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Updated over 7 years ago on .

User Stats

9
Posts
3
Votes
Dylan Eggers
  • Denver, CO
3
Votes |
9
Posts

Starting out with a four person team?

Dylan Eggers
  • Denver, CO
Posted

Hello,

Currently, I have three partners and we have an LLC formed as well as a mutual bank account that we have all contributed to. Right now we are waiting for the account to be "seasoned" before we look at any properties. We all have several ideas on where we should start with our first deal. We are all long-term investors that are more interested in buy and hold, however, we are skeptical if it would be better to start out doing a few small flips in order to get some experience and raise more capital. I know there are millionaires in every niche but we are unsure of what would be the best approach within a four-person team.

If anyone has good advice on how to approach our first few deals as a four-man team please let me know!