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.
Tax, SDIRAs & Cost Segregation
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 7 months ago,

User Stats

35
Posts
13
Votes
Ryan Denman
Pro Member
  • Erie, CO
13
Votes |
35
Posts

How to raise money and form partnerships with non-accredited investors

Ryan Denman
Pro Member
  • Erie, CO
Posted

Hi All,

I considered starting a REIT to allow others to invest and build wealth in projects that I would start, but that was a much, much higher level than I actually have interest in pursuing. Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:

My Role:
-Decide on properties to purchase, mostly SFHs
-Establish LLCs or other business structures to hold the real estate and distribute returns
-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors
-Act as property manager for the properties
-Depreciate properties held in business entities to minimize taxable income to investors
-Distribute returns to investors
-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App
-Find investors from connections, friends, and family with no public advertising
-Advise in a minimal capacity on tax and real estate strategies
-Send investment reports to investors
-Be fiduciary to all investors
-Receive compensation from PM and other management work I do related to the investments

Investors:
-Can be non-accredited 
-Invest as little as $1000
-Can use retirement accounts

What references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?

Thanks!

  • Ryan Denman
  • Loading replies...