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Updated almost 9 years ago on . Most recent reply

New Member from Washington/Puget Sound area
Hello! Im a newbie! I joined Bigger pockets Pro about a month ago and am so amazed, impressed and grateful for the host of information and positive support from this incredible community!
About me: I am in another industry today--Technology sales--but Ive owned properties and rentals in my past. My 5-10 year plan is to build a portfolio of passive income properties with a journey that may lead me through wholesaling, flips and of course, buy and hold.
I live in View Ridge area of Seattle where Ive owned my home since 2003. I just finished a first remodel and got the 'design and rebuild it' bug. In my month of research, I am going to target my 981-5 area for any last gems but because Seattle is overpriced, looking South from the Tacoma area up to Tukwila. I'll be at the next Tacoma Wholesalers Workshop to learn more there and meet new folks. I am also a member of REIA and really appreciate Shirley Henderson's support.
Suggestions of how to get started or possibly partnering on wholesaling or get into a flip...I'd love to talk with you!
Most Popular Reply
Hello @Rebecca Johnson.
If you are interested in partnering on a flip, I would suggest figuring out what do you bring to the table BESIDES energy and enthusiasm?
The hard reality is that most folks looking for a partner want that partner to bring something concrete. Are you well capitalized? Do you have experience managing a GC or are one? Can you keep a project on/under budget and on time with deliverables? Are you adept at finding funding sources or off-market deals?
Once you've determined what your advantage is, then you'll have a more concrete place to work from to find a partner.
I would also echo @Nathan Robbins' advice, there are monthly BP Meet-Ups in the Seattle, Eastside, and Tacoma areas where local investors will have a free, informal gathering to talk shop, pass around deals, and find partners. @Tiffany Plovie, @Kevin C., and @Troy Fisher run the meets, you can also find details when they are posted under the Community>Networking Events tab.
Cheers and good luck!