New to BP, with innovative ideas

[Aleta Ulery]

My name is Aleta. I have been studying multiple Real Estate investing strategies for a few years. I am also in recovery mode from a few guru "classes". I inherited my first rental property and plan to hold that for as long as I can. I have been going through Section 8 with it because I rent to my Aunt who is on a fixed income. I have identified many of the flippers in my area are only focusing on the workforce family homes. I would like to turn my focus to 55+ housing solutions. Many of my friends and family are facing affordability issues and I wind up hearing ALL about it. I have an idea that I need to get some input on. My initial business structure would need to be a hybrid 501c pared with an LLC. I would love to meet some members in this community that would be interested in brainstorming with me to help my plan come to life.

[Kerlous Tadres]

Hey @Aleta Ulery, Section 8 was a great first step, and if you're serious about the nonprofit + LLC structure, I'd just recommend talking with a real estate attorney who understands mission-based housing models.