How to find partners in the Bay Area

Question

Hello my name is Marcus I am looking to get into real estate. I have saved up about $12,000 and I was hoping to find a partner to buy some real estate with and California preferably￼ in the bay area but sadly I have no clue how to find a partner so that’s why I have came to bigger pockets for advice on how to find a partner to make passive income with.￼￼

Marshall Downs · Answer

Hi @Marcus Carr, welcome to the other side!

One thing I tell newer folks is to begin figuring out what could be your specialization within real estate investment. Over time you will learn lots of information about the overall industry, but it is a huge industry.

Within single family rental properties alone you could be the go to guy for deal sourcing, financing, construction, sales, property management, etc. Begin working on what sort of value you can provide in that space. Experienced investors and potential partners and mentors always can use the help of someone who provides valuable information on some niche that will help their business.

This will of course take a bit of time. One way to figure out would be to attend REIA meetings and other meetup groups where you can explore the industry further. Here is a link to some in the Bay area. https://www.biggerpockets.com/...

Hope it helps and feel free to reach out with any questions.

Mark Pedroza · Answer

@Marcus Carr

Until this pandemic is over and when face to face meetup's begin again follow this web-link for the next real estate webinar interests you:

https://www.meetup.com/topics/...

At these meetup's there is usually a small breakout sessions where investors pitch there have's and want's as to what an investor is contemplating to invest in or if a investor is looking to with a JV partner..