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17 December 2024 | 13 replies
Thank you for this post I copied it and sent it to my office to save on drop box.Myself I grew up in the land business as my Dad was in the land business starting in the mid 60s and I started in 75..
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6 December 2024 | 2 replies
Quote from @Frank Chin: @Matthew SpiegelSome years back, I used to go to the local building or planning departments, and get the information from the local offices directly.
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8 December 2024 | 1 reply
Especially if it has to go through the state attorney general.Also maybe someone on here knows someone at the AG's office that could try and push it threw for you.
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11 December 2024 | 10 replies
Instead they are "flex spaces" or "offices".2.
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10 December 2024 | 7 replies
In desperation, I even visited their office in person, only to have my concerns dismissed and another empty message taken.
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13 December 2024 | 5 replies
I have a ton more to learn and am mostly just here to share your concerns, but after reading a lot of articles I'm shying away from expanding into this territory while he's in office.
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9 December 2024 | 15 replies
@Isadore NelsonYes, you can check the county clerk’s website or office.
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6 December 2024 | 12 replies
I have meetings with my lawyer to discuss partnership contract and acct for the financial piece.Since this is extremely new, I am building a team of a contractor, broker, loan officer, accountant, Lawyer and investors.
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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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8 December 2024 | 7 replies
I truly just think this was a conservative bank/incompetent loan officer.