Hi everybody, my name is John Fisher, welcome to accreditedinvestors.net. Let’s talk about the definition of an accredited investor. I feel like a parrot. I’ve said this so many times, thousands of times. I’m gonna tell you again. Accredited investor is someone that makes $200,000 a year for the last two years or $300,000 combined. They have a million net worth not including their home. They have experience in managing their personal portfolio. The actual brokers vet them to the point where they qualify them 25 to $50,000 minimum, and most of the important of all, they mail them a private placement memorandum. So this is a highly vetted a highly qualified lead as opposed to stuff that you buy from investorleads.com which is pretty much infousa, modeled information, zip+4 average meaningless. These people have nothing to do with investor. It’s phone book and they’re hoping in guessing that maybe you’ll be the right guy. Believe me, they don’t work. We tried. We ran out of quantities in certain states. We tried to use them as filler, and we always had them buy this in a month. They don’t work very well. As far as accredited investors go, they’re really important especially if you do the 504 505 506 and the most important of all, the 506 you gotta be really careful. They wanna make sure that they are all accredited investor. The 504 reg deal allows you to have 35 exemption. That opens you up to scrudny SCC. I like the 506 much much better. Again, if you wanna know what an accredited investor is, as we said before, the definition is that 200,000 income last 2 years, million net worth not including his home, experienced in managing his personal portfolio, and again, these guys are very very qualified. If you have any questions, feel free to call me at 561-239-0364.
- Real Estate Leads
- Silver Investors