What's the more valuable skill, finding deals or finding the money to close deals?

[Marty Boardman]

A lot of people put off getting into real estate because they don't have the money. I believe this is a huge mistake. Knowing how to find profitable deals (and analyze them) is a much more valuable skill than knowing how to raise capital. And once you master it, getting funding should not be a problem.

What do you think?

[William Harvey]

@Marty Boardman I would agree. However, raising money has come fairly easy for me so I think it depends on who you ask. I've certainly found it harder to find deals than raise money.

However, I have a partner and we buy hospitality properties in the Shenandoah Valley in Virginia. He HATES raising money and dealing with investors, but loves sourcing deals. So, it is a great partnership where each of us has what the other does not. If you asked him he would say that sourcing deals is easier. 

Overall, I think more people would say that finding deals is harder though, just my opinion!