How does this impact someone purchasing notes from a fund etc?

Bigger Pockets is the only website that has impacted our business in any measurable way.

For a smaller bank, taking a write-down of $210,000 ($300K-$90K) would make a huge impact on the perception of the bank's health.

Bid rigging is few and far in between, and it doesn't impact 3rd party bidders.

This is what is impacting a lot of people.

I wanted to open up a discussion on the topic of real estate Crowdfunding and its impact on how deals are financed.What do you think the future will bring?

This is definitely more of an issue for rehabs than for new construction, but even new construction has lots of of unpredictability -- from weather impact to unpredictable city inspectors.I have a well-defined scheduling order for all my rehabs (see the BiggerPockets books for more details), and then I will generally keep my contractors formally scheduled for 1-2 weeks out at any given time (again, tracked with custom spreadsheets).

The amount you have to play with will largely impact what and where you can buy.3.

- I assume geography has a big impact on the $200 rule, correct?

While you don't need a tax ID # to originate a loan, you will have issues without one, so bring up the future concerns to your attorney.BTW, accepting a deed in lieu of foreclosure has the same tax impact on you as if the loan had been fully paid, you'll have a tax liability while not receiving cash!