All Forum Posts by: Ray Bartle

I would buy rentals

In Missouri and filed a private placement memorandum in mo.... in mo you can raise up to $1m with max of 25 investors...not sure but each state is different. I am an Alan Cowgill student and use his methods and course as a guide but pooling private funds can get u in deep trouble so consult an attorney familiar with SEC rules. I hired one to do mine

You should Join a local group called www.ThisGirlBuysHousesLLC.com they recruit and teach women how to get into real estate like they have and they are killing it

We have used VAs for many years successfully. 2 full timers who handled incoming and outgoing calls, emails, back office functions and anything we dont want to deal with...we trained them ourselves and very happy with them. The key is training them and we have weekly calls to Teach more

Look at your private lenders as the bank. The paperwork is quite simple. Promissory note and a lien on the property. Use a title company to close like normal. In mo we just have deed of trust I would suggest studying Alan Cowgill courses for more details

I am also in St. Louis so I suggest you Join the podcast at www.discountproperyinvestor.com under Resources...join their free course too. They also have a Buyers Club that finds property for you Also, gain some basic knowledge and decide your path and interest in real estate...maybe consider turn key properties that are already cash flowing Message me if interested in more info or questions Ray

Ask your local reia or club members different in each city

I have used private lenders for many years and a lot of ways to find them and get them to find you PM me if interested in more info

Pooling money has many SEC rules that may require you doing a private placement memorandum (ppm) I would be sure that u are in compliance since there has Been many changes recently in this area...I have used ppm's for Raising private funds and know there are rules I must follow

It's ordinary Income