Smart Ownership

[John Hui]

Dear BP members,

I am a newcomer to investing in general. Growing up in a family with very little income, struggling out of poverty, it dawned upon me to read up on financial matters to avoid wasting my parents' amazing groundwork these past 20 years.

I have been reading up on investing in concept and namely intrigued by the Intelligent Investor, Rich Dad Poor Dad, and I was lucky enough to stumble upon BP.

After reading a bit into the vast amount of information available on the website, I believe my niche, as far as I am aware, is going to be in multifamily homes to start. I intend on being a hybrid investor, as I do have a private lender who is interested in putting in $100,000 for 20% of the profits.

Now my question is, which corporation of ownership would be most ideal for multifamily and small apartment properties? I've been looking at non-stock corporation, but I saw a lot of LLCs on BP so I wanted to gather opinions.

-John