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Updated over 4 years ago on . Most recent reply

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22
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12
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Eshmield Ruberté
  • Boston, MA
12
Votes |
22
Posts

If I don’t have much start up money what can I offer for partners

Eshmield Ruberté
  • Boston, MA
Posted

Soo I’m 22 years old, I’ve been extremely interested in real estate for quite a bit after finding the bigger pockets podcast. I’ve been eager to get my hands into the game so studying for my real estate agents license now but when calculating costs it seems like I’m a long way from being where I need to be to be comfortable. While listening to the podcast Brandon at one point talks about if you don’t have the money find a partnership that’s beneficial for both sides. Problem is, is that I’m not too sure of what I can offer someone to establish a partnership.

I would really appreciate some pointers, thanks!

Most Popular Reply

User Stats

78
Posts
54
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Matt Lewis
  • Contractor
  • Seattle, WA
54
Votes |
78
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Matt Lewis
  • Contractor
  • Seattle, WA
Replied

@Eshmield Ruberté - Hey Eshmield, What can you do? Keep in mind as a young person you have some special things to offer that most investors don’t. Time, energy, tech savvy.

There are a lot of tasks in REI that don't cost anything or require much skill. Offer to take on some of those things to relieve whatever is holding the investor back. Imagine if someone offered to do all of your chores for free. You would probably say yes.

If you do have some money offer even if it’s just $5k-$10k offer it in the pot as a way to show that your serious.

Good luck! -Matt

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