First Steps BRRRR in NJ

[Jacob Winkler]

Hi Everyone,

I'm looking to BRRRR a multifamily in NJ with a partner for capital. This will be my first deal and so I'm happy to give a generous split to the partner in exchange for making it possible.

I'm just starting out-- looking for deals, potential partners and the rest of the team.

I'm also open to hiring a mentor/coach.

[Lumi Ispas]

@Jacob Winkler, Congratulations on your first steps! It seems that you know what you need which is amazing. 

A bit of advice when building your team:

1. 1. Make sure everyone in your team has been in Real Estate through the 2008 market crash, so they have had to be in the business for at least 10 years in the business
2. 2. They work full time in their business, they are passionate about this business and they'll negotiate contracts on your behalf over the weekend and in the evening when that's what will make all the difference to get that deal done.

1. 3. Each person on your team has to be a real estate investor. If they are realtors, lenders, home inspectors, contractors, accountant, etc,  they each have to own their own investment properties, so you can learn from their lessons learned as investors

Hope this helps! I will PM you with more info!