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  • Profile photo of mjmccabe76mjmccabe76
    Member
    @mjmccabe76
    Join Date: 2009
    Post Count: 3

    A few replies back I saw a post by Donna and tried out her book. Her book gives out important insight about investing in the US. Armed with the e-book I jumped into the US Housing Market and I got a property in upstate New York. The book helped prepare me for the problems that I would encounter while trying to make money out of renting out houses in the United States. I’m not saying that there were no problems. Some pipes burst, I had to replace my property manager and other small things but I am pretty sure that things could have been worse without the book.

    Check out the book. Visit http://seekingfortuneinnewyorkstate.com/

    Thanks,

    MJ

    Profile photo of mjmccabe76mjmccabe76
    Member
    @mjmccabe76
    Join Date: 2009
    Post Count: 3

    Hi,

    Have you looked into setting up a corporation. Should anything happen to any one of you(i.e. Death, Marriage, or Divorce) you can set up a clause in the bylaws that gives the other two members first option on the exiting person’s shares. I would have to defer to a financial expert though.

    MJ
    http://seekingfortuneinnewyorkstate.com

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