In instances where they are enforceable, the loan agreement must contain specific language and certain procedural requirements must be met. 

I can see the value there, on the other end it may make some folks think some activities not included are not REPS activities when they might actually be.

You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Inventory began rising in late December 2024 and continued through June, but has since leveled off.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents remained stable MoM and marginally up YoY.

If the HOA was prudent in hiring this vendor, the HOA should have collected an insurance certificate and CGL endorsement listing the HOA as additional insured and the service contract should contain an indemnification provision in the contract that should cover HOA members property.

The information contained in this post is not to be relied upon.

Guests staying more than 30 days are likely going to cook at least some of their meals, and nothing ruins a stay faster than opening up the cupboard to discover worn, dingy, and damaged cookware.Best practice: Buy a new, inexpensive yet COMPLETE set of cookware, containing at least a frying pan, a covered skillet and two sauce pans.

That said, not every rent-increase / renewal notice in NJ includes explicit “notice to vacate” language, and many standard lease software templates omit it.

The information contained in this post is not to be relied upon. 

A 1031 exchange or installment sale can help you defer them and keep more money working for you.In short, include depreciation, entity structure, and exit taxes in your underwriting.