General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 07/18/2022
Building a team or going solo
Hey all, I'm relatively new to REI (own 3 duplexes at this point) and been hearing opinions on some of the BP podcasts about building a team for your REI ventures and doing JV's and partnerships. Curious if people find working independently more beneficial or if a faster path to growth is partnerships... it would seem that one way you own 100% and if you have 5 people in a deal you own 20%. From your experience is one method better than the other for growing your portfolio? They often have people on the podcast that have for ex. 350 units but they own a fraction of that as part of partnerships and syndication... not the 350 units themselves outright. Am I missing something, would they be in the same place if they had taken their money and invested on their own as opposed to through a partnership/JV or syndication, I hope this question makes sense.
I'm gearing up and keeping powder dry to utilize in the near future if the market keeps softening and welcome any information/opinions. Thanks in advance.
I'm gearing up and keeping powder dry to utilize in the near future if the market keeps softening and welcome any information/opinions. Thanks in advance.