Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Buying & Selling Real Estate
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,

User Stats

3
Posts
0
Votes
Harrison Smoske
  • Burlington, MA
0
Votes |
3
Posts

Advice for new LLC partnership

Harrison Smoske
  • Burlington, MA
Posted

Hello all,

So, my friends and I all want to get started into real estate investing so we figured we would all do it together. We are all newly out of college and have barely any money so we are going to wait until September to make an offer on our first property. We will be focusing on apartment complexes. Probably start off with 4 doors. We have the idea of creating an LLC. We will all own 33% of the LLC's portfolio. My questions here is if there is anyone out there who has done an LLC with multiple people owning it what is their advice to us. Also, what skills should each partner need to posses to make things run smoothly.

Thanks to all,

Loading replies...