Partnerships happen when :1) You have the amount of money and/or expertise that an operator needs at the right time. 2) The terms are superior to the operators alternative sources of capital.

Lawyers that setup limited partnerships would also be a good source.

I've been researching online since I put up that post and it seems what we are thinking of doing is completely a partnership business.

Since you would have to find those types of investors for a hedge fund you would be better off cutting out the extra red tape and just find millionaires to fund you through limited partnerships or straight up private financing.

Would the solution be to create a Family Limited Partnership or something else?

Perhaps find a local investor who will coach you for a *reasonable* fee.Better yet, once you have the basics down, go out and find a great deal, and when you find it, take it to a local investor and offer to partner in return for some coaching (if you bring a great deal, many investors will be happy to work with you on it for a piece of the profits or a 50/50 partnership).Good luck!

Make sure that in your research you learn about the importance of and the proper way to structure a partnership agreement so both of your interests are protected.

From what I can tell, false advertising is not only shady as hell, but is also illegal, and subject to enforcement by the FTC.Here's what I was able to dig up on 15 USC § 54 - False advertisements; penalties:or if such violation is with intent to defraud or mislead, be guilty of a misdemeanor, and upon conviction shall be punished by a fine of not more than $5,000 or by imprisonment for not more than six months, or by both such fine and imprisonment; except that if the conviction is for a violation committed after a first conviction of such person, partnership, or corporation, for any violation of such section, punishment shall be by a fine of not more than $10,000 or by imprisonment for not more than one year, or by both such fine and imprisonment:Perhaps you'll reconsider such tactics . . .

Assuming worst case, and I know she always does, would it be best to offer someone like this a partnership, or percentage on ROI or what?

So long story short Im starting out in Investing and my partners and I had a falling out. Im moving to Jacksonville, FL to be near my family. Im thinking of getting my real estate license down there in hopes to lea...