a couple of questions

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ok here it is . any insight will help. i love the idea about being in the real estate buss. for alot of reasons . i purchased my first home two years ago and did alot of work to it myself this is what i like doing on the side of being a full time chef, the house it probably worth 75 thousand more than when i purchased it . my question is should i do a little more work to it make it worth more and sale it to purchase a new one and so on or stay here and build more equity ? i work for a very wealth man who made all his money in real estate should i approach him with a deal of flipping some houses and making us both some money ? he would be the money man how would i go about make a profit of it if hes the money man? would i spilt the profit 70 him 30 me or what yall think?i would like to use him to get started till i make enough money to start doing it myself?i know the knownledge he can give me starting out is the best for me. im willing to learn any and everything i can .is this a good idea ?