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Updated over 1 year ago,

User Stats

8
Posts
5
Votes
Jesse D.
  • Bay Area, CA
5
Votes |
8
Posts

Want to start investing, but stuck.

Jesse D.
  • Bay Area, CA
Posted
Hello everyone, my name is Jesse. I'll keep this as succinct as possible:

About me:

1. Licensed realtor since 2017; experience listing/selling property.
2. 10+ years of rental property management experience, very good at finding tenants that pay the rent on time, take care of the property, & generally stay long-term.
3. Experience working w/contractors/handymen, handling remodels, sourcing material, designing places from start to finish (trashed rentals to high end luxury homes), etc. 
4. Currently studying for broker license/not actively prospecting for new clients so don't have a steady stream of income at the moment but have some savings for investing

I have 2 questions:

1. Where can I find a mentor? I've been to some real estate meetups, but been unsuccessful. I know they say you can find one here - do you just put a post out or...? Do I even need a mentor?

2. If I find an investment property & want to partner w/someone to provide capital, how do I "structure the deal"? If the property is in CA, I'd be the selling agent & able to manage it/get it ready to rent out. Is structuring a deal basically drawing up an agreement that states who is responsible for what & how profits/losses are handled, setting up an LLC, or something else? Examples would be helpful!

Thank you in advance...open to any other advice as well.

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