I’m 20 years old, with about $60,000 in capital. I’ tired of working for these jobs. I want to start my own company and i love real estate. I’m not in it for the short term, and i’m not trying to get rich quick. I’m willing to take my time and get rich slow but right. Any advice will help.
I’m almost 90% sure that i want to start my real estate investment company as a corporation not a LLC. I was wondering is this a good idea. Also, can’t i sell shares of my company to private investors to raise capital. Any advice on starting a commercial real estate investment comapany will help.
I intend to run my own real estate investment company and would like the following questions answered. My understanding is that the pros use hard money to fund their deals and if they dont sell the rent the property. After some analysis i realized that after rehabing the property and you decide to rent, 90% of the time the rental doesnt cover the mortagage. How long do you have to carry the negative loss assuming you have 10 properties at one time ?
I want to invest in real estate but want to protect my personal assets.