Real Estate Investment Partners Wanted

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Real Estate Investment Partners Wanted

Robert AdamsPro Member
Member since 2023 · 10 posts · 1 vote

Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

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  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

  • Robert AdamsPro Member
    OP
    Member since 2023 · 10 posts · 1 vote
    3y
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.
  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL   

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL  , 

    Keep in mind, we are trusting you, more. All we do is " write the check" YOU need to run the job. So, when you say, you want someone you can trust, well its more on you that we are trusting :)

    Good luck   


  • Robert AdamsPro Member
    OP
    Member since 2023 · 10 posts · 1 vote
    3y
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL   

    Gotcha! Thanks for helping me understand. I see what you mean, especially from the limited partner’s perspective 
  • Robert AdamsPro Member
    OP
    Member since 2023 · 10 posts · 1 vote
    3y
    Quote from @Bob S.:
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL  , 

    Keep in mind, we are trusting you, more. All we do is " write the check" YOU need to run the job. So, when you say, you want someone you can trust, well its more on you that we are trusting :)

    Good luck   


    Very true. I see where you’re coming from. Thanks for the feedback! I appreciate it 
  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL   

    Gotcha! Thanks for helping me understand. I see what you mean, especially from the limited partner’s perspective 

     Ok so what are the numbers? I have a " blank check" always looking to help  

  • Robert AdamsPro Member
    OP
    Member since 2023 · 10 posts · 1 vote
    3y
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:
    Quote from @Bob S.:
    Quote from @Robert Adams:

    Hi everyone! First post in this forum. I am a licensed realtor with a brokerage in central Massachusetts. I am looking to get into house flipping but don’t have enough capital to get started. I have quite a few properties in mind that could work (single family homes) where I have crunched all the numbers and seen the properties after scheduling my own showings. I can put 10% down or so to show that I am serious about the projects. I am also willing to handle all project management aspects, as I am mainly in it for the experience (not looking for a crazy pay cut). I can also handle the real estate agent part. I do have a central ma specific vendors list that I think is quite good (I am on a top producing team within the brokerage). Whether you’re in state or not, please let me know if this opportunity is one of interest to you and we can go over the details. Thanks!

    Post the numbers, NOTHING else Thats all we need to know if it will work. If it makes sense, we will talk more in detail. 

    I understand what you’re getting at and that you’re all business, BUT there’s more to it for some people. I don’t agree with this, just like you don’t agree with me, and thats okay. I know that you don’t think I know what I’m talking about but different people have different perspectives and priorities. That wasn’t even what my post was about.

    If anyone is interested in relationship building and partnerships that are beneficial feel free to reach out. There’s a trust factor here that important to me. It takes people who are in sync, and work well together, along with the numbers adding up. I don’t want to work with someone I can’t trust.

     Post the numbers to see if it makes sense then of course connect and build a relationship. If the numbers do not make sense, well, nothing else to talk about. I am all about long term mutual benefits.

    MAYBE I should have been clearer vs everyone can read my mind LOL   

    Gotcha! Thanks for helping me understand. I see what you mean, especially from the limited partner’s perspective 

     Ok so what are the numbers? I have a " blank check" always looking to help  


     Listing Price: $130k 

    Max offer: $120k

    Closing costs: $3600

    Rehab costs: $75k-$82k

    Holding costs $1350 a month (x4) = $5400

    ARV: 280k

    ROI: around 25%
     
    Estimated profit: $53,169

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y

    wait you are telling us you/we can be all in 200kish with an ARV of 280k? If those are accurate numbers, we would be interested as would anyone else LOL .PLEASE make sure your numbers are correct as that's the only thing that matters.

    Send me an address so I can run the numbers as well

    Thank you

    SEE much more efficient right :) 

  • Robert AdamsPro Member
    OP
    Member since 2023 · 10 posts · 1 vote
    3y
    Quote from @Bob S.:

    wait you are telling us you/we can be all in 200kish with an ARV of 280k? If those are accurate numbers, we would be interested as would anyone else LOL .PLEASE make sure your numbers are correct as that's the only thing that matters.

    Send me an address so I can run the numbers as well

    Thank you

    SEE much more efficient right :) 

    Agreed :) 

    thanks!

    just sent message with property address 
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