Posted by admin on 27 Aug 2008 7:26 am. Filed under Investing.
aguy asked:
I want to start a legitimate fund that will allow me and my friends and family to put money together and invest it in real estate. How can i set that up. I want it to be on paper so noone has to worry about loosing their money.
2 Comments to “How do I start a real estate fund with friends?”
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exactduke said:
On August 29th, 2008 at 7:05 am
I would consult with a real estate lawyer & see if he/she can help you.
Having said that, I would never mix family, friends & investing. This sounds like a big headach, if not a disaster in the making.
oragon_man2 said:
On August 30th, 2008 at 5:30 am
Set up a LLC corporation, this is a limited liability corporation.
Contact your accountant regarding this is a very good way to start your real estate investment, and setting up can be done on-line and very affordable
On August 29th, 2008 at 7:05 am
I would consult with a real estate lawyer & see if he/she can help you.
Having said that, I would never mix family, friends & investing. This sounds like a big headach, if not a disaster in the making.
On August 30th, 2008 at 5:30 am
Set up a LLC corporation, this is a limited liability corporation.
Contact your accountant regarding this is a very good way to start your real estate investment, and setting up can be done on-line and very affordable