All Forum Posts by: Robby Randall
Robby Randall has started 1 posts and replied 4 times.
Post: Best way to utilize private funds
- Posts 4
- Votes 0
Originally posted by @Antoine Martel:
Originally posted by @Robby Randall:
Originally posted by @Antoine Martel:
Robby.
I am very similar to you in that sense and what I have done with my investors is I make them equity investors in my projects. I run and manage the entire deal and take 50% of the profit, they fund 80% of the project and get 50% of the profits.
That may be a good way for you to run it.
Awesome! Thank you for that! Is there a simple way to do that or do you set that up through an attorney?
You can write up a very simple JV Agreement and sign that with your investors.
Interesting. I've used Anderson Advisors to write up JVs and they have said it would be super expensive to have more than two parties on one JV. Are you using a new JV for every property?
Post: Best way to utilize private funds
- Posts 4
- Votes 0
Originally posted by @Antoine Martel:
Robby.
I am very similar to you in that sense and what I have done with my investors is I make them equity investors in my projects. I run and manage the entire deal and take 50% of the profit, they fund 80% of the project and get 50% of the profits.
That may be a good way for you to run it.
Awesome! Thank you for that! Is there a simple way to do that or do you set that up through an attorney?
Post: Best way to utilize private funds
- Posts 4
- Votes 0
Awesome! Thank you for that! Is there a simple way to do that or do you set that up through an attorney?
Post: Best way to utilize private funds
- Posts 4
- Votes 0
I have about 10 people who want to make their funds available to invest in rehabbing single-family homes. What is the best way to utilize that capital? Is it setting up a hedge fund? Any advice on this would be amazing. Thank you in advance