Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on .

Account Closed
  • Real Estate Broker
1
Votes |
3
Posts

Has anyone structured a venture like this?

Account Closed
  • Real Estate Broker
Posted

I currently work in commercial real estate as a research analyst, but I'll be a broker next year. I've gotten a lot of experience here analyzing retail, medical, and office properties for investors. Not to mention it's also an interest that fills my free time.

I feel confident enough in the deal process to go out and put money where it should be. I'm very close to a small group of investors who only own a few condos/single family investments, and I can convince them to expand with some guidance and a solid plan. The word syndicator comes to mind, but I don't really think that's what I'm trying to do.

I'm a little foggy on the legalities (aren't we all) of providing my knowledge and time in exchange for equity or fees. I'm not trying to broker the transactions, but act as a member who does the work while the LLC provides cash.

A few questions:

Would it make things any easier if I were a member of their LLC?

Could I hold equity or collect fees through my own consulting LLC?

Is it a conflict of interest if I use my current brokerage, where I'm an employee, to broker the transactions? (Taking on a sort of business development role for them.)

I understand I'm not getting legal advice, but if someone has done something similar I'd like to hear about how it was executed.