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All Forum Posts by: Abid R.

Abid R. has started 1 posts and replied 7 times.

@Crystal Smith Thank you for your feedback. Talking to our accountant, as you recommend, seems to be the next logical step forward. Much appreciate you taking the time respond. Thank you!

@Basit Siddiqi - Yes, we plan to invest in Houston, Tx. Thank you for your insights. 

@Basit Siddiqi - Thank you for your response, you make very valid points. We were thinking of splitting allocation within the investors. On that note do you think it's necessary for the CPA/accountant to be in the same area as the investors - perhaps to understand local and state requirements?

Once again thank you for taking the time to respond. 

@Mike Morawski - Some very good advice, Mike! Thank you for your feedback. I will certainly take that on board. 

@Ryan Lane & @Zain Momin - Thank you both for some great feedback. I really appreciate it. Happy to connect further if you would like. 

@Zain Momin - Thank you for the very comprehensive and prompt response. Can you please say a bit more on the "due on sale clause" please. It would be interesting to also understand your area of expertise in this space. Thanks once again. 

A few of us want to get together to invest in a few rental properties. What would be the best structure to form this partnership (LLC, REIT, etc.)? If some of you can shed some light on pros and con's it would be great. The primary area of investment would be Houston, Texas. Much appreciated Thank you!