Things like that if you get what I'm saying.Jay, I figured it would be less time consuming to talk over the phone but it is a lot more genuine and shows real motivation if you meet them in person and buy their lunch.

I have went to several REI meetings and with those folks I have spoken with they all seem genuine and want to share resources and information.

@Tony C.What you are looking to do is very workable.Your Solo 401k and the partner can joint venture.  

The topic of how to structure joint ventures and partnerships is a frequent point of conversation.

Hello BPer's,I was wondering how others are valuing your contributions in a partnership or joint venture deal. 

I'm from the San Jose area and I have been involved in a couple joint venture projects in the Bay Area but more interested out in the Sacramento area.

English is my second language, so please bare with me even if my English is so broken.I am 39 years old and have two kids, I am working as a hibachi chef - you know that Japanese grill like Benihana - and my wife is serving in Army.My job is physically very demanding and I have several joint problem so I don't think I can do this that long.I wish I can replace majority income with cash flow from real estate, my goal is cash flow 3000 to 5000 a month in 5 to 7 years and eventually make 10 to 15k a month in 15 years.Unfortunately I don't have any money saved right now but I got a chance to save about 30k in one year while my wife is stationed oversee.

Google helped me but I can tell you what I found best for inside corners is coping the joint.

Of course, if you'd like to joint venture together on one, contact me.

All I can offer is to have the conversation now and make sure there is a clear understanding that you are not doing everything together, it's not a business, but more of a joint venture on specific projects, and when one of you has a deal you want to partner on, you'll bring it to the other, but there is no obligation to either agree to do the project, or to ask the other.