New to real estate and looking for a potential business partner

[Sergio Olvera]

Hi everyone, my name is Sergio. I live and work in Austin, Tx and am new to real estate with a pursuit of landing my first successful deal this year in San Antonio. I have been most interested in attaining either a medium or long term multi-family rental. I've also analyzed a good amount of properties on my own for practice and understanding of the market. I'm also currently in contact with a lender and realtor in SATX for potential properties. But I am looking to partner up with someone who is also interested in investing on a multi-family in SATX. If you are interested feel free to reach and we can talk about the details as far as capital needed, location, etc. Thank you

[Estrella Carolina Mckinney]

I disagree, in my opinion teamwork is always best especially when you can delegate and contribute, and of course ALL IN WRITING. Do not do the mistakes I did.

I have been doing all my investments SOLO, 15+ BRRRRs (manage all in house), New BUILDs, AIRBNBs (run all in house too) etc. I can tell you that its been hard, very very hard. Although there’s been insane amounts of stress thanks to my Business partner (I’m sure he can say the same thing about me, I’m a very demanding “Trust by verify type of person”, Latina lady Military Retired mother of 4 boys) sorry had to throw it in there. I love my boys but they will try to get away with the simplest things, so I’m a trust but verify type of person.

So to get back to it, it my opinion the more you do SOLO, the less you will achieve. The road with my partner has not been easy, not one bit, but I have learned a lot and although it has been very difficult I wouldn’t be where I’m now. Prior to him being the pic, my experienced consisted only on flips. My ultimate goal is to build hundreds of homes in the San Antonio area, help my community and develop new affordable housing, to sell and to keep as passive.

So in short, having a partner (the right partner that is) will always make you that much successful and get you to your ultimate goal that much faster. If you are looking for partners to start a new Multi, my advise is don’t do it unless you have talk to and seen first hand how that interaction is and what each person has brought to the table, from RESPONSABILITIES and A-Z Contributions. Find a project just like that and make yourself useful so you can see their shortfalls and successes. There is not better advise and training than walk the walk in order to truly know what you are able capable of handling. Best of luck and YOU GOT THIS, don’t stop your RE education, take action but be smart about it.