Quote:
Originally Posted by blankall
My understanding as the reason for the depressed markets in Florida, Arizona, California, and Las Vegas, is that there are large areas that are totally vacant. How can you guarantee any kind of rental income?
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Not guaranteeing anything at all - there is risk with any investment. I am not going to give my take as it will be covered on Friday in the session. One very simplified answer is that people who got foreclosed can't get a mortgage (which leads to the very profitable lease option structure).
Quote:
Originally Posted by bizaro86
Fair enough, I'm sure you have legal advice saying what you're doing is in compliance with securities law. My impression was that public offerings of securities like:
required a prospectus, and either a public registration or they could be sold by an exempt market dealer.
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No securities are being sold - you are simply a private money lender who lends at given terms bound by contract and secured by the property.