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Updated over 6 years ago,
Investing Team - References Please??
I am a newer REI that has spent the last year doing analysis and preparation to procure some properties out of my current area....Pacific NW...….Investing in this market takes significant capital and provides much smaller return potential over other markets. I am sitting on about 400,000 in capital and have a goal of procuring 20 doors in the next 5 years. My target market is more blue collar stable renter types located in C grade +/- areas. I have looked into MF up to 20 units but again, that is capital resource limited for the most part.
That being said, being a long distance investor, I am looking to put together some great investment oriented people to assist in developing an investment portfolio of lower end SFR's and or Small MF props in Alabama, South Carolina, or Cleveland and am in need of a (1) real estate agent and (2) service provider/contractor for the venture. I am not averse to procuring through wholesalers but will probably pay an agent to be my boots on the ground per se in any wholesale deal as I cannot pop out to wherever every week.
If you know of any of these that are interested in developing a solid relationship for the near or long term, please drop me a note indicating as such.
Thanks in advance and look forward to any insight or input available.
Regards,
Patrick