Brandon Turner's "Partnership Model"

[Taylor Johnson]

Hey guys!  Brandon Turner is always talking about how many of his deals he finds a financial partner who covers the down payment and he adds value by #1 Finding the deals and #2 managing the property.

Has anyone had experience doing this same thing?  I'd like to learn a little bit more about what these deals look like on paper and get some direction on the best options for finding a financial partner like that.

Thanks!

[Joel Owens]

Turner has some experience. When experience happens then investment partners tend to feel better about investing. When it's a newbie with little to no money, experience, etc. then passive investors or types of partners can get nervous making an investment in a unknown commodity.

How do you overcome that? Most newer investors only take a small slice and give most of it to the passive investor or a partner bringing the money. As the sponsor gains experience then better splits follow and cheaper capital starts to flow in and more relationships are forged over time.

If you have a great deal then don't reinvent the wheel. Go to someone like Turner and see if they will bring in the money with their connections and you take a small slice to get going. If anything you might learn why a perceived deal might  NOT be a deal and then what to try and find  that is.