It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

Can that equity come in from a separate fund raising effort from other accredited investors?

", I would agree if all Portals were diligent in verifying and documenting Accredited Investor status and/or minimum investments were set high enough to weed out unsophisticated investors - those that aren't capable of adequately doing their own due diligence.  

35 investors is the limit on non-accredited investors if you select a 506(b) exemption.  

BACKGROUNDFor the last couple years, we've had one single private lender that we've partnered on rehab projects with.But after reading and watching Alan Cowgill's material, we decided to host a luncheon, so that we can take on more projects.After speaking with our Accountant, attorney, and speaking to the SEC, we purchased a mailing list of local Accredited Investors, and sent over 1000 of them very nice, professionally-done invitations to our luncheon.We even hired a company to man a toll free line so that we could accept RSVP's 24 hours a day, 7 days a week.The luncheon was held at a very expensive, 5-star hotel in our area.THE PROBLEMOnly one attendee showed up.We're thinking about giving it another try.

Realtyshares is accredited investors only??!

It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

We're really fortunate to have built connections over the years with professionals we trust (e.g. an amazing realtor who treats us like family, a mortgage broker who is as straight-shooting as we are, etc.) and we feel like we have a solid foundation for getting educated on the process.We definitely are NOT looking at flipping at this point - neither one of us is particularly handy, and with homeschooling 4 of our 5 kids I don't really want to find time for learning to be handy :) - but definitely interested in landlording and slowly building wealth.We feel blessed to be under 40 with no debt (we own our home) and are intrigued by the idea of using this process to teach our children, especially our older two (ages 15 and 13), that there is more to savings than a piggy bank.At the moment our main questions are related to getting started (do we create an LLC?

You can advertise ONLY for accredited investors and all investors in your private placement MUST be accredited.

This bill excludes some high net worth accredited investors which is counter intuitive and unfortunate.