Raising Aggregate Capital - Posted by CIO

Real Estate Investing Real Estate Law
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Posted by Bill H on February 06, 2006 at 13:22:06:

More real estate deals are made on the golf course than any where else…most jurisdictions require either a prior social or business relationship before you can ask someone for $$$.

Join a country club or two…get involved in real estate activities…make a track record…AND…the deals and $$$ will come to you…DO NOT ADVERTISE in the paper…that can get you cross-bar hotel time.

PS…If you plan on syndicating…plan on being sued…you can satisfy some of the partners all of the time, some of the partners some of the time…BUT (been there done that) you CANNOT satisfy ALL the partners all the time…you will have problems and be sued…count on it.

Good Luck,
Bill H

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Raising Aggregate Capital - Posted by CIO

Posted by CIO on February 05, 2006 at 21:17:26:

How does a real estate syndication sponsor raise aggregate capital legally? Under SEC regulations syndication sponsors are not allowed to advertise their offerings.

So how does one legally raise capital from “accredited investors”?

I have seen several ads in national newspapers where syndication sponsors are solicting investors in classified ads. I was unaware that this practice was illegal until recently.