My question is, how do we go about funding our venture?

It allows you to be taxed as a qualified Joint Venture(Disregarded Entity).

The above could be adjusted slightly to work with buy/hold projects as well.If the projects are small to medium and under $1M, a simple Joint Venture Agreement could suffice (see legal advice).

Start local, learn the basics before venturing off into the great unknown.

David,While I respect your opinion not to invest in securities, I have to strongly disagree with your view on securities.Sure maybe I don't have hundreds of millions of dollars at the end of the day like an institutional investor does to invest and sure I probably am a flea on a dogs tail compared to the big boys and their venture capital but that does not matter one bit to me.

I am learning so much from everyone on BP and so humbled by the willingness of people, who are extremely busy, to take time out of their day to coach us newbies in our ventures.

Hello all, Brent here, 27 year old fellow from the caribbean island of Trinidad and Tobago who always was intrigued on making multiple streams of income and I have been told that real estate is a very good venture.

My suggestion is to answer a few questions for yourself first, and devolop a direction and intent for your venture.

In fact, it may be a serious violation of tenant rights in some states.Before you venture down this path, I highly recommend you seek advice from a lawyer where the property is located.

Good luck on your new venture!!