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Updated about 8 years ago on . Most recent reply

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549
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Jason Hopkins
  • Investor
  • Memphis, TN
286
Votes |
549
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DO YOU DO JV DEALS AND IT NOT WHY?

Jason Hopkins
  • Investor
  • Memphis, TN
Posted

DO YOU DO JV DEALS AND IF NOT WHY?

I had two bad experiences when trying to help other wholesalers move their properties. Every since then I have turned down offer after offer to do JV deals with other investors. When I do this they seem surprised. Just wanted to get some feedback from other investors out there on their experience.

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Jay Hinrichs
Professional Services
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,756
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42,635
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Jay Hinrichs
Professional Services
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Chinmay J.  it can get comical.. I have seen threads on BP were some wholesaler is calling out another wholesaler for advertising their deals with or without permission...

wholesaling done right is a very advanced strategy and very hard to do and extremely hard to master.. but you have all these folks thinking its the way to start.. which not sure why they think that other than they can do it if they have no money or they think they can.

I just see folks doing this as being out on an island.. the one thing about the real estate brokerage culture is you have companies companies have real support you can go to meetings you can talk with top producers.. you can apprentice and move up the food chain. Going it alone try9ing to learn on the internet an through webinars and podcast other than social or recreational value I see very little value to hands on training. at the end of the day its a belly to belly business and you better be VERY good at sales..

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JLH Capital Partners

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