Questions from someone starting out

[Jesse Phillips]

Hi everyone,

A good friend of mine and I will be partnering for a new real estate investment venture. We're looking at STR's, LTR's and multifamily homes, predominantly in the midwest. Few questions for the veterans on this site:

1. Is this region becoming oversaturated with new investors?  Seems like everyone is pushing Columbus, OH, Indianapolis, IN and other similar towns/cities.  

2. Is this a good time to jump in?  Interest rates are high (hopefully coming down soon) and inventory is low (hopefully increasing soon with new builds and a projected decrease in interest rates).  

3. How do you determine equity split in an REI partnership? Primarily based on hours worked? Capital invested? Other responsibilities?

4. If this type of investment is so successful, why are so many people willing to discuss their strategies with strangers?  I realize an honest answer here might be not be possible, haha.  

I truly appreciate all the insights people are providing here, even if I sound a bit skeptical in my post here!

Thank you in advance,

Jesse