Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

98
Posts
28
Votes
Oleg Enik
  • Investor
  • Culver City, CA
28
Votes |
98
Posts

Bringing value to partner out of state

Oleg Enik
  • Investor
  • Culver City, CA
Posted

Hi BP community! Thank you for all the answers and interesting forum topics. I truly benefit from all the advice I get on this website.

When I think about the dynamic of a partnership, I always think of the ways I can bring value to my partner.

It is especially challenging when you are young, don't have any savings, barely any experience, and only knowledge from reading books, but no real investing experience. And after asking many professionals of how I can bring value to an experienced investor, who is acting as my partner, most answer through "sweat equity".

Many have recommended taking care of the whole process: finding the deal, doing all the rehab work, managing it, etc. While my partner would take care of the financing side of things.

My questions is: how do I bring value to my partner, in this scenario, if I want to invest out of state? 

Since I won't be able to drive for dollars, meet agents to ask them to find me deals, manage the property myself, or do any of the rehabs myself, how can I be of value?

Loading replies...