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Updated over 4 years ago on . Most recent reply

10-15 People Investing as a Team
Hi,
I am a realtor in KC and I work in a team of 15 realtors/admin. Our team wants to start investing together and I’m trying to gather some information on how to structure our entity to make sure we have a good foundation in place. Can anyone share information on contracts, systems and "rules" to put in place before we get started?
Thanks a lot!
Franck
Most Popular Reply

I agree with @Nick C. That seems like way too many people. Unless you are trying to buy a large multifamily building or something.
It might be best to find out who really wants to be an active investor, that should narrow the group down to only one or two people. Maybe you partner with them and let the other people fund the deals, and earn a return on your hard work.