Updated over 6 years ago on . Most recent reply
Finding an Operating Partner
I recently sold my business and have a fairly sizable amount of capital to invest. I have gravitated toward real estate and mobile home parks in particular. My biggest issue is the operational side of the business. What advice would the group give to someone like me who has the capital to fund the deals he comes across but lacks the operational knowledge? I’m not terribly interested in just being an LP in a deal. I would like to find a partner that wants to handle the operational day to day aspects of the business and let me bring the funds and financial background. Any guidance on how to go about finding a partner like this would be greatly appreciated.