Partner or Flip to build capital

[Account Closed]

My long term goal is to build a portfolio of rental properties. I'm thinking about starting to rehab and flip homes to build more capital to invest in apartments. Does it make more sense to find partners and invest apartments immediately or flip homes to build capital and invest on my own starting out?

[Jeff Greenberg]

Raising funds from investors requires credibility, but it doesn't need to be from years of personal experience. By teaming up with an experienced investor, not only can you learn what you need to know to raise funds and do deals on your own, but you also start building your credibility kit on top of your mentors. Loners can take the slow route to credibility and success, and those that find a mentor to learn from, excelerate the learning curve. As I constantly say to new investors, find someone that is doing what you want to be doing and find a way to be of service to them. This may be making phone calls or licking stamps, but the best way to learn is by doing it next to someone that accomplished the skills or has the credibility that you covet.