Chris Yeung
Investing in Norada Funding's notes
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.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
I interviewed another Syndication and appreciated the fact they said 1) They never lost any of their investors money 2) They aren't currently entertaining deals until they are more solid on the market's direction. 3) their Exits are designed much shorter than ODCs.
Bill Warren
Asset protection help
7 December 2024 | 1 reply
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
Our goal is to design/build a house that can legitimately be a big SFR or a Padsplit property.
Tyler Peairs
Ground-Up Construction Pacific Coast Mexico
2 December 2024 | 6 replies
I'll post updates here in case anyone wants to follow along.We syndicated in the states to fundraise enough for architectural renders, entitlement, legal, and to pay off the land. 1/4 of total funds required have been deposited in our bank account.Convinced a world-class architect to do luxury design for us.
Raza Rizvi
STR laws in Cincinatti
5 December 2024 | 5 replies
It's designed to ensure someone nearby can manage things responsibly.Your plan to hire a local person for emergencies and other tasks is a great workaround.
Rene Hosman
If you had one question for a professional house flipper, what would it be??
4 December 2024 | 25 replies
And most importantly how do design your landscaping?
Chirag Mehta
Newbie- Land purchase and development of Retail Shells
6 December 2024 | 12 replies
Get a good architect first and design what you need don't jump the gun.
Ke Nan Wang
6 Bedroom 5 Bath Multi Generation Co-living New Construction Investment Project
9 December 2024 | 0 replies
The design requirements are as follow:1. 6 bedroom (maximum allowed by the septic requirement based on lot size)2. 5 bathroom (Almost each bedroom has a ensuite bathroom) 3.
Cole Harris
Considering Selling 2 Bedroom Cabin Gatlinburg
9 December 2024 | 8 replies
With it being in a planned neighborhood, all the cabins design wise are the same, but ours has even better views.