Marc C.
Easy Syndications in New Mexico via the 202N exemption
7 October 2016 | 0 replies
An issuer will be presumed to have a reasonable belief that all of the purchasers of its securities in this state are purchasing for investment pursuant to Section 58-13C-202N(3)(a) if:(1) the issuer, prior to a sale of its securities to a purchaser, obtains from that purchaser a signed statement that the purchaser is acquiring the securities for its own account and does not intend to resell the securities within twelve months of the purchase date;(2) the issuer maintains a record of all statements obtained pursuant to Paragraph (1) of this subsection;(3) written disclosure is provided to each purchaser prior to sale that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration; and(4) a legend is placed on the certificate or other document that evidences the security stating that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration.D.
Jason K.
wind storm policy issue -- Is there a solution here??
3 February 2011 | 10 replies
(Let's assume the house IS windstorm certified but the windstorm policy/certification just cannot be located: Would it just take an engineer to come out and inspect/give his stamp of approval saying that "Yes, it is built up to windstorm requirements?"
Chris Garzino
Tax Lien Certificates
3 January 2021 | 12 replies
Hi BP Community,I have been watching a 7 module course about buying Tax Lien Certificates.
Account Closed
Is Section 8 Worth It?
9 June 2021 | 19 replies
If I may segue into a separate aspect, does anyone know what certifications are necessary for HUD as a property manager/landlord for Section 8?
Josh Skogen
Oil tank in basement of house I'm rehabbing.
23 September 2017 | 21 replies
Above ground tanks that have not leaked are able to be drained, cut open, cleaned out then scrapped without any type of certifications.
Account Closed
Creating a "Brand" LLC
3 October 2017 | 13 replies
pretty simple just create your brand LLC and just use promo material on the properties.the management company I rented from had a multi structured LLC in which there was a management company and the LLC that owned the property.you don't need a lawyer to do this however depending on your state you may be required to file monthly taxes with the local government and obtain a certificate of use (depends how much free time your city has to actually enforce these wasteful taxes/fees).
Brian Seggebruch
Critique my first analysis - looking for feedback to improve
17 October 2017 | 7 replies
@Brian SeggebruchClosing costs for the buyer include: inspection, appraisal, lawyer fees, title search, lender title insurance, origination and underwriter fees for the loan, processing fees for the loan, property survey, 6 months of property taxes, 12 months home insurance, and other misc. fees like tax service fees, recording fees, Fed Ex fees, flood certification, other local fees.Broker fee if you're using one.Plus down payment.
Rafael Medrano
FHA on fully leased multi family
11 April 2016 | 8 replies
I believe you can create an estoppel certificate documenting the length and conditions of the tenancy and any other considerations or agreements between the tenant and Vendor.Since you inherit the existing lease, you honor its conditions- At the end of the lease you can raise the rents if you'd like- Hope this is helpful!
Michael Moikeha
Contractor Pay Schedule
8 August 2023 | 50 replies
Retension at 5-10% and paid 30 days after certificate of completion.
Jason Chambers
Has anyone tried an online notary? Is it legit?
7 January 2017 | 15 replies
You get the document notarized locally then obtain government certificate(s) for it to be used in the US.