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14 January 2014 | 47 replies
Provided that the issuer of securities does not otherwise have knowledge that such person is not an accredited investor, the issuer will be deemed to have taken reasonable steps if:with respect to purchasers who are accredited investors based on income, the issuer reviews IRS forms that report revenue (W-2, Form 1099, Schedule K-1 or filed Form 1040) for the last two years and obtains a written representation from such person that he or she has a reasonable expectation of reaching the income level in the current year;with respect to purchasers who are accredited investors based on net worth, the issuer reviews bank statements, brokerage statements, other statements of securities holdings, certificates of deposit and/or tax assessments and appraisal reports issued by third parties in order to verify assets, a consumer report from at least one of the nationwide consumer reporting agencies to verify liabilities and obtains a written representation that all liabilities necessary to make a net worth determination have been disclosed (all information reviewed may not be more than 3 months old);the issuer has obtained a written confirmation from a broker-dealer, a registered investment advisor, a licensed attorney or a CPA that such person has taken reasonable steps to verify that the purchaser is an accredited investor within the prior 3 months and determined that such purchaser is an accredited investor, andfor purchasers who previously purchased securities in an issuer’s Rule 506(b) transaction prior to the effectiveness of Rule 506(c), a certification that such person is an accredited investor.A simple Google search has a bunch of third party verification services.
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18 January 2014 | 29 replies
Greg Hall notice can be anywhere from 31-59 days.Anytime notice is given in the TAR lease, the termination of the lease becomes effective the last day of the month following when notice was given.
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4 February 2014 | 5 replies
I have never used them, not sure how effective it is but it may be a help.
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11 January 2014 | 4 replies
My lead does not want to do that.I know there are other methods, such as filing for a temporary restraining order, but don't know how effective this method is in CA.
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26 February 2014 | 16 replies
We have an older oil boiler and switched to electric tankless for the hot water.I really like it as the oil on demand heater did not get water to the second floor tub effectively.
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31 January 2020 | 101 replies
Such increased values are not taken by insured lenders.I can't change what the rules are, lower of cost or market, 12 months in RE valuations (marketable assets are different, they go at current book value, a horse of a different color, but I'd also say in reality, that any security that jumped in a very short period to double it's value probably wouldn't be taken at current book as collateral as it would be considered a very volatile security).The rules and regulations as well as definitions are what they are, opinions won't change them, I didn't make this stuff up, they have been effective for decades longer than I've been in business.As I mentioned, there are folks on BP who disagree, some for the opportunity to disagree, some to validate what they do, some have other motives, but it is what it is, you'll do better my understand the how valuations are treated.Point made on accounting matters, we are getting off topic in David's success story as the topic. :)
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18 January 2014 | 2 replies
I am looking for effective mailing/wordage that I can use.
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16 March 2014 | 3 replies
You will begin experiencing side effects before most of them go off.
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4 February 2014 | 28 replies
Mortgage Brokers were just handed a whole new batch of regulations through Fannie Mae, effective Jan. 1 (It's become more strict/difficult to get loans in some cases).FHA just scaled back their loan limits.
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21 January 2014 | 12 replies
(still learning how to use it best but getting better everyday)My website is almost up( hopefully today), got my Bandit Signs ready, working on a nice,specific Absentee Owner list, have my cards, flyers (still refining them), learning the complicated Probate process (which is becoming less complicated thanks to your posts), got access to MLS (through a friend) and the www and learning about the beauty and effectiveness of the Social Networking World (one scary puppy I tell you!).