Updated over 11 years ago on . Most recent reply
structuring a RI business with an investor
I am trying to make this short because I know how busy everyone is and I am hoping for some sound advice. I live in Japan with my Japanese husband. I am American. We own and operate a small English school here. We want to invest in RE in america in the buy and hold market to help supplement our retirement and hopefully be able to do it sooner rather than later. My Japanese brother in law is very wealthy due to his job which keeps him very, very busy. He has approached my husband and I about starting some sort of business that he can invest in to give him some security in case he were unable to work. I don't think he does anything with his money except for park it in a bank account and spend it. So I was thinking why can't we combine these two goals. I think my BIL approached us because of our connection to America and because he trusts us and has no time to look into anything himself. I would love to come up with a plan on how we could use his money to buy rental property in a way that would make it a good deal for him and for us. TIA
Kristin