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Updated almost 2 years ago,
Getting a Partnership/mentor in my neighborhood
I know one of the ways to get a mentor is to provide value.
There is a couple in my neighborhood that's in their late '60s early '70s and they have a portfolio of about 10 properties. (Apartment buildings/ corner mom and pop shops).
I am not for certain about all of them, but the three that I've checked so far are in poor condition.
I would like to work something out with them where I can help fix up their property and share profits and selling them if they are considering selling off...
I've been saving money for a quad-Plex, But it's like every time I blink the price rises (Miami Market).
Does anyone have an idea how I can set up a structure a deal like this? Is there a industry term for this kind of deal?
I would like to approach them at least knowing how it could work...
Ideally, I learn something along the way of the process and make a little money..