@Jeremy Kloter @Patrice Penda:
Thanks very much for your input.
Those returns seem high unless its a profit split or equity as opposed to someone you're lending money to.
- I believe there is some profit split, both from monthly rentals and also sales of the property (talking about multifamily properties). The company/owner seems credible and experienced. Returns are like 18%-26%.
See if you can get your feet wet by doing some errands and ground work for an investor doing a type of project that you want to do
- What kind of errands are you referring to?
I like the idea of finding a good deal, having someone else fund most if not all of it, and negotiate some equity in it or take a finders fee and watch the project unfold as it goes.
if you can execute a project yourself and achieve higher returns, there is no need to invest in someone's project.
- But with the lack of experience, funds or network, you might not be able to get an as good deal as the well experience investment company (As the Type 1 I am referring to) and gain as much returns from it, isn't it? Of course this problem might go away as you get the foot wet and gained more experience or credibility in finding and managing your own deals.
Best,
