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Updated over 3 years ago on . Most recent reply

User Stats

18
Posts
9
Votes
Benjamin Cohen
  • New to Real Estate
  • Charlotte, NC
9
Votes |
18
Posts

Advice for newbie on finding the right partner?

Benjamin Cohen
  • New to Real Estate
  • Charlotte, NC
Posted

As I'm starting my journey into apartment syndication, I'm realizing the most time efficient way to scale is through partnerships. Looking forward to and open to hear all kinds of advice on what signs to look for when considering partnering with someone?

As a newbie, I lack credibility and track record obviously; that being said, would it be best to look for partners in a similar boat (with high work ethic) or work with more experienced investors who’s looking to add someone on their own team? I'm definitely looking to provide value while also looking to build my core team as well. Any tips on how to balance that?

Looking forward to hearing back!

Most Popular Reply

User Stats

1,221
Posts
689
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Jeffrey Donis
  • Investor
  • Durham, NC
689
Votes |
1,221
Posts
Jeffrey Donis
  • Investor
  • Durham, NC
Replied

Hey Ben!

Hope all is well- what I would do is try to find someone who is doing what you want to do and has more experience and try to find a way to bring them value. You could run their SM pages, you could underwrite deals for them, literally anything they could find value in. The key is to bring it to them with out asking what you can do to help. Instead, bring up different things that you are ready to do and then commit to doing it with no intention other than the ability to rub shoulders/learn. Bring value to valuable people!

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