The Investor Insights » Private Money

How Not to Raise Private Money

lassiter — Wed, 14 Jul 2010 22:05:29 +0000

I just read story on BusinessWeek.com about a Utah guy that’s being sued by the SEC for $145 million. Here’s the excerpt because you would think that I was just making it up..

The Securities and Exchange Commission sued a Utah man for falsely telling customers their $145 million would be invested in commercial real estate while instead directing funds to other ventures, including a sandwich- in-a-can business. Travis Wright, 47, sold promissory notes for his Waterford funds to about 175

Pooling and Syndication: Fact or Fiction

lassiter — Mon, 21 Jun 2010 20:47:03 +0000

Without a doubt, the hottest topic at the Getting the Money Bootcamp I held earlier this month was real estate syndication. Real estate syndication is simply pooling funds to invest in real estate. I’ve been syndicating real estate and pooling investor capital for several years now

Getting the Money

lassiter — Wed, 09 Jun 2010 18:55:06 +0000

Whew. My Getting the Money Bootcamp wrapped up Sunday and we had a blast! We had 106 real estate investors from all over the world in Denver getting Advanced Private Money and Syndication Training. Here’s a little video snippet of one of my seven

Equity Investors vs. Debt Investors: What’s the Difference?

lassiter — Thu, 13 May 2010 17:36:24 +0000

The subject of private money is a broad one and one that is vitally important to the success of any real estate investor. I’ve raised millions in private money from private lenders over the years and I’ve structured the deals in many different ways. A question that

State Securities Offices

lassiter — Thu, 22 Apr 2010 22:38:40 +0000

I’ve been getting a lot of questions recently about raising and pooling money for real estate investing. If you are considering pooling money wither in an LLC, LP or private placement, be sure to contact your local state securities administrator to see what’s required. Here’s the list

Double Digit Returns – Private Lending Made Easy

lassiter — Mon, 26 Oct 2009 22:36:23 +0000

Here’s the replay of the October 2009 Insights Training:

Double Digit Returns – Private Lending Made Easy

SEC Registration for Real Estate Investment Advisors

lassiter — Mon, 26 Oct 2009 20:36:34 +0000

Looks like private equity firms and hedge funds with more than $30 million under management will have to register with the SEC. I think that’s a good thing.

New Bill Requires SEC Registration for Real Estate Investment Advisers By AUSTIN KILGORE The House of Representatives is considering a bill that requires advisers of certain unregistered investment companies to register with and provide information to the Securities and Exchange Commission (SEC). The bill will apply to major real estate investment firms, as well as private equity houses and hedge funds, with more than $30m in assets under management, according to analytics provider, the Private Equity Council. The Private Fund Investment Advisers Registration Act of 2009, introduced by Rep. Paul Kanjorski (D-PA), would amend the Investment Advisers Act of 1940 and would require advisers to disclose to the commission the amount of assets under management, the use of leverage, counterparty credit risk exposure, trading and investment positions, trading practices and any other information the commission determines is necessary “for the protection of investors or for the assessment of systemic risk.” The bill has a confidentiality clause that protects the investment companies’ proprietary information. It also provides an exemption from registration for venture capital fund advisers. Investment advisers are the latest the possibility of federally mandated registration. A Senate bill introduced in June called for similar regulations on investment advisers. Under the recently passed federal Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act, requires all states have a loan originator registration system.