Updated almost 12 years ago on . Most recent reply
Need Help!
Hello everyone,
My business partner and I have recently found an investor who is wanting to partner with us. Basically, she is a busy professional with a family and kids who doesn't have the time to do what she wants to do in real estate. We met her at a networking event and discovered she wants to purchase 6 properties to rent this year. After much discussion, she wants to speak more in depth with us about working together.
My partner and I have been working off a wholesaling/assignment contract model thus far. We honestly don't know how to generate income for ourselves pursuing this new venture as neither of us have a TX RE license. We weren't sure if we should stick to our model or if there was a different, creative solution to make money this way.
Has anyone come across this before? Please keep in mind, we are just starting out and have a lot to learn. We might be thinking too much into it, but we would love some input as to how to make this financially viable for our business.
Best,
Rory