*Deep Breath* I'm new here... but excited to get started on this journey and want to develop a business plan and work with someone experienced to mentor me and potentially work through a 50/50 BRRRR deal with me. Through research, I came to an interest in the Columbia, SC area and would like to start searching for a property (SFH or MFH) to begin a BRRRR process on.
I don't want to come off as a shmuck who knows nothing and wants everything in return so, my plan of attack here is to get with someone who has experience in Columbia first, then find deals on my own to try my hand at gaining some experience dealing with wholesalers/realtors/etc., build some investment packages on deals that look like they make sense for BRRRR investments, and pitch them to my mentor. If the mentor agrees on my research, then we pick a property and begin this process. This way I do the research for us and the mentor guides me along the way for something that they may have done differently or something I may have miscalculated and are available for any questions that may arise along the way in the buying phase of this process. Once we've finished the buying phase and I prove some worth to this potential relationship (however little that worth may be damnit!), we can work through the rest of this BRRRR together and knock this thing out of the park!
If anyone has any interest in something like this please let me know. I am happy to pick anyone's brain who has experience doing something like this and eager to learn how to passively invest in real estate while working full-time M-F.
Thanks in advance and cheers to new adventures!
