Starting an Investing Group
I have a group of about 10 friends/business associates that are all interested in getting into real estate investing. We would like to invest as a group to increase our purchase power. The nice thing is that we all make rather good income and would probably be able to buy at least one multi unit property every 6 months or so. We plan on acquiring smaller multi unit properties initially and as we progress rolling them into larger multi family properties. Our goal is long term hold for retirement income purposes. Is there a good guide out there on how to organize a club like this?