investing with friends/ family

[Joseph Vu]

Hello everyone, I just recently bought my first rental property and it is currently doing well. My friends and family (brothers) heard about what I was doing and wanted to invest in real estate as well.

Does anyone have any experience investing with multiple individuals? I think we would continue with SFH and slowly scale into multi-family homes.

I think this would be a faster way to acquire properties because it would take me about 1-2 years to save up for another property if I continued down this path alone.  I more curious to how the structuring would work, especially taxes.

Hoping to hearing from your responses!