Ryan Martin
Private Syndications with non-accredited partners question
27 November 2021 | 5 replies
You should get one that specializes in SEC law and have them prepare a PPM for you.Reg D 506c exemptions from registering for a security only allow you to take accredited investors.Reg D 506b exemptions allow you to take sophisticated, non-accredited investors, but you are prohibited from advertising, which can mean a lot of things.
Carson Wright
Best Entity for Flipping and Best for Rentals?
27 December 2021 | 10 replies
Also you’d have to set up and pay payroll taxes from the company on your earnings or risk under reporting your taxes on your personal return.
Torrey Taralli
Short Term Rental - Analyze property - Time spent
4 November 2021 | 4 replies
I've seen some college kids who are geniuses with Excel and I was impressed in regards to how fast they created sophisticated spreadsheets.
Leida Rodriguez
Unruly contractor asking for more payment
16 November 2021 | 4 replies
But also, it shows to me that the contractor is good with his money, budgets appropriately, and can handle making payroll for his guys without issue.
Marshall Smith
Best Practices to Vet and Attract Commercial Renters
17 November 2021 | 4 replies
The smaller tenants and less sophisticated want gross or Net leases. if you get a bigger tenant, they can handle NNN leasing.You need to come up with a process that analyzes both USE and USER.
Franklin Romine
Payroll System Tracking Time, Schedule and Pay
9 December 2021 | 0 replies
I'm curious if anyone has a good system they are using to Schedule people, track time and send to a payroll company.
Justin Williams
Introduction - Aspiring Investor
17 December 2021 | 5 replies
Our household income is about $13k monthly after taxes and payroll deductions (health insurance, 401(k), etc.)My wife and I have never been particularly fiscally responsible, although we live a fairly simple life.
Jonathan Bell
How did you find your first partner?
11 January 2022 | 38 replies
Things I learned in my first job that have continued to prove valuable today: underwriting, managerial accounting, private equity deal structures, what a side letter is, what investors want out of deals, what a K-1 is, why real estate is a valuable investment class, what asset allocation is, where to find tenants, what cam is, how to handle Capex items in sophisticated underwritings, loan docs and negotiating terms thereof, understanding a lease, what an estoppel is, what a phase one and phase two are, how to read a PCA, basics of land use and zoning...Oh and best of all, I got paid to learn all of this stuff.
Andy Lanyi
Off market real estate agent, buying and selling agent good deal?
4 January 2022 | 6 replies
Lots of people are OK with that because a lot of times people buying in that 2 to 5 million dollar range are more "sophisticated" than someone buying their first home or investment property and they know their way around the deal and don't need guidance, they just want to get the deal.If you feel comfortable with the deal process and economics then I wouldnt worry about what the listing agent is going to earn but if you are worried about getting hosed, you probably should be and hire an agent to work on your behalf.
Abraham Shamosh
Finding a market to narrow down to
17 January 2022 | 21 replies
In order to be successful at it, I would advise developing your Core Four: investor friendly realtor, reliable contractor, sophisticated lender and a reputable property manager.