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14 December 2016 | 18 replies
So if your net sale is 280 (net after closing costs ) then you would need to buy 7 of those 40k properties to avoid all tax.Other restrictions apply.
21 December 2020 | 18 replies
In addition to broker relationships and internet sources like Loopnet and Crexi, my business partner and I are starting a direct to seller campaign focused on owners of 5 - 50 unit buildings.
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12 August 2016 | 6 replies
@Ryan MooreWelcome to the BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken your 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab/fIip or buy and hold it's up to you to decide, but there are no restrictions if you want to do all of the categories mentioned.The bottom line is that you must take action to start.
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19 April 2016 | 20 replies
We started with a direct mail campaign and wholesaled our first deal in just six weeks making $10,500.
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6 November 2015 | 22 replies
Certain companies would not be eligible to use the exemption, including:o Non-U.S. companies,o Exchange Act reporting companies,o certain investment companies,o companies that are subject to disqualification under Regulation Crowdfunding,o companies that have failed to comply with the annual reporting requirements under Regulation Crowdfunding during the two years immediately preceding the filing of the offering statement, ando companies that have no specific business plan or have indicated that their business plan is to engage in a merger or acquisition with an unidentified company or companies (no blank check companies).Investor Limitations Individual investors may, over a 12-month period, to invest in the aggregate across all crowdfunding offerings up to:o If either their annual income or net worth is less than $100,000, than the greater of:§ $2,000 or§ 5 percent of the lesser of their annual income or net worth.o If both their annual income and net worth are equal to or more than $100,000, 10 percent of the lesser of their annual income or net worth; Securities purchased in a crowdfunding transaction generally are restricted and may not be resold for one year. o Holders of these securities would not count toward the threshold that requires a company to register its securities under Exchange Act Section 12(g) if the company is current in its annual reporting obligations, retains the services of a registered transfer agent and has less than $25 million in total assets as of the end of its most recently completed fiscal year.
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27 October 2015 | 1 reply
Newbie here...So I get the concept of wholesaling, but what I'm struggling with is what to actually say to sellers when they responding to a marketing campaign.
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27 October 2015 | 6 replies
They said to get video instruction you have to talk to members using their adsense campaign who are familiar with creative studio etc.I am going to upload my video to vimeo now and use that instead.
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13 October 2017 | 8 replies
However, there are many restrictions.
28 October 2015 | 4 replies
Most lenders don't want to do more then 4, an internal restriction.
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1 November 2015 | 3 replies
Depending on the deed restrictions in your area, you could also put in a quality septic system and rent for mobile homes or an RV park.