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All Forum Posts by: JP Leonard

JP Leonard has started 1 posts and replied 14 times.

How did it work out? REIG seems to be a great vehicle to pool investment funds, but you don't hear about it that much

Post: Investment Clubs

JP LeonardPosted
  • Posts 14
  • Votes 0

I’m not an investment advisor, but this is what I found from a quick internet search.
Are investment clubs regulated? Usually not, especially if all members actively participate in investment decisions, and memberships are not bought and sold like a security. State laws may differ.
Investing as a passive investor in a syndication is restricted to accredited investors.

See

https://www.sec.gov/about/reports-publications/investor-publications/investment-clubs

https://www.investopedia.com/terms/i/investmentclub.asp

https://www.biggerpockets.com/forums/432/topics/388546-investing-in-a-syndication-as-a-non-accredited-investor?conversion_id=174983
https://www.investopedia.com/t... Real estate investment groups

Post: Legal Shield

JP LeonardPosted
  • Posts 14
  • Votes 0

Regarding reviews on consumeraffairs.com, there is a controversy over this site -- it has been claimed that companies have to pay to get positive reviews posted or negative reviews removed.