Updated about 4 years ago on . Most recent reply
Looking for developers
Hello there, I am a looking to connect with local and out of state developers who invest in the Los Angeles County area. I came across a general contractor/developer who currently has too much on his plate and is wanting to pass on some of his off-market development deals to other developers who invest in the area. These are all multi family set for new construction. I am not familiar with the development side of real estate investing as I am still in the residential side of REI. My question is: How would I bring value to this developer, while finding others interested in his projects and being compensated for referring them? Is there such thing as a "finder's fee" for off market development deals? How does one calculate a good deal for a new development project, is there a formula for this?
Thank you and I hope to receive some good feedback!