Updated over 7 years ago on . Most recent reply
Looking for everyday investors
On Fri, 27 Jul at 3:59 PM , BARBARA PHILLIPS wrote:
Bigger Pockets
I already know the investment property I want in Florida
I know what business i want on the property.
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A while back I saw an article
the person buying the property and running the business
wanted every day people with her
She offered shares $5,000 each
which could be shared
5 x $1,000 each
with one person in charge of
each $5,000 investment.
They could purchase as many shares as they wanted
but no Majority share holder voting allowed.
Everyone had equal say.
She was always Chairman and CEO.
On her death the property and business would be sold
and investors paid.
23 shares x $5,000 = $115,000
and she put in up to $10,000
Do you know of a deal like this?
Sincerely
Barbara
(Mrs) Barbara Phillips CFP