And they were the site that broke the 2016/2017 venture capital funding drought, and raised an impressive $20 million.At the same time, most of the investor feedback on them was not positive with several said they would not use the company again.

I am looking to invest in multi-family units while dabbling into other ventures.

I personally have dealt a ton with Quest IRA for note purchases with my joint ventures and they understand the process an what is needed to get the deal accomplished.

He told me that we can't do that and that it is a partnership.In looking at the IRS definitions it states:PartnershipA partnership is the relationship between two or more persons who join to carry on a trade or business, with each person contributing money, property, labor, or skill and each expecting to share in the profits and losses of the business whether or not a formal partnership agreement is made.The term "partnership" includes a limited partnership, syndicate, group, pool, joint venture, or other unincorporated organization, through or by which any business, financial operation, or venture is carried on, that is not, within the meaning of the regulations under section 7701, a corporation, trust, estate, or sole proprietorship.A joint undertaking merely to share expenses is not a partnership.

Being very organized will help you with your costs, but personally after organizing the job and timelines I try not to go cheap in my experience you just end up paying double in the long run.4) My best advice don't go running into this venture blind.

Was it a successful venture?

1) I'd start by looking at city-data.com and input the zip code2) I would Joint Venture with someone for the first couple of deals3) I'd skip number one and go directly to number two if I was serious

As far as the joint venture, you can decide if you want to do a true joint venture, where you get a % of the deal for being an investor, or you can just get interest on your loan.

@Adam Widder it would be worth making sure that your better half can support the mortgage amount you will need to break into the type of investment you want to venture into, meaning will you be looking for investments in the <$200k or closer to the >$400k?

At $345k I would venture to guess this is a <1% for monthly rent:sale price, and 1% seems to be the bare minimum a lot of investors prefer.