Logan Jones
Does anyone know anything about renatus program
4 July 2016 | 19 replies
There are folks, a couple here on BP, who are adamant the organisation is the best path to a future in real estate investing and there are many here who see it as multi-level marketing scheme designed to make a few at the top of the pyramid wealthy at the expense of those recruited at the entry level.
Account Closed
With Bitcoin, why do you need the stock market
28 November 2017 | 7 replies
The secrecy of bitcoin makes it perfect for market manipulation and pyramid schemes.I think it should be rebranded from Bitcoin to Bubblecoin.
Greg P.
When Donald Trump, Samuel Zell, Donald Bren, etc etc
6 June 2010 | 4 replies
Allen both recommend getting involved with pyramid sales schemes or "multi-level marketing " as it is called now.
Vincent Priore
Buying Commercial Property that houses my business
24 September 2016 | 11 replies
SBA's regulations on leasing require that the small business occupy at least 51% of the rentable property if the 504 project is for an existing building and at least 60% of the rentable property (with the intent to move into at least an additional 20%) if the 504 project is new construction.Eligible Borrowers: For-profit, non-publicly traded businessesTangible business net worth (including affiliates) not to exceed $15 millionAverage net income of the business not to exceed $5 million over the previous two yearsOwnership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)Examples of Property Types Fountainhead Finances:Medical offices or medical facilities (such as labs and clinics)Office buildings (including office condos)Warehouses (and other industrial properties)Day care facilities (for children or adults)Free-standing restaurantsLimited-service, flagged hotels (some unflagged destination hotels will be considered)Auto repair shopsAssisted-living facilitiesCall to ask about many other property types that are eligibleIneligible Borrowers: Non-profits (except sheltered workshops)Passive holders of real estate and/or personal propertyLending institutions (mortgage brokers and correspondent lenders are eligible)Life insurance companies (franchised agents are eligible)Businesses located in a foreign countryBusinesses selling products or services through a pyramid planGambling concernsBusinesses which restrict patronageGovernment owned entities (excluding Native American tribes)Consumer and marketing cooperatives (producer cooperatives are eligible)Businesses engaged in loan packagingBusinesses that have previously defaulted on a Federal loanBusinesses engaged in political or lobbying activitiesIneligible Use of Funds: Working capitalInventoryRolling stockBusiness “good will” or “blue sky”
Marcus Maloney
Selling My Rental With Seller Financing I Have Questions
10 March 2017 | 10 replies
I normally do not sell but it gives me an opportunity to pyramid up to a multifamily.
Tom Stern
I own rental properties & want to increase cash flow - Does my plan makes sense?
21 June 2023 | 28 replies
Liquidate one, to Pyramid into 2/3 via 1031.
Isiah Ferguson
The upside of D class neighborhoods ?????
29 March 2017 | 92 replies
Hi @Isiah Ferguson,Your question is sound and I can speak from experience to hopefully give you some insights.I got my start in these areas because it was what I could afford at the time and also because at that time, I was of the belief that I wanted to operate at the base of the tenant pyramid because that gave me the most opportunity for potential tenants.My business partner and I always bought properties that were in rough shape and needed major repairs and we always upgraded a notch or two above what the neighborhood looked like to keep vacancy low.In practice, the returns are always going to be lower than whatever your spreadsheet tells you going in.
Scott E.
Ken Griffin Building a $1 Billion Mega Mansion
25 October 2023 | 2 replies
If I was spending that kind of money I think I'd build a nice pyramid.
Bradley Shuhart
How much negative cash flow is too much
20 September 2023 | 147 replies
And yr 7 things need to be looking like it's a hard decision to make, to sell to reap the very sizable gains in property, ideally around 2x our capital affording Pyramiding at this point, but the cash-flow is now so good that some would call it a "cash-cow" so we'd feel a draw to just hold it.
Eric Bilderback
Millennial's growing poorer
13 September 2023 | 200 replies
It's like the most genius pyramid scheme ever because people outside of the organization are the ones who pay for it.