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![]() Gordon,
Thanks for that bit of info. Those guys were on top of it. Perfect size multifamily units for sure. Like you said easy to manage and from what I know, that "level" of property would put you in a "money range" to find inevestors with CASH (not borrowed money) setting in an IRA acount somewhere getting paltry returns. or... In a 401k that's not doing so hot either. I've been searching for a "simple" (well as simple as possible) info product on syndication. Something non-complicated with out all the legalease, yet with all the right wording to protect all interests. Know of any such product? Can't say it enough Gordon, thanks for the input. Fishman |
#2
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![]() Quote:
If there aren't any "simple" products available, perhaps you can create it. As for legalese and real estate...it is a necessary part of putting any deal together. Google for "real estate sydicates", "real estate partnerships" "real estate investor groups" plus "legal documents"... there have been many books written on the subject...it isn't THAT hard to find. The ideal syndicate has a KNOWLEDGABLE Managing Partner...the money guys aren't too difficult to locate either, especially in today's market. IF you really can't locate anything...then consider what information you would want in it...write out the 50 questions you'd need answered...and we can help you create this thing. There are RE investors who visit the forum. Gordon PS. This looks like a good starter book that is reasonably priced: http://www.amazon.com/Principles-Est...ref=pd_sim_b_1# I don't have it, but the table of contents shows it answers a lot of questions about doing this. Last edited by GordonJ : May 6, 2009 at 10:16 PM. |
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