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Updated over 6 years ago,
Seasoned MF Investors: Bringing a newbie in on a deal?
Hey Bigger Pockets! I recently committed to becoming a MF investor and, ideally, I'd like to be part of an apartment complex deal within the next 6 months. Not as the primary syndicator, but as more than a passive investor. I'd like to ride shotgun to get as much exposure to all aspects of the process as I can.
But I'm an ardent believer in adding value to relationships and doing everything you can as an individual to set yourself up for success. So my question for the experienced investors is, what would it take for you to mentor a newbie on a deal you're doing? Is being a passive investor enough? Or maybe taking a smaller or non-existent piece of the pie in exchange for helping out wherever needed? Helping raise funds?
Any input is appreciated, as it will help shape my approach of starting my investing career!