Navigating the PPM: How to Protect Investors and Issuers Alike with Nic McGrue

On this episode of REI Mastermind Network, we dive into the world of real estate investing and the legal work required to succeed. Our guest, Nic McGrue from Polymathlegal.com, shares his expertise on syndication, a key element in scaling investments. We discuss the PPM, private placement memorandum, and its importance in disclosing potential risks to investors. We also cover loan documents and the creation of entities like LLCs for property acquisition. It's important to have a good relationship with the lawyer you hire, and we offer tips on how to find the right one. We explore the Howie test and exemptions when selling securities, and discuss building an investor network for funding real estate projects. Join us for a fascinating conversation on the legal side of real estate investing.

Connect with Nic McGrue! https://polymathlegal.com/

Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow.

SUBSCRIBE to the PODCAST!
• RSS: https://feeds.captivate.fm/reimastermind/
• Website: http://reimastermind.net
• Apple Podcasts: http://bit.ly/REIApplePodcasts
• Google Podcasts: http://bit.ly/REIGooglePodcasts
• Spotify: http://bit.ly/REISpotify
• Locals: https://reimastermindnetwork.locals.com/
• YouTube: http://bit.ly/REIYouTube
• Facebook: https://www.facebook.com/REIMastermindNet
• Twitter: https://twitter.com/rei_mastermind
• Instagram: https://www.instagram.com/reimastermindnet

SUPPORT THE SHOW!
• Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191
• Join the Community on Locals! https://reimastermindnetwork.locals.com/
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

TIMESTAMPS
00:00:00 Introduction
00:07:05 Get Your Real Estate Documents in Order
00:08:40 Assisting Clients with Entity Creation and Documentation
00:10:04 Echoing Term Sheet in Loan Documents: Importance
00:12:32 7 Tips for Choosing the Right Business Lawyer
00:15:04 Localized and specialized help: Referrals for landlord-tenant law
00:17:52 Building Your Investor Network: Key to Syndication
00:20:20 Navigating Securities Laws: Exemptions and Regulations Explained
00:23:53 SEC Verification: Steps to Ensure Investor Compliance
00:25:02 Navigating SEC Regulations: Tips for Founders
00:28:32 Private Placement Memorandum: What You Need to Know