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3 February 2025 | 24 replies
Unfortunately they aren't very good for finding quality Realtors.
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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
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29 January 2025 | 21 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
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22 January 2025 | 2 replies
Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.
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21 January 2025 | 2 replies
The profit was used to buy a higher quality SFH in the same area.
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5 February 2025 | 16 replies
When identifying and working with a property manager long distance, quality and local presence matter most.
20 January 2025 | 6 replies
If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.
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29 January 2025 | 6 replies
The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.
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19 January 2025 | 1 reply
Whether it’s a deep clean or a quick standard turnover, I’d love to know who’s been your go-to.
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19 January 2025 | 2 replies
Looking to construct a duplex at a reasonable cost but also quality for long term durability.Thank you!