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10 December 2024 | 12 replies
Best of luck with your mobile home journey!
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9 December 2024 | 2 replies
Bigger Pockets is a great place for education and networking.
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11 December 2024 | 5 replies
You just got a super cheap education #8 I would seriously consider a bond fund etf vs real estate based on your post.
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4 December 2024 | 32 replies
Throughout my journey I've come to terms with the fact that this is going to take many years of failures before I will be able to see a little bit of reward.
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19 December 2024 | 55 replies
As of my last update in April 2023, the definition of an accredited investor includes, but is not limited to, the following:Income: Individuals who have had an income of more than $200,000 (or $300,000 together with a spouse) for the past two years and expect the same for the current year.Net Worth: Individuals with a net worth exceeding $1 million, either alone or together with a spouse, excluding the value of the person's primary residence.Insiders: Directors, executive officers, and general partners of the company selling the securities.Professional Experience: Certain professional certifications, designations, or credentials or other credentials issued by an accredited educational institution may allow an individual to be considered accredited.Knowledgeable Employees: In the case of private funds, "knowledgeable employees" of the fund are also considered accredited investors.Institutions: Banks, partnerships, corporations, nonprofits, and trusts with assets exceeding $5 million.By imposing these criteria, Regulation D is meant to ensure that all participants in such an offering are capable of fending for themselves or sustaining the risk of loss, thus requiring less regulatory protection.Under Rule 506(c), it is not enough for an investor to simply claim accredited status.
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4 December 2024 | 3 replies
Recognize that going out of state will come with a lot of learning and education; there's a cost for that of your time and if its better served educating out of state or spending it on the property.
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19 December 2024 | 82 replies
Quote from @Aaron Zimmerman: I would spend 3-6 months educating yourself and networking with other investors.
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12 December 2024 | 18 replies
PassivePockets is a great place to do this as well as live events such as BPCON every October.Just as important as networking is education.
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8 December 2024 | 26 replies
Best of luck with the move and your real estate journey!
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13 December 2024 | 35 replies
Best of luck on your journey and feel free to reach out if you have any questions