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Updated over 3 years ago,
Partnering as a new investor?
Hi everyone!,
I am a newer investor still on the search for my first househack. I very much enjoy connecting with as many investors as I can just to hear their stories and make relationships. I have been immersed in the real estate realm for a while and am pretty early to the idea of partnering. I had a question that I would love to hear the room’s opinion/experiences on. I know this will likely be a case by case relationship basis, but I can’t wait to hear others thoughts!
If I as a new investor brought an off market deal and presented it to an investor(s), did all of the work to get the transaction closed (I’m an agent!), and did the tactical work (managed tenants, contractors, ect.) is this generally enough for another investor to bring the capital and be there for guidance to do it together? Is it worth asking Brandon Turner’s golden “Do you know anyone who would be interested in partnering on a deal?” question to investors I have relationships with this early in my career, or to stick to my conventional Househack until I have a “history”?
Thank you very much,!
Kyle