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Updated over 5 years ago on . Most recent reply

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Derek Mckenzie
0
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3
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$15,000 at the starting line (NC)

Derek Mckenzie
Posted

Just came across this app/group and became aware of BRRR. Just getting started and without enough cash capital to start buying homes out of pocket, does anyone have any tips on partnering up with other people to grow the money while I continue to save up? I'd like to be getting my feet wet in real estate while I build up my savings further. Any tips on how to find a good partnering opportunity or reasons to avoid it?

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103
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Mark Trebor
  • Investor
  • Minneapolis, MN
53
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103
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Mark Trebor
  • Investor
  • Minneapolis, MN
Replied

Do you have any like minded close friends that would be interested?  I got my start with three friends tossing in $100/mnth into a joint account that we invested in the stock market.  We did that for 7 years got a little lucky on the timing when we decided to sell our stocks and buy houses.  That 7 years allowed us to grow together and learn how each of us thinks about money.  We bought our first house in 2007 and well the rest is history now we have around 5M in property.

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