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Updated about 1 year ago on . Most recent reply
Bringing in Outside Investors and How to Benefit Them
My partners and I have been discussing the future of real estate ventures and, naturally, the topic of outside investors was brought up. We have a (1) SFH Section 8 property in Cleveland and (1) 1-bedroom apartment in the outskirts of NYC in their own respective LLCs and once we acquire our next property, we plan on wrapping each LLC in an LP.
We're still very green in the real estate world and we've been having constant discussions on what we want to do moving forward. We went into it thinking eventually we'd want to flip houses, possibly do syndications, get realtor licenses, and essentially be a one stop shop for investors (i.e. turnkey).
My question to all of you is what strategies can we utilize to bring outside investors in to maximize returns. In continuance, what type of returns are outside investors looking for typically? I realize this is a general question, but my partners and I are just starting out and we'd love feedback/advice from more seasoned real estate investors/professionals to help us more forward.
Any help would be much appreciated!