How do you find/vet an operational partner for real estate projects?

How do you find/vet an operational partner for real estate projects?

MO · Member since 2025 · 3 posts · 2 votes

I'm working on affordable housing development projects in Missouri and Arkansas and realizing I need to bring on someone who can handle the execution side - closing deals, managing investor/lender relationships, keeping timelines moving - while I focus on strategy and development.

For those who've brought on operational partners or integrators

What worked for vetting them?

  • -Did you start with a trial project or dive straight into partnership?
  • -How did you assess execution ability vs. just talking a good game?
  • -What red flags did you watch for in the early stages?

How did you structure it initially?

  • -Commission-based trial before salary/equity?
  • -Specific project to prove capability?
  • -Something else?

I'm considering having candidates complete a paid trial project (closing a rental property deal) to see actual follow-through, but curious what's worked for others.

Appreciate any insights from those who've successfully built out their teams.

1Reply
46 views

2 Replies

Jump to latestLatest
  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    10mo

    Does the person need to be local?

  • MO · Member since 2025 · 3 posts · 2 votes
    10mo

    Not necessarily. It would depend on their knowledge and experience.  

Join the conversationCreate a free account to reply, vote on answers and follow this thread.