Equity Party

[David Kerner]

I would like your advice on my strategy.

The plan is to find equity partners for buy and holds. The equity partner would partner with me in an LLC where they would bring the entire cost to buy a rental property for $50,000 in cash. I handle boots on the ground work of acquisition, property management and accounting.

The Cap rate on the deal would be 10-12% which we would split along with any future expenses and tax depreciation.