Structuring Investing and New Crowdfunding

[Blake LeVine]

I am part of a local networking group and we will be potentially pooling money to buy and rent out local properties. I was researching Crowdfunding as an easy way to allow us to invest together. I wanted to ask this community what you feel might be the best structure for us to invest together. Also, are we able to ask new members to invest with us? I am trying to figure out what constitutes the need to do something like a Reg D or a Private Placement. I am trying to keep it as simple, cost effective and safe for the group I am in. Also, I found very minimal information on when exactly and how exactly the Crowdfunding might work. If you have any advice in this please let me know. I also understand that even with your suggestions I will make sure to talk a lawyer before actually doing anything. I was surprised that my internet searches could not find a clear or easy answer to this question. Thank you for your help and suggestions.