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All Forum Posts by: Nick Ruffini

Nick Ruffini has started 18 posts and replied 74 times.

Post: Can I partner with an accredited investor?

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

@Jillian Sidoti thank you! I’ll check out your videos.

Post: Can I partner with an accredited investor?

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

Interesting to hear the difference of opinions here. I'm going to keep digging and I appreciate the feedback so far. Essentially, it's my best friend and he's accredited and we've done other investments before (non-real estate investments). We were thinking I'd give him $25K-$50K and he'd take $25-$50K of his own money and we'd invest the total into some RE and have a side agreement that we're splitting any profits, losses, etc. 

Post: Can I partner with an accredited investor?

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

I know that a lot (see: most) funds require investors to be accredited (which I'm not) but I have a close friend who is and we're both interested in investing in multi-family units. 

My question: Is he able to go out and invest as an accredited investor but use money that both he and I put together into our own real estate investing company. We'd have our own ownership/profit sharing agreements in place for whatever properties our company invests is. 

Post: I have 1,500 and a credit score of 568

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

@Minuit Spence Can you work a part time job? Uber? Anything that can get you some extra cash coming in so you can save it, use it to take real estate classes to get your sales license or stack for investing?

What do you do during your free time? How much TV do you watch? Video games? Etc. could

You use that time to make $ instead? Just a thought.

Post: RE Investing for non-accredited investors

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

Hey BP! 

I'm looking for ways to invest in RE properties but most of the companies I've found require me to be an accredited investor, which I'm not. Do any of you have ideas/suggestions of ways to invest without being accredited? I know of CrowdStreet and RealCrowd but don't know much about them. Does anyone have experience with them or others?

Thanks 

Post: Los Angeles Meetups

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22

@Jeff Greenberg are you having your meetup this Saturday?

Post: Los Angeles Meetups

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22
@Doug Peters Thank you!

Post: Los Angeles Meetups

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22
@Jeff Greenberg Great, I’ll definitely make it out to one soon.

Post: Los Angeles Meetups

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22
@Peggy Liu Great, thanks!

Post: Los Angeles Meetups

Nick RuffiniPosted
  • Rental Property Investor
  • Los Angeles, CA
  • Posts 77
  • Votes 22
Hey BP...I just moved to LA (Santa Monica) and wanted to see if there are any meetups in the area. I’d like to connect with some other investors, learn more about what others are doing and just meet some new people in the area. Thanks! Nick R.