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26 January 2025 | 54 replies
To get the job you have to have job experience, which is a catch 22.
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29 January 2025 | 3 replies
Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?
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3 February 2025 | 1 reply
Through my experience, I’ve cultivated a conservative approach that balances opportunity with risk management that I apply to every deal that crosses my desk.
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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
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10 February 2025 | 7 replies
Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.
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10 February 2025 | 3 replies
Any advice on this and experience/tips from others having gone through similar deals would be greatly appreciated!
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31 January 2025 | 2 replies
@Helena Lee, I do not have experience with it, BUT I would expect to pay capital gains on the bitcoin.
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29 January 2025 | 5 replies
In any case, successful wholesaling REQUIRES the knowledge, experience, and ability to accurately estimate repair and rehab costs and time.
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5 February 2025 | 0 replies
This experience proves that even with challenges, strategic renovations and persistence can lead to a profitable outcome.
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27 January 2025 | 6 replies
The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements.