Open discussion - Partners for Investing in Multifamily Units
Details
This is just an open discussion. See the short post from Robert Kiyosaki. I have known this for some time. I have done some flips but not invested in commercial properties. And there is no better time to start than now. So, to this end, I am looking for partners to invest in multi-family units. Costs and income would be shared equally or can be negotiated based on a works sharing agreement. There is strength in numbers and the ability to acquire the best properties.
Let's talk, get to know one another and take it from there.
I'll send a zoom link on Monday depending on the response.
See below recent article by Robert Kiyosaki
## The Case for Multifamily Real Estate
Instead of relying on a 401(k), the Rich Dad article promoted multifamily real estate investing as a superior alternative. Here is some of the reasoning.
- Leverage: This involves using other people’s money to purchase a valuable asset.
- Appreciation: This is the ability to increase property value through effective management.
- Control: With real estate, you can have direct influence over income and expenses, unlike market-dependent investments.
- Tax Advantages: There are significant tax benefits with real estate, including depreciation deductions and capital gains deferrals.
“For many investors, it’s short-sided to find only one building and make managing it your job,” the article noted. “Instead, become an investor and find more great deals that you can purchase and have professionally managed.”
Open discussion - Partners for Investing in Multifamily Units