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Updated almost 12 years ago,
Adding Value From the Middle
I have two good friends- one a creative Realtor who I consider to be a mentor, and another trusted friend who is an investor looking for a first REI, being a self-described silent partner. My realtor friend has been scouring the MLS for good deals, engaging his one investor, managing the rehab, and marketing the properties. With his current investor, they have done 6 flips together and have made good returns on all 6. My investor friend would be happy with any of those deals. I have set up a first meeting to introduce them this week. I want to ensure that my investor friend "buys right" and understands the potential risks. I'll help provide analysis of the numbers, rehab costs, timelines, protections for both of my friends. So, from the middle, between two friends, what other value should I try to bring to the table? Should I just introduce them and find the comfort-level of my investor friend about my involvement in the flip? What other value can I, as the middle man, bring to the table?