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Updated over 1 year ago,
Starting off and partnering with others
Me and my boyfriend are motivated to get into real estate and have been educating ourselves with reading ,podcasts,YouTube videos etc. We are looking into different types of properties and the pros/cons of each and it’s clear that we do need capital , there’s no way around it. I have a friend and her husband who are extremely motivated and want to get into the real estate game and are taking the steps to try to learn. They are reading books ,they are listening to podcasts or taking notes together as a couple etc. They are wanting to partner up with me and my boyfriend and split with equal however my boyfriend is suggesting that if we do a deal with other partners it would have to be a eight bedroom multi family unit and that is the only way to profit even though it’s just 4 of us versus a flip as first time investor . I was considering more of a flip to see if we work together well and to know the intricate of property. Can anyone advise me on what their experience is with other investors and what they would advise someone who the new investor with other new investors?