Legal Advice, Advertising to get Investors

[Daly O'Brien]

I remember hearing something about rules for gathering investors in real estate.

I have an LLC that focus on buy and hold real estate. Partners provide down payment, we guarantee % returns for 3-5 years.

Are there any laws against advertising to get these partners? (advertising that we buy properties and partners get returns, etc). I am looking at using advertising space at a heavily frequented local spot, and I want to make sure I avoid any legal ramifications. 

Thank you,

Daly