|Sent on:||Wednesday, January 13, 2010 5:56 PM|
I have heard from a few members of the group that they would like to get involved in Real Estate Investment but either are not in a position financially, or confident with doing it on their own. I would like to explore the possibility of group investment projects and see who is interested AND able.
The idea is to start a corporation and to make a purchase that looks like a good investment. This could take the form of a buy-and-hold, a buy-and-flip or a new build. Each share would represent a partial ownership in the company.
Each deal would be unique, so I am wondering who would be interested in this and have a minimum investment of $10,000 (plus a share of incorporation costs). Each deal will be assessed and your will be able to decide if you want in or not at this point. I do not have ROI numbers at this point because, again, each deal will be different and will be assessed on its own merit.
So 3 Questions.
1. Are you interested in partnership investing?
2. Are you in a position today to make a $10,000 investment if the right deal comes along?
3. Please rate the 3 options in order of preference;
a. Buy and hold
b. Buy and flip
c. New Construction
Regarding the group I will be starting up monthly meetings soon, I am just working out the details of the space usage.
Thanks for your time and I look forward to hearing from you.
"Referrals are the foundation of my business and the best thanks I can receive. Please feel free to let your friends, family and coworkers know if you are happy with the service you receive, and let me know if you aren't."
Josh Prowse P.R.E.C.
To Sell Your House
Talk To Josh Prowse
Free investment group at www.realestate.meetup.com/474