Group fund

[Michael Lemieux]

The thought occurred to me the other day to potentially start a fund, at my regular job, to invest in a property. None of us are going to retire on our 401s. The plan would be for each of us, maybe 20 members, to contribute a whopping $25/wk for a year or so, and use that money to invest in a MF or possibly self storage.

Obviously 25k is not going to buy us much of an apartment complex, but hopefully with some creativity, and the right deal, it could get us started.

I'm also thinking that a year from now; I'll have more knowledge, thanks to B.P., more experience, and more deal flow.

What do you think?

Thanks