Originally posted by "msokloski":Going to stop at the book store on my way home from work today.

Technically most places require you to store the items and notify the people.

Even with his help, it would take at least a year (probably two) to get something set up that would allow me to pool non-acredited investors.If you stick with acredited investors or, better yet, sophisticated investors, you can get going faster since the SEC assumes that those investors know enough to protect themselves.As John pointed out, if I go that route, don't expect to hear much from me about it.Aside from all the set up, there is a lot of paper that needs to be generated, stored. reported and audited just to prove that you aren't cheating a 90 year old alzheimers patient out of her life's savings.

Im actually thinking about starting a a retail teak furniture store in this area.

Amazon, local book store, whatever.Are you sure you caught the title, Calixto?

One can go to the book store to find out more.

That make more sense if you entity was, say, a retail business and you were renting a store front.

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?

Some companies will run the main business in one entity but keep all the vechiles in a separate entity and the lease the vehicles back to the main business (department store with the delivery vehicles owned in a separate subsidary).Cost vs. benefit trade-off.MikeOH talks about how he keeps apartment buildings in separate entities.John Corey

If you owned the site you could charge for the advertising.I developed a database taht could easily handle this while in college. sadliy i lost the server i stored the code on due to disk failures.but a standard sql database should be more then adiqute to handle such a task.question is who would mantian that its content is standardisd.