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1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.
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10 February 2025 | 9 replies
If that doesn't bother you, we live in different worlds.
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28 January 2025 | 1 reply
If not you might want to seek a different agent.
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29 January 2025 | 40 replies
Anyone serious about selling their house will be instantly attracted tho this website because it is different than all the standard sites out there, it has personality, and character and it looks amazing.
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27 January 2025 | 12 replies
So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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3 February 2025 | 11 replies
Events like this give the opportunity to meet and talk to investors from all over the country, doing different kind of investing, and with a varied amount of experience.
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26 January 2025 | 16 replies
If you are broke and trying to quit your job asap, the answer will be much different than what an acceptable answer would be for a professional investor who is a multimillionaire.
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28 January 2025 | 8 replies
Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.
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13 February 2025 | 10 replies
Because when a hot deal comes up and you need to close fast, that relationship can be the difference in scoring the deal.
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13 February 2025 | 16 replies
Was it on the MLS or a different listing site?