Please read through chapter 1 in the attachment and answer the following questions:1.Joe inherited funds from his grandmother and decided to invest in real estate. Sam, a friend of Joe’s, is also considering investing in real estate.  Joe and Sam decide to become real estate investors and decided to purchase 3 properties.-Describe how you will acquire the properties and the type of properties.-The name of how you will take title.-What are the advantages and disadvantages of the type of acquisition you decided on?2.You purchased a property with your son or daughter.-Describe how you will take title of the property?-Explain the advantages and disadvantages of this type of ownership.

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