Looking to Create a Buy and Hold Fund
All,
I wanted to get some feedback on starting a real estate "buy and hold" investment fund. I have been in this business successfully for a while (25 single-family units with massive cash flow over 6 years) and think this could present an opportunity to take things to the next level.
I have been approached by a few different friends with interest in passively investing in real estate through me and I had previously declined because to this point I have only managed my holdings and was not set up to handle outside investment.
I self-manage all of my units currently with the help of trusted contractors.
What is a smart way I can raise a round of capital to purchase a block of investment properties I can manage for outside investors?
Thanks in advance!