Harrisburg, PA · Member since 2016 · 1 post · 0 votes
Hello Everyone,
I've bought a couple small properties on my own and are fortunately they are doing well. Well, at least my ROI is much greater than investing in the stock market (and more in my control). I'm averaging 18-20% per year on my investment properties.
I have a few friends who have great careers, and are asking me if they can invest some cash into properties as a team. I am trying to find any guidance online how someone would go about setting this up. I've done some research on REIT's but we are only looking to have 2-5 people invest cash into buying smaller (3 to 10 unit) buildings. Ideally, 4 unit buildings have been the best price per value.
Does anyone know of any good books, articles, or courses on the topic?
as a flip? sure. you can partner up and have arguments and discussions on color choices, materials, finishes.
or one can be only a money partner, the other does everything else.
for buy and holds? partnering does not work very well since it's a "hold". the only way i'd do a buy and hold is if .....they help me fund it, let's say 10k. over the next year, i give them 12k back".... interest on their money. like a bank.