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Updated about 6 years ago on . Most recent reply

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Looking for investors in Chattanooga, Tn area.

James Ryan McVay
Posted

Have zero experience in investing in Real Estate but have been researching for going on two years and I am looking for someone that would want to help invest with me in the Chattanooga, Tn area to help get me started. 

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146
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David Grabiner
  • Investor
  • Chattanooga, TN
108
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146
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David Grabiner
  • Investor
  • Chattanooga, TN
Replied

If you are confident about finding deals and managing them and all you need is money, why not start with friends and family? You will probably find that most seasoned investors expect to get a much higher return than non investors. For example if you have a long term buy and hold multi family deal that you will do all the management of what kind of annual return will I get on the money invested? I probably wouldn’t be interested unless my money was making around a 20% return. 

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