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Real estate (buying a property with other people)?

I want to know if it makes more sense to partner business rather than having a person to collect the money as a group to buy and sell property. I would like to form a group of investors purchase apartments for rent, and buy commercial properties. In California, what are my options for opening this type of business plan so that all investors are also protected?

Form an LLC at the very least, if not a corporation. An LLC has advantages tax for you, too. Whatever you do, do not put it all in the hands of one of the individuals without this type of contract in place. Spend money to go a lawyer who specializes in real estate. You will not regret it. I know many who do not want to spend money and has found in a terrible mess.

Real Estate University – Property Options

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