27 August 2020 | 7 replies
(The Commission will reevaluate or add certifications, designations or credentials in the future);--include as accredited investors, with respect to investments in a private fund, natural persons who are “knowledgeable employees” of the fund;--clarify that limited liability companies with $5 million in assets may be accredited investors and add SEC- and state-registered investment advisers, exempt reporting advisers and rural business investment companies (RBICs);--add a new category for any entity, including Indian tribes, governmental bodies, funds, and entities organized under the laws of foreign countries;--add “family offices” with at least $5 million in assets under management and their “family clients,” as each term is defined under the Investment Advisers Act; and--add the term “spousal equivalent” to the accredited investor definition, so that spousal equivalents may pool their finances for the purpose of qualifying as accredited investors.They did not index income/wealth thresholds to account for inflation, which would have decreased the number of individuals that qualify as an accredited investor.Not everyone is happy with the changes ( https://www.sec.gov/news/public-statement/lee-crenshaw-accredited-investor-2020-08-26) but syndicators should be.
17 May 2021 | 34 replies
Or stress you out a lot with you not having a PM ?
28 August 2020 | 5 replies
Hey Raymond, there are a lot of things you need to do obviously but one thing I would stress is make sure you take all the costs into account.
27 August 2020 | 6 replies
Depreciation lowers your taxable income and decreases your chances of your rental property increases your tax liability.
30 August 2020 | 10 replies
It can be more stressful and expensive fixing what someone else messed up then just finding the right person the first time.
29 August 2020 | 6 replies
But I have not noticed whether or not if water gradually decreases.
27 August 2020 | 3 replies
All that money you're not spending on the mortgage is money that should be saved to buy the next property and it will start adding up quickly due to the decrease in expenses (Put this money into safe short term investments while it builds up so that when you're ready to go its there and theres most likely not going to be a loss..
27 August 2020 | 8 replies
If you want less stress otherwise you could run into evictions.
27 August 2020 | 1 reply
So I’m wondering if I should just buy a cheaper home with the same amount of bedrooms but save myself the stress and risk of a renovation that I can’t cash in on quickly.
28 December 2020 | 7 replies
That seems to have helped a bit, there seems to be a decrease in the number we receive, but we're going to keep working at it and reminding the tenants.$150 per violation adds up, especially when you can literally prove the trash was out where it was supposed to be and on time.