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Updated over 14 years ago,
Knowledge but no cash - what to do?
Tony Robbins always talks about that one moment in a person's life where they look around and are finally sick of being in that situation, they have reached a breaking point. Well folks, I am finally there. The issue: I have a lot of knowledge about real estate (specifically commercial real estate valuation - I am a real estate analyst by trade) however, I don't have money for deals.
My goal to overcome the lack of funds is to find joint venture partners. However, I would appreciate anyone who has been involved in JV's to discuss the likelihood of partnering with someone who does not have money, but who can find deals (hopefully) and assess their value and put a business plan together regarding significantly improving its value.
Take care,
David.