns. If these deals aren't right for you or you're not accredited, I'd be happy to pay a commission for every investor you send my way. 

    After reading your ad, I may be able to help, don’t hesitate to reach out 

    An issuance of a corporate bond or REIT would probably be your best path. I don’t know your targeted capital but if your find is at least in the 7 figure range and you’re looking to offer medium yield returns,

    then issuing the instruments stated above, then feeding it to the open market would be the best legit method 

    The target capital and ROI  would be based on the underwriting of course  

    User Stats

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    Kerry Noble Jr
    Pro Member
    • Investor
    • Indianapolis, IN
    1,075
    Votes |
    2,592
    Posts
    Kerry Noble Jr
    Pro Member
    • Investor
    • Indianapolis, IN
    Replied

    Its been so hard raising capital but thats what ive been doing. would love to connect

  • Kerry Noble Jr
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