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How do I start a Real Estate Investment Trust?


I have control over about 30 single family homes.

I assume that you mean pooling investor's money into a trust to purchase and control more real estate. Is that correct? It's pretty complex and the laws vary from state to state. I know that in Florida, you have to hold a RE broker's license to be the head of the trust. I also believe that all members of the elected board also have to be brokers. A non-licensed person can participate by investing money but cannot be a controlling member of the trust.

Hello,

I completely agree with wanting to invest your money. Afterall, what's the point of making money if you can't make more money with your money (got that?)? Anyway, I've tried all different investments from stocks and bonds to IRA's, 401k's, and real estate. I'm really a big fan of diversification.

However, the only investment I've really been happy with so far is real estate. Over the past 5 years, I've bought 3 different properties (all have tenants, and I'm making more than the mortgage payments on 2 properties).

The 3rd property I got was using Carleton Sheets no money down methodology (he's a GURU in real estate, and yes, his methods do work!). You can actually buy a property for absolutely nothing down (NO MONEY FROM YOUR OWN POCKET). I payed over $500 for his course 3 years ago, and I just saw it online for $9.95!!!! This is a steal at $9.95 (I'm actually going to buy it for my friends for Christmas). It was featured on TV, so I got the website from there.

Before you invest in anything, I highly suggest the Carleton sheets course. http://www.alllsite.info/real-estate.php

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