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11 December 2024 | 8 replies
I would encourage you to look outside of Austin since going there shouldn't be too difficult if you need to do something in person, you can even drive some of the areas yourself and do your own evaluation of it.
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10 December 2024 | 8 replies
We tell them to sign in with their personal account information and all is good.
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12 December 2024 | 18 replies
Quote from @Sanjay Bhagat: A investor in syndication invest in the person more than the deal.
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11 December 2024 | 6 replies
I haven’t personally homesteaded yet due to how disgusting the place was and all the work/money that’s needed to be put into it to get it livable.
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10 December 2024 | 11 replies
You may also want to ask when a member must be a guarantor of the loan, if a hard or soft credit inquiry is done, and if the loan reports to personal credit.cheers!
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9 December 2024 | 2 replies
It seems often that people will dwell on books, articles, podcasts and other sources and really just need a bit of personal motivation by peers to get out there and take that risk to start gaining those Street Smarts.
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9 December 2024 | 38 replies
And for vast majority of persons delayed debt payments results in accruing debts, because they find they have less left to pay down than hoped.
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8 December 2024 | 2 replies
Wet signing the lease in person is the only opportunity to talk to the tenant about stuff that matters - so we quickly switched back.
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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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9 December 2024 | 98 replies
I personally know people that are financial imbeciles preaching "Buy Bitcoin!!!"