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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 12 times.

Starting Out

Post: Mentor wants to partner on a multi-family home rental. Some questions...

Account ClosedPosted
  • Tampa, FL
  • Posts 14
  • Votes 0

In short - Just looking for some ideas of how we can become partners given the age discrepancy and vastly different investment horizons. 

0 Votes
Starting Out

Post: Mentor wants to partner on a multi-family home rental. Some questions...

Account ClosedPosted
  • Tampa, FL
  • Posts 14
  • Votes 0

Hello all! So my mentor wants to partner on a multi-family home rental. At this point, the partnership type has not been defined.  The simple version is that he is already retired with some capital to put forth, roughly 20-30k. Because there is a pretty large difference in age between us I'd like to know what types of partnership structures are common in this scenario. I know this can be a long-term game and want to  come up with a setup that benefits us both. Have anyone of you seen this type of scenario before? if so, what would you recommend?

0 Votes