All Forum Posts by: Susan Knight

Joshua Dorkin congratulations, I for one, am so happy to have found your site and love the platform. Everything I need is one click away. The learning element and guidance by pros are priceless. Amazingly it's all down to earth. Keep up the great work!!!

Congratulations this is awesome, and to make a connection on BP and do a deal together is even greater. Great Job!

Welcome, Conway SC/ Myrtle Beach, SC area here. This site is addictive!!!

@Bryan Hancock So basically, a sponsor, finds a deal, promotes and markets to say 10-20 people. Lets say 5 decide to go in. Each paying 20% on the deal. Sponsor does all the ground work, putting the deal together. The 5 people pay 20%, this will be a cash buy property no financing. Each person gets a 20% gain from the property, if it rents out or sells. The promotor has a set fee or charge in order to pay for his hard work and is clearly set in the beginning or the promotor will be in on the deal which will be his payment of setting it up, (skin in the game, his money involved). tax reasons about capital gain? are investors using capital gain from a previous deal to invest in this scenario and then they wont have to pay as high of tax if any on CG, since they reinvested? and thus they keep investing the profit? 

Thanks for your input, I greatly appreciate it!

Susan

Luis Vega great job, when you start reading a post and it cost me 18 bucks... I bought the book lol.

Bryan Hancock and David Thompson Can you guys explain Promote Ana Syndication? Thx in Advance

Jenna Richardson is there a website that we can find this information from in SC? Sorry to high jack this post. Also, do you think the programs are open to multifamily if you house hack?

Todd Dexheimer I think you need to do a podcast ;-)

Got ya. yes I live in Conway SC and I hear courthouse auctions are a no go, since the area good ol boy system, wont let outsiders in. I plan on going to watch one, but am discouraged at the process of elbow room with these investors. Thanks for your return post.

John Underwood can you explain a little deeper in what you said? Smaller counties and institutional financing? Do you buy lots?