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6 February 2025 | 9 replies
Like you said, I want to seed different strategies I can implement with the limited capital I have.
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19 February 2025 | 26 replies
Age doesn’t limit you a small mind and lack of creativity does.
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2 February 2025 | 5 replies
Send the letter ASAP, say Monday so there’s no time limit problems.
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7 February 2025 | 10 replies
Well this is going to be more mandated by your investor base than anything a mentor can help you with (i.e. there are groups raising money targeting low double digit returns, with limited cash flow, and other groups that need to show mid-20s to get investor interest).Lastly, if you are looking at a mentorship: really hammer on HOW they will help you be successful.
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28 January 2025 | 14 replies
You'll still need some liquidity for reserves and to be reimbursed for work completed in draws, however its usually limited to 10-20% of the rehab budget needed in reserves to make the deal work.You're welcome to DM for more details if interested. 👍 Good luck!
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14 February 2025 | 6 replies
But unlike a Roth, there are no contribution limits.
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14 February 2025 | 15 replies
I do have some very limited experience with commercial, but I've found it to be risky when retail vacancies come up, at least in the Bay Area.
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15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
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1 February 2025 | 4 replies
That means:🚫 No posting on social media🚫 No blasting your deal to an email list of strangers🚫 No promoting your syndication on a podcastThe SEC is clear: “No general solicitation or advertising to market the securities.”If you want to publicly advertise, you’d need to use Rule 506(c)—which requires investor verification and limits you to accredited investors only.🚨 Warning: If you advertise a 506(b) deal publicly, your entire offering could be invalidated, leading to legal consequences.2.
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31 January 2025 | 6 replies
Control the humidity, mold goes away.