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Updated almost 9 years ago,
Creating Investment Group (family & friends)
Good Morning BP,
Over the last year or two I have shared my RE interest with family & friends. A handful of them have reached out to me and want to be a part of it, a few want to actively invest with me (buy &hold) & a few want to diversify their other investments.
I am working on creating this business model but still in the beginning phases. So far what I know I need to do & working on.
- Create an LLC
- Finalize my business to plan to present to potential investors and outline how I believe the future business will be successful
- Set up a team. I currently have a real estate agent, lawyer, insurance agent
If anyone has any feedback or suggestions I would love to hear them!