I apologize for not having a full profile in advance, as I have not told my co-workers about this yet. :-)ThanksLee

You can quit claim from LLC to personal if you're the sole owner...or co-borrowers are 50/50 on LLC and quit claiming as co-borrowers/individuals. 

There are multiple ways to approach this.Are you planning on offering a co-op tenant rep commission? 

He always gives me his insights from an insurance Co. point of view. 

On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...

Hey everyone,

Brand new to the RE Investment world, coming in with a Licensed Broker background and currently active. Can't wait for my first deal!

Ashley C in Olympia, WA

Think of it this way, you would have to pay on average 10% to a PM company, so that's at least worth a 10% stake in the company, so if you put in 25 % and you manage, that should be a 35% stake in the co. st the least.

@Tom JonesI have a few friends and co-workers that want to invest.

People do it illegally all the time, until someone rats them out and they get shut down,  Also, I wouldn't want to have an insurance claim (especially a fire or some large liability issue) for fear that the claim would be denied once the true usage of the property was discovered by the ins. co. 

I have a co-worker that is starting to look for their first home.