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Updated over 1 year ago on . Most recent reply
New Member from PEI, Canada
Hi Everyone,
Just decided to sign up here as I recently discovered the BP podcast. I am from Charlottetown, PEI, Canada and have been investing in real estate for 4 years (bought my first duplex at age 22). I currently have 3 duplexes and a single family home that I live in.
The next step for me is to buy bigger multi-unit properties. I am now looking for a 6+ unit property and I am looking for investors. I am wondering if anyone has any suggestions on how I should legally structure the deal with partners? What I mean is should I incorporate a company first and then sell shares to investors? Or try to find investors, and then incorporate? Or maybe I shouldn't incorporate at all and just set it up as a partnership (would save money on legal and accounting fees). If anyone has experience in this that would be greatly appreciated!
Look forward to hearing your suggestions.
Adam
Most Popular Reply

Hi Adam,
I'm a fellow investor and realtor in PEI. I thought you might be interested in joining our new Facebook group. We are also planning a get together for Sept 28th, 2023.
https://www.facebook.com/groups/148544411627754
Cheers,