Are equipment leasing limited partnerships a good investment?
486120
I love to see questions like this in a forum like this. Few people know about these types of investments, They are offered only to people who meet certain financial criteria.\n\nBefore I retired, my firm specialized in these investments. What I learned about wealth was that you didn't need to make millions overnight. Creating wealth is about consistancy and longevity. The right kind of equipment leasing LP is a good investment for the right kind of investor.\n\nThe ones that my firm used to utilize offered a return of over 10% per year. This is a very respectable number. This was the income return, not the total return. Growth wasn't a major goal of the investment. Sometimes you got growth, sometimes you didn't. I sold them as an income opportunity with a  chance for capital growth and nobody ended up dissapointed.\n\nOur firm made in mandatory that you be considered an "Accredited investor" to quailfy to buy them. I don't know where you live but my advice to you on this subject is "Buyer beware". Purchasing this invvestment from a small regional brokerage firm or an LLP house can give you bad results like the Limited partnerships of the 1980's.\n\nSeek out large compaines like Merril Lynch or Raymond James. Raymond James has an entire section dedicated to what they call Alternative investments.\n\nI can give you some contact names if you wish.\n\nGood luck!
170503
Partnerships strugle. Especially if one person isn't lifting their portion of the work. If your partner is not willing to sell or give up his portion, you can't kick him out of your partnership without first desolving the company. Additionally, the risk is shared. So if your partner screws up, you're held responsible.\n\nPartnerships can be good if both communicate and are clear on their expectations of each other. Specifying criteria in writing before creating the business partnership will help you out in the long run.
802098
This is a great company to invest in.....They are gaining market share. As an employee - if you are skilled - it might be a great Future. \n\nUsually rewards follow performance.   :o )
898491
Lower up front cost.  Usually leased items include mainteance and service coverage.  When you lease something, you can upgrade to a newer or different model more easily.
373050
i do not know where you can buy the equipments, but i do know that if you do a very good business plan, research, and, good location, you have a very good chance of succeeding.  Go for it!  Do not let anybody discourage you. Good LUCK!
22102
Well you'll have to do the math.  If you purchase you can depreciate the asset.  If you lease you will save $ up front and can use the money you saved to invest in your business.
747945
this is a two part problem - at least.\nWhen equipment (or software)no longer meets a companies need it has to be upgraded or replaced.\nWhen either is no longer supported (called end of life cycle) it is best to be ready to dump the old stuff. The cost and over head of supporting interally (within the company) hardware and software that you do not have resources for runs very high. \n    Someone has to maintain equipment - as a rule it is best to do so under warrenty, unless your company is so large it has a full staff for softwae and hardware. Otherwise outsource it and cut the overhead. \nCarl
416552
This depends on what your agreement was for,  did you borrow money or did he invest for the expectation of a future profit or did he buy part of the business.  What he gets, since there was nothing in writing, also depends on hte the value of your word!
714459
Nope.  That is the risk you take with the market and using brokerage firms to manage your hard earned money.  All of the paperwork and even your quarterly statement indicated that these investments were no guaranteed, insured and could lose value.  It is a hard pill to swallow, but you are not alone.  The great thing is that you get to pay these crooks to lose your money!  Sorry,.
652486
better to do a partnership agreement. then you can specify your and his responsibilities and percentage of of ownership and liability
386940
yes it is a good idea to set up PTY LTD. \n\nNo need at least two people. \n\nits true, profit and loss statement required.
241192
You get no return in your investment, but I personally have nothing against them.  The way they are built now, versus 20 years ago, are very sturdy, almost like a house.  If you already own land, it's a good idea, to me.
1064897
On the face of it, this sounds like good financial management by the firm.\n\nIf it were financially shaky, they couldn't get bank cooperation to do this --so-- thumbs up.
78768
Personally, I think you should first get a lawyer and explain of the situation. Amongst the two partners that will start the new business, decide what assets you will split, if the none weight puller will get any of those assets. Let him know in plenty of time that you are thinking of dissolving the current company, giving him time to consider other options. Depending on how much and how long it will take you to pay off the current assets, decide who gets what. If the deadbeat put in a fare share of capital, then its only fair he get a percent of that back. Let him know the company is not meeting its standard set forth that were thought in the beginning.
136212
You have to practice at least two years with other companies before starting your own investment
112607
your best bet is to look to purchase a business from someone that is looking to retire.  \n\nAlso, if you feel that you can add something to a business that will make it prosper then you might be able to get a real bargain.  Also, if you purchase SEVERAL small businesses you can build up some scale and eliminate duplicate costs -- therefore make a higher profit for yourself.
839429
ask what the cost to buy into this is (the start up cost). ask about the  term of the agreement, ask amout what kind of help they are going to give you to help this business get up and running? Good luck