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Updated about 4 years ago on . Most recent reply
MFR in Denver/Aurora, CO or San Antonio, TX
Hi all,
I'm new to REI and have family in Denver, Aurora, and San Antonio who know the areas relatively well (I myself am in the San Francisco Bay Area). I am looking to get into investing in one or several MFRs in one of these areas primarily for cash flow purposes. I have a rough idea of what things look like at a high level thanks to the very helpful responses to my post here, but am intimidated by trying to navigate the whole process myself.
I am reaching out to this community to see if anyone would be interested in partnering with me on a MFR/commercial apartment building in one of these areas, to show me the ropes and guide me through the process in a way that still allows me to be involved and learn how everything works. My primary goal is to learn enough to be able to navigate this type of deal on my own. To compensate for my inexperience, I can bring capital to the partnership to the tune of low 7 figures. Any tips when it comes to vetting a potential partnership are also greatly appreciated.
Meta note: please let me know if this kind of request is inappropriate or awkwardly presented! I'm very new and am not acquainted with the social status quo amongst real estate investors.