Multiple Investors

Comments(6)

• 
  myfrogger8th November, 2004

  You can hire a manager of the LLC which has 100% control over the decisions made. The owners, however, have the ability to vote out the manager and hire someone new at any time with a majority vote.
  
  Does this help you? I don't know what you are getting at. It is certainly legal for more than one person or entity to own a property together.

• 
  mojojojo_18th November, 2004

  I'm looking for a way to network real estate investors together to create a super real estate investor. Voting rights are too much control in the investor, they have to know the LLC has thier best intentions in mind.
  Investors would just have a portfullio (pardon SP) and know they have the best "stock" in the world, real estate.

• 
  myfrogger9th November, 2004

  This is done all the time through limited partnerships, tenants in common, and also through buying shares of a corporation.
  
  Regardless the managing party's responsibility is to the owners or he'll be fired!
  
  I don't know much about this so I'm hoping that others will chime in with some more useful information.
  
  GOOD LUCK

• 
  commercialking9th November, 2004

  Well a few suggestions:
  
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=28646&forum=12
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=27131&forum=12
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=29762&forum=46
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=31294&forum=12
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=33815&forum=12
  http://comm.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=13367&forum=46
  
  Although my review of these shows that we probaby need a more systematic treatement of the issues.

• 
  InActive_Account9th November, 2004

  to be on the safe side i'll check with a good R.E attorney

• 
  mojojojo_19th November, 2004

  Wow thanks for the great links commercialking, i can spent about 45mins reading the links.