Grow together while minimizing the risk
Many Investors (2nd and 3rd time Buyers) often ask if they can partner with other people and buy a property, and the related questions. The answer is ‘YES’. You can be a partner with as many people as you want and buy the properties. At Realty++, we help the people for the individual and as well as for the joint investments. In case if you are looking for partners, please let us know and we might even help you find a parter for your next joint investment. At Realty++, we also guide you in forming an LLC or Partnership entities along with the required Operating Agreement etc.
LLC or Partnership?
A business structure has a lot more to do with how your money is situated or what financing is used. The wrong business structure can hurt you financially and legally if you are not careful. There are a variety of choices to select when structuring your real estate investment company. The type that you choose will depend on the activities that you invest into as an investor. For sheer simplicity, two popular forms known as a limited liability company and partnership are common structures that are used. Both of these types provide some protection and many ask the question is an LLC or partnership better for real estate investing. You have the option of using a real estate attorney to advise you or you can setup your own structure right on the Internet.