Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Newbie Investor looking for a Partner.
Just a short background...I am a wholesaler who does fairly well finding good wholesale deals using the fundamentals of good solid numbers before I ever bring a "deal" to an investor. I talk to sellers ALL the time and happy to provide solutions & relief to clients when I find these motivated properties. My problem is that while I make a decent income in assignment fees it does not provide me the financial freedom and I see the monster share of profits go to the investor/buyer who is usually NOT me. I know that with good systems and partners I can partake in greater profits and not just be a wholesaler. (Sidenote: Nothing wrong with wholesalers or wholesaling) That being said...I believe finding a good experienced contractor (or project manager) is key to doing these deals remotely especially if I want to purchase these deals to fix & flip or acquire for my portfolio. That is where I am stuck...where would be a good place to start to find this person? And more importantly...what kind of compensation would I be offereing or giving for that matter for this person whom I am bringing the deal to? Is it % based driven? etc.? Any insight would help.