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Results (10,000+)
William Kyle Walker Call notes from discussion with my syndication attorney
15 November 2018 | 7 replies
.-506 B offering = Investors we know-506 C offering = General solicitation to accredited investors only = More steps to disclose and more steps to verify accreditation status- Don’t need to be licensed, we file a “issuer exemption”, as long as the person on our team does more than just capital raising and their compensation isn’t based on how much they raise.
Willie Smith Private money questions
7 September 2018 | 16 replies
Good luck @Willie Smith I am a East Carolina University alumi from North carolina currently in Austin texas.
Ho Eun Park Investing in rental properties outside of CA -> NV, TX, IL
6 September 2020 | 8 replies
. - Lot more inventory to work with (flexibility)- I see many affordable homes 150k-250k range and multi unit homes around 250-400k range- Thinking of buying between or near UNLV university/ main strip so I have faculties, staff, students from the universities as well as employees from the casino/hotel- Property Tax is cheaper (but can be a con in other states).Con & other inputs: - I feel like Las Vegas have short term residence more than long term residence (most of the properties seems to be owners who are not purchasing to live but to use it as vacation home or short/long term rentals.... so many properties can be vacant and potentially allow squatters/long eviction process)- Nevada law require a "responsible" person aka landlord/property management within 60 miles - Distance (I like to buy my properties locally because I can stop by or fix something if needed either by myself or contractors that I work with/familiar with- Property Management fees since long distance - Finding a property management company that is reliable and trustworthy. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)
Eddie Gonnella New Member From Bangor/Orono Maine now living in Richmond VA
1 November 2018 | 9 replies
Hey All, My name is Eddie Gonnella and I'm originally from Old Town, Maine right next door to the University of Maine where I studied Civil Engineering and lived for 4 years in Orono.
Ho Eun Park Have you bought investment properties with business partners(s)?
11 September 2018 | 4 replies
Of course you have to qualify as an accredited investor for most, but if you do qualify it gives you the opportunity to get into bigger deals/more units that you otherwise would not be able to accomplish or afford on your own.You'll also be a limited partner in syndications, i.e. no active role in managing the property, so you'd have to be okay with that as well.Just food for thought!
Yuvaraj Vimawala Multi family deal in Waco
7 September 2018 | 3 replies
Here’s a deal in WACO that i want to place an offer:CLASS - C/C+Units - 14 + duplex = 16Mix - 2 BED 1 Bath Rents = 575 averageCap rate 9.2 % actual (Or So they say)Previous owners bought it for $545k List price = $680KAll bills paid communityTotal operating expenses -$55kNOI = $62KCash flow is around $2.4K / month100% occupied with rent roll6mins from a a good university Numbers check out on paper, value add opportunity is also there.
Travis Raila Out of state investors - what market did you choose and why?
19 January 2021 | 116 replies
Texas  - no income tax and looking into areas near major universities or downtown (Dallas, Houston or Austin areas).
Jason Horton Seeking some guidance!
7 September 2018 | 4 replies
I recently completed a professional home inspector training course from AHIT at University of Arlington Texas, because I was just ignorant to what a home actually was..
Sarah K. Sell or hold Chicago south side rental?
30 October 2019 | 15 replies
I purchased an apartment in the Chicago area near my university campus while I was studying back in 2006.
David Weckworth New to the game from Ottawa, Ontario!
7 September 2018 | 1 reply
I'm 25 years old, living in Ottawa and recently graduated university with a BComm in accounting.