Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

8
Posts
14
Votes
Caitlyn Richardson
  • Financial Advisor
  • Newport Beach, CA
14
Votes |
8
Posts

How to Find Partnerships

Caitlyn Richardson
  • Financial Advisor
  • Newport Beach, CA
Posted

I'm a 29 year old from Orange County, CA who recently became debt free by paying off over 6 figures of debt and student loans in full! 

As a newbie real estate investor, how can I seek out good partnerships with other investors involved in commercial real estate so I can take the first step and jump into the game? I've found it to be especially difficult these days due to Covid and limited networking opportunities. I'm hoping to network through this forum! 

I'd love to hear some advice and ideas for the budding investor!

-Caitlyn 

Most Popular Reply

User Stats

3,019
Posts
2,320
Votes
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,320
Votes |
3,019
Posts
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

Hi @Caitlyn Richardson, welcome to the BiggerPockets forums and way to go paying off all that debt!

I'd recommend something that I'm doing right now (imagine that!?) that I heard from someone who heard from . . . well you get it.  Work up a Personal Financial Statement (these are the things that banks ask for from self-employed borrowers and nearly EVERY commercial lender asks for anytime you want to do business with them).   The simpler the better for this.

Once you work up your Personal Financial Statement, study it.  Then start from scratch and redo it every week or month and make goals around your Net Worth.  Repetition with this will increase your awareness around what actually increases net worth (a stand-in for total wealth as it is not income and not simply a sum of all investments).  This has been instrumental in training my thinking around assets at a deeper level and  I would recommend it to you!

Loading replies...