Pooling together other peoples money, where to start!!

[Yasmine Bisumber]

I’d like to hear from syndicators or other investors who have pooled together other peoples money. 

In searching for and talking to partners for my own investments I realized that my circle is larger than I thought it was. I now see an opportunity to pool money together from several people and start to purchase multiple homes at once, however I am not sure how to properly structure this business.

I wouldn’t be buying large apartment complexes like a syndicator (I'd need much more experience to handle large deals lie that) but I think the basics still apply. My goal is to make sure I fully understand how to structure what I am trying to accomplish. 

My questions are:

1. How did you structure your business (S Corp, LLC, Limited Partnership)?
2. How did you determine the price point for your purchases?
3. Did you first locate the deal then build your team of investors or did you get each person to agree then start shopping for deals?
4. What role does each investor play in your business?
5. Do you have one account everyones money is held in or do you hold separate accounts?

My background is in project management and real estate sales. I’ve accumulated quite a bit of knowledge over the years and am beginning to create opportunities for myself and now, others.

** Any good books, podcast or blog posts on similar topics that I can read? Please send me the information**