starting an LLP

>>1850846
bump

>>1850846
how do you expect to make money with that? you're not capable of doing it full time. even if so, what makes you think you're good ? the amount of money you would pool is peanuts to other funds, What are you expecting?

>>1850846
yeah it's a good idea if all parties are wanting to invest in the first place. You can pool together for a down payment on an investment property (e.g. beach house).

>>1850846
I would do it with land first because land doesn't depreciate and you don't need insurance or repairs on it.

Buy the land in a rural but soon to be suburban, desirable area & sit on it for a few years.

Then, make another joint investment to develop it in whatever way.

Also, look into tree farms or raising cattle. (Both can be very hands-off)

>>1850846
Buffet was a career investor, there is no advantages in doing this unless you're pooling it to be able to get into a managed fund that requires certain amount of minimum capital.

Tl;dr if you can't make a good percentage return with 20-30k you won't make a good percentage return off 100-200k unless u joining a managed fund.