I have some capital, but no experience. Shoul I partner up?

I have some capital, but no experience. Shoul I partner up?

Member since 2018 · 4 posts · 0 votes

Hello BP users,

I am convinced real estate is something I would like to pursue in the future. I have been residing overseas for the past 4 years, and intend to return to the states within the next three years. However, all this reading and listening can only do so much, practically speaking. Since I haven't owned any property in the states, would you recommend I get started with partnering up with someone who has been in the game for a while (probably meeting through a meet up)? I have enough capital to get started on a first project. So say, splitting the profits 50-50? Or would someone recommend getting started another way?

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  • Investor · Kennedale, TX · Member since 2016 · 219 posts · 349 votes
    7y

    Remember that a fool and his money are soon parted. So be very careful who you partner with.

  • VA · Member since 2017 · 86 posts · 42 votes
    7y

    What you can do is take advantage of the experience and knowledge of others so you can invest from afar. Read David Greene’s book long distance real estate investing. You can use these same concepts wherever you are. Never stop learning!

    Keep reaching out and you’ll find your way. 

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