Re: Financial structure advice needed for forming group | <– Date –> <– Thread –> |
From: Dave and Diane (daveanddeeverizon.net) | |
Date: Wed, 22 Nov 2006 18:56:05 -0800 (PST) |
Hi everyone in coho-land!I just want to clarify one thing--we did NOT have investors. Anyone who loaned us money had to either be an associate member or know a member of the group well enough to give them a personal loan. When you have investors it creates a whole new ball of wax and you have to create a prospectus, submit an annual report, file with the SEC, etc. etc. etc. etc. Trust me--you do NOT want to go there.
--Diane(:^[ marketing facilitator jp cohousing 617-522-2209 Box 300420 boston ma http://www.jpcohousing.org- - - - - - - - - - - - - - - - - - - - - - - - -
"The people who surround you define the quality of your life."On Tuesday, November 21, 2006, at 10:57 PM, cohousing-l-request [at] cohousing.org wrote:
We did not have a cash-call system. If we were going to hit a period of exceptional expenses (much of which could be anticipated), we solicited voluntary member-household contributions, which (unlike thecapital contributions) paid interest, and/or solicited outside lenders andinvestors (including some on this list -- Thanks again!!).
- Re: Financial structure advice needed for forming group, (continued)
- Re: Financial structure advice needed for forming group Stuart Joseph, November 20 2006
-
Re: Financial structure advice needed for forming group Mac Thomson, November 20 2006
-
Re: Financial structure advice needed for forming group Michael Barrett, November 21 2006
- Re: Financial structure advice needed for forming group Sharon Villines, November 21 2006
-
Re: Financial structure advice needed for forming group Michael Barrett, November 21 2006
- Re: Financial structure advice needed for forming group Dave and Diane, November 22 2006
- CoHousing and Mortgages balaji, December 29 2006
-
Re: Financial structure advice needed for forming group Tom Hammer, November 25 2006
- Re: Financial structure advice needed for forming group Sharon Villines, November 25 2006
- Re: Financial structure advice needed for forming group Andrew Netherton, November 25 2006
Results generated by Tiger Technologies Web hosting using MHonArc.