We have been together now for 2 years & are finally getting on our feet after both divorces & her robbing him blind - LOLNow my question - LOLWe would like to get back into REI - we are working on Re-financing now and talking to a relative for investing & may have access to between 10,000 - 20,000 for investing.

Scott,A related discussion took place on this subject.

Keeping related activities together.

A relative or attorney.

The main reason I came to Michigan was because I have relatives that are based here and I can stay with them until I am set up.I had no idea how bad the Michigan market was before I arrived.Now I am thinking that it is not the best market to be starting with no cash to invest.I have all the time in the world to search for deals and I am ideally looking for a partner with the money, who I can do the searching for.If anyone is looking to invest in Michigan.

I will be more than happy to share.Hey I feel as if I have something to contribute to the BP community, even if it's not RE related.

Even though we focus on a variety of funding requests, we seem to focus on funding projects related to commercial properties such as hotels, resorts, casinos and other types.

(I live in Englewood, Colorado.)I am just retiring from my own company (not real estate related), and want nothing more from the forum than access to its knowledge base (and hopefully the camaraderie of the group).I am presently a passive partner in certain entities that own commercial real estate in Las Vegas and Southern California.

thanks, i did search for an advocacy group, but didn't find one.and the charges and for work the landlord and his relative did although he did claim to have paid the relative for doing it

.- The LLC is listed on the title- The LLC's partnership agreement essentially states that all income and expenses related to the property are Mike's responsibility.- "Income" includes all gross receipts generated by the property ($1,000 pm)- "Expenses" could then include mortgage and running costs ($800 pm) in addition to a $200 "management" expense (or similar) to Joe.- In effect, Mike's net Tax obligation would be zero (until the property was sold), and Joe would get an income of $200 per month.