NAR may get a bit more leeway on that because they're a bigger organization with lots more people paying their high membership fees.

If they're passive investors, you probably need to do the typical syndication steps.The most common structure is to use an LLC with two types of membership units.

You won't qualify for membership, but typically members are helpful and share resources. 

PenFed membership requires military service OR a small donation to their charity. 

   Anyone who is a PRO member or who upgrades to a pro membership, who PMs me their mailing address, gets a free craft 6-pack, as well as a memorandum on the value of calculating NOI and comparing that to a properties price -- but which specifically outlines you should not use this data, or any similar data within 1,000 yards of the word CAP rate.

Accredited investors comes into play for different types of assets.2) No, managers dont even have to members in some LLCs.3) The transitioning member could sell their membership interests.

Because the EAT we set up is a single member single asset LLC owning the membership interest has been deemed by the IRS to be the same as ownership of the asset itself. 

4k to have membership and thats it, I too can say they are a good company

So does it work, yeah it works, and like I said anywhere anytime I can pull a list, some of the list services out there charge for one list what the full membership cost me, so I don't give a rat's *** what Kent is making on this, as I am going to make my money back multiple times over.

If you sign up for a membership there’s a cool member only event late next week.