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4 December 2024 | 32 replies
When you have a VERIFIABLE record of success within specific property types - and typically specific geographical areas, you MAY be able to attract enough passive investment to begin syndicating smaller type deals.
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20 November 2024 | 15 replies
I got a suggestion for a company called TruFinCo. There's nothing here on BP and no one who I actually know has used them. How does one go about making sure that a company is legit and not just a shell or scam?
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10 December 2024 | 100 replies
And who is verifying information with tax records and the seller, securing disclosure documents, and entering the property into MLS and any showing applications?
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26 November 2024 | 86 replies
.- Syndicator intimidates investor (who just lost tens or hundreds of thousands of dollars investing with said syndicator) with legal threat- Terrified LP, already having lost money, now is scared that wealthy syndicator could ruin them, and asks me to remove the forum post discussing the companyWhile I am in no position to verify the truth or falsity of claims made on these forums by LPs or GPs, to me, it seems like a special hell is emerging for investors where the following reality is possible:- Invest tens or hundreds of thousands of dollars with a syndicator- Lose all or most of this investment- Get ghosted/poor communication from sponsor- When they complain or ask for help, get threatened with legal actionI told the person with the original post the following: - Name the syndicator, and I will publicly call them out for their threat, if they confirm who it is.
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25 November 2024 | 13 replies
Also, have you verified if you can lease a home to 8 unrelated individuals?
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22 November 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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26 November 2024 | 9 replies
I've verified with the city already.
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24 November 2024 | 7 replies
If a stranger looks you up to verify you’re real, can they find you?
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26 November 2024 | 44 replies
If its a New Western deal though I am extremely dubious .. those require extra due diligence as the deals I see coming from them one needs to verify every aspect of what your being told.
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27 November 2024 | 16 replies
Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.