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26 May 2014 | 10 replies
Nevertheless, in response to commenters' requests, the final rule provides a non-exclusive list of methods that issuers may use to satisfy the verification requirement for individual investors.The methods described in the final rule include the following:Reviewing copies of any IRS form that reports the income of the purchaser and obtaining a written representation that the purchaser will likely continue to earn the necessary income in the current year.Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited statusThe underlined/bolded item above leads me to believe that this guidance is only for reference and one can do their own, independent process provided it is reasonable.
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21 January 2020 | 6 replies
I would only exercise the option if local development continues and I can flip the property for a nice profit.
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18 January 2014 | 5 replies
Greetings BP,As I continue to learn everyday about RE investing...a new scenario always seems to pop up.
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31 May 2013 | 12 replies
Hey, in order to have access to the MLS site, isn't there a premium that one still has to pay in order to continue using the MLS benefits?
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1 June 2013 | 8 replies
Houston is a great place to be investing as all of our major market indicators continue to trend upward.
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1 June 2013 | 7 replies
Staying busy with a big SAP implementation but trying to continue to make progress on the real estate side of things.
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2 June 2013 | 6 replies
Just more of a reassurance.You can make the asking price super high that way if they still want to continue with the purchase you will make a hefty profit upfront or option it so you get a higher rent income and if they don't end up buying while rent to own, they keep the property nice so no need to worry there.Just a quick thought.
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1 June 2013 | 5 replies
The Saga continues ...Anything helps, thanks.
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3 June 2013 | 7 replies
I'm not sure if this is my niche or not quite yet, but I certainly have an interest in it and will continue to grow my investments where there is opportunity.
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5 May 2015 | 52 replies
Taking their cash flow, paying off one home at a time and once one home is paid off, acquiring a new one and continuing that process until I'm in a position to either pay cash for a home, or pay it off within 3-4 years.