Nicholas Woo
what are your thoughts using Anderson advisors?
23 December 2024 | 30 replies
I might be bias, but most large corporations are focused so much on scaling that they lose touch on the client's needs.
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
What did your corporate attorneys say when you ran it past them?
Sumit B.
What areas are better to invest in STR - vacation rental
5 December 2024 | 13 replies
In addition, the City of Cape Coral has updated codes and ordinances related to short-term rentals that are now available in a searchable database provided by Municode Corporation (3).Short-term rental limitations have been an issue in coastal communities in Florida, including Cape Coral, where investors can buy property and rent it out for short periods at high rents.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
I have a pretty good idea of home prices but trying to find out more about growth in these cities, any large corporations moving to the area providing more jobs, etc… thanks for your help!
Inderpreet Singh
Transfer to LLC [Prevent Liability] without "Due on Sale Clause"
28 November 2024 | 5 replies
I don’t know how many BP members own properties but I would assume thousands of members own 10’s of thousands of units.Yes I understand people buying 50-100-500 unit buildings need corporate protection.
Livia Adams
Issues with Neighbors Upstairs - Management refuses to do ANYTHING. What can we do?
29 November 2024 | 7 replies
Is the apartment building owned by a large corporation.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
You will be dealing with high school kids who are your employees...I know, there will be a manager, but a manager can only go so far...Plus corporate can come and make you change this or that, you will be obligated to comply.Seems like a headache to me even more than with rentalsSo Ive decided when I retire, I want to enjoy my life, not to deal with a headache from a restaurant
Shelby Ek
HUD homes activating utilities for inspection or apprasials
8 December 2024 | 19 replies
Seems that I have landed myself in a penny wise, pound foolish situation by working with a group of careless corporate zombies at a big company.
Chris Yeung
Investing in Norada Funding's notes
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.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
I recommend you reach out to a company like Corporate Direct to get solid advice on this and not try to piecemeal it together from various sources.