Anyone partnering with family in your real estate investing?

[Ben Magee]

I was curious if anyone has worked with you family to buy investment properties by pulling resources? I have a brother who's a contractor, I'm a real estate agent, and then we have five other siblings (accountant, social worker, etc.) who don't want to do anything active in real estate investing but might share their money based on what we told them for expected returns. 

The reason I ask, is maybe some of you have done this, have had lots of arguments or has gone well. Was curious to ask. Also curious what legal, family trust, type of logistics you've used. 

[Ben Magee]

Thank you all! That's a great word on having it formally in writing before beginning. @Jonathan Greene, great point! I think just knowing my family, I agree, and would work with my brother or someone who's going to be active investor but maybe not worth it with some of my siblings. A great perspective you shared.