505 East Jackson Street-Suite 303 - Tampa, Florida 33602
Phone: (813) 387-7724 - Fax: (813) 387-7727
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505 East Jackson Street-Suite 303 - Tampa, Florida 33602 Phone: (813) 387-7724 - Fax: (813) 387-7727
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Knowledge Is Key To Buying and Selling Real Estate By Attorney Miriam L. Sumpter Richard
WHAT IS A REAL ESTATE INVESTMENT GROUP? It can be called a partnership or syndication. In short, it really means group investing. It is the formation of a legal entity to acquire real estate too large for an individual to acquire alone. Therefore, instead of buying individual houses, you can apartment buildings. If you find the partners, make sure all your rights and proportionate share in the profit are written. Investigate and learn what impact the requirements of both State and Federal Securities Laws will have upon the group’s obligations and learn what Florida Blue Sky Laws requires. In short, after a little work, and a meeting with your accountant and an attorney, instead of making $20,000 to $40,000 off the purchase and sale of single residential houses, you may make between $80,000 and $100,000.00 profit
For More Information Contact: Tel:
(813) 387-7724
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