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Updated over 7 years ago on . Most recent reply

User Stats

35
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3
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Victor Glushak
  • Flipper
  • Grottoes, VA
3
Votes |
35
Posts

how to structure a partnership

Victor Glushak
  • Flipper
  • Grottoes, VA
Posted

hello i am a new investor just starting out i do not have a lot of money to invest with nor the credibility to go and ask for money from hml 

so i am looking into partnering with some local seasoned investors to get started and my question is how do i structure the partnership ...

what steps do i take to setting everything up ?

do i open an llc with both our names in there? 

or is there a simpler way 

thanks in advance for your help  

Most Popular Reply

User Stats

471
Posts
241
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Jon Lee
  • Investor
  • Las Vegas, NV
241
Votes |
471
Posts
Jon Lee
  • Investor
  • Las Vegas, NV
Replied

Hi @Victor Glushak....Welcome to the investing game. I would recommend that you get out and attend your local REIA and/or meetup investor groups so you can connect & network with the local investors who are having success and making things happen. They can give you the best advise on how to create partnerships & connect you to attorneys and other professionals to answer your questions. Best of luck to you!

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