new member in GA who found forum
New member to this website, but have been longtime lurker. I've had several residential rentals, still have one. Need info from smarter people than me. In an office building, i'm a owner of a group of owners which comprise the tenant/firm. I've been offered a buy-in to the building as a 1/7 owner. (the other co-owners of the building are all my partners in the tenant/firm). My share of the tenant rent is approximately $18k per year. My share of the landlord take would be approximately $25k. (there are other tenants (excluding the firm) in so there is additional rent other than firm paid rent) I need advice on buying in (or not) -- i'm effectively stuck as a part-owner of the tenant indefinitely, so i'll have to continue paying the rent whether or not I buy-in. assuming a buying price of $200k, what are questions I should ask?