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17 December 2024 | 16 replies
Thanks for the support!
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17 December 2024 | 8 replies
Definitely get the structural engineer to look at the joists & support beams to see what's up with the uneven floors.
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18 December 2024 | 9 replies
I’m also interested in identifying the most scalable approach to support future growth.
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16 December 2024 | 6 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.
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14 December 2024 | 13 replies
The more you can show that you have community support (talk to your neighbors of the property & the local biz) and potentially MEDC conceptual support that will go a long way.
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14 December 2024 | 4 replies
Are there infrastructure limitations, i.e. main sewer can't support 100 new townhomes feeding into it?
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16 December 2024 | 9 replies
Hi, Don't hesitate to get in touch with support@biggerpockets.com for assistance regarding your account.
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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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19 December 2024 | 8 replies
Some lots are used for well and septic so the 10 lots support 6 cabins.
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20 December 2024 | 28 replies
I asked the question once on BP if anyone ever got saved by their LLC and the post had I think 60+ comments, but no real good textbook story to support the case for protection through entities.