Normally, we’d just turn them over to a real estate agent and sell them individually, but we thought that it might be more appealing and would expedite a transaction to find an investor who would want them as a group and turnkey like this.These are older buildings (1960 – late 1980’s), but solid.

You will need Articles of OrganizationEach LLC should already be keeping adequate records individually.

There is not a simple answer to your question as just like tax planning the real estate planning and what is best for an individual depends on where the investor is in the investment cycle and years to retirement among other things.

If you could it would help to fill out profile completely and upload a picture to connect a face with the individual posting.If you could also mention what type of investing you are interested in doing (multifamily, houses long term to hold, flips, commercial, land development etc.)

I currently have 9 properties that are owned in a partnership with one other individual.

I'd love to speak with you two individually about some of my resources (cash, investors, private money).

I have a commercial policy on mine and with a lot of properties it's about half what I paid for individual policies, plus I get $1M/$2M liability by default so it keeps my liability umbrella cheaper.

yeah, it stinks but I guess stricter lending requirements will make it more difficult for individuals to buy homes...

All our investors understand the process and we've worked hard to make it as smooth and non-intrusive as possible.It also gives us the added advantage of being able to advertise the individual deals themselves, as opposed to simply talking about Patch of Land without giving specifics.

Additionally, how does it look to investors if they make the payment out to an individual instead of an official business?