Bringing value to partner out of state

[Oleg Enik]

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?

[Collin Chan]

Can you generate leads or investors willing to lend you money for investing?  This could be friends or family if they feel that you have a good grasp on investing.

At this point I would say continue learning.  Bird dog for wholesalers, get certified and work in a trade to help re-habbers, or find a way to just get involved in the process.  Also read lots of books and watch webinars and podcasts to see why you can do and how others in your position became successful.