Account Closed
"Reasonable steps"... a liability in verifying investor accreditation status?
Hey everyone. For the issuer of a security to a group of accredited investors, what exactly qualifies as 'reasonable steps' in verifying an investor's 'accreditation' status? Can the issuer for instance be held liable...
Nathan Biller
How do you handle your books when a PM manages your portfolio?
I have a handful of properties which are all managed by the same property manager. They use Rent Manager, and I'm able to log in and view all the standard reports as well as a complete general ledger detail. However, ...
Bawo Ayomike
Land Development Financing Question
Is anyone familiar with development project financing? The application process requires financial statements along with business/partnership tax filing. The documentation was provided to me two days ago to prepare. I ...
William J Anderson
Introduction and Seeking Advice on T-12s
Hi Everyone,
I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as...
Janet McElroy
Auditing Property Management Company
I'm going through the divorce from hell and the judge ordered us to get a property management company. My ex found this person and I was okay with her at first, but now my ex has turned her totally against me. We ar...
Jay Gilkey
Any loan officers/professionals with advice on how current sub2's will affect new commercial loan?
I have an appointment tomorrow afternoon with a commercial loan officer and want to be as prepared as possible so as to not shoot myself in the foot.
Here's my situation:
I am in the middle (in underwriting) of buyi...
Adam Hays
Accounting for an all Cash purchase
we paid cash for a multifamily property. When creating a monthly profit and loss statement do you include property acquisition as an expense? Or do you just include it in the balance sheet and don't really count it as...
Jemma Jacques
Commercial loan needed to buy and fix up apartment building
Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...
Syed Khan
Putting together a portfolio prior to meeting with the bank
Hi Everyone,I have a meeting coming up with the VP of a commercial loan bank. I have successfully fixed and flipped one property so far. I would like to get some ideas on what I should include in my portfolio prior to...
Joe Ansley
Apartment Analysis Software
What's the best analysis software for apartment investors?