All Topics / Help Needed! / Starting an Investing Partnership Business

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    @choges
    Join Date: 2006
    Post Count: 2
    June 3, 2006 - 9:26 am

    Hi all,

    My Friend and I want to start our own investing company. We will primarily operate in the real estate market, with some of the profits being invested also into the ASX, and FOREX markets.

    However my questions here relate to the real estate side of things…
    We are located in perth and will be looking for CF +ve properties across WA and perhaps even interstate eventually. We have managed to source out some deals with good +ve CF potential but want to start investing through a company/business perspective for the obvious advantages associated with tax and legal issues etc.

    Does any body have any advice re any hurdles that we may have to overcome to get our business running and also getting finance etc for our first property? WE are both 21 years old and are nearing completion of finance/science degrees.. WE have about 30k saved from previous succesful investments in the ASX. both our parents are also happy to go guarantors on any CF+ve properties we come across..

    Thanks in advance..
    Choges [biggrin]

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