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7 July 2024 | 11 replies
You're a "public figure" your name can be used legally, you using my name is protected information.
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5 July 2024 | 73 replies
I'm quite public about performance numbers with my properties there.
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4 July 2024 | 14 replies
The Land Trust would be very useful for both transferring properties into the Series LLC because it is excluded from the Due on Sale Clause AND it can also be used to remove the investors name from public record and provide anonymity for your ownership of the property.
5 July 2024 | 6 replies
The issue is that creating an LLC in NY is ridiculous - 6 weeks of newspaper publication, etc.
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3 July 2024 | 2 replies
I'm only interested in public auctions.
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3 July 2024 | 7 replies
Indiana's adverse possession laws require an individual to occupy a neglected property publicly for at least 10 years.
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3 July 2024 | 25 replies
It also regularly puts out deals at low 65% or less LTV, and high 10%+ skin in the game/co-investment etc.They market under 506B so are prohibited from posting publicly on the Internet and instead function by referrals.
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3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
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7 July 2024 | 30 replies
Then Ground-Up Construction Loans are probably a third category, all under the "Private Lender" bucket agreed those are NON QM lenders NOT private money lenders you guys just confuse the crap out of the public trying to convince them that your private money.