Interested in finding investment groups or group investing
Hi Guys,
I have been hearing the concept of group investing where 4 to 5 people pool money like 20k to 25k a year and purchase a property every year with a group. I think it is like an investment company with small network. I am interested in joining a network like this and would prefer folks around Tristate area like Delaware, PA, MD and NJ. Do you guys know of any investment groups or firms like this which do it in a small or mid level?
Buyan
@Buyan Thyagarajan there are groups here in Pittsburgh. If you are interested I can get you in touch with a few different people. Send me a PM. Also @Jeremy Taggart is a good contact. He is an agent and property manager who can help you find properties in the area if you want to start looking here.
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Real Estate Agent
- Deacon Hoover Real Estate Advisors
@Buyan Thyagarajan - What about this approach is appealing to you? 4-5 partner is a lot of people to be principles in a company. That's a complicated thing to navigate. Unless you have an operating agreement stating only one or two have management authority an the others are more just capital partners. But since you mentioned everyone making equal contributions I'm not thinking that's the case.
