Real Estate Investor · Hernando, FL · Member since 2013 · 11 posts · 0 votes
Looking for someone to partner with in or around Ocala, Florida. I live in Beverly Hills, Florida. I have some experience in rehabbing. Have done 2 houses in Columbus, Ohio. Moved to Florida 7 yrs. ago to help out aging parents. Owned a home repair business in Ohio for 10 yrs. Know how to do plumbing, carpentry, tile work, electrical house wiring, drywall hanging and finishing, wood flooring, painting and anything else that needs done in a house to make it pretty. I have a lot of experience. I feel that I have a lot to bring to the table. Looking for someone who has money but may need my talents. If interested please contact me. Looking forward to meeting you.
Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
12y
Hey Ted,
Just a quick piece of advice to likely get some better response here...
Based on what you've written above, it sounds like the bulk of what you bring to the deal is just being a contractor. While that may or may not be the case, a partner is going to want something more, so you need to make it clear what you bring besides stuff that can be hired out.
For example, are you good at finding properties? My guess is that if you had a great property under contract, you'd have no problem finding a partner -- bringing a great deal is very valuable and not something that is easily hired out. Those are the types of things an investor will be looking for from a partner.
Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
12y
Hey Ted,
Just a quick piece of advice to likely get some better response here...
Based on what you've written above, it sounds like the bulk of what you bring to the deal is just being a contractor. While that may or may not be the case, a partner is going to want something more, so you need to make it clear what you bring besides stuff that can be hired out.
For example, are you good at finding properties? My guess is that if you had a great property under contract, you'd have no problem finding a partner -- bringing a great deal is very valuable and not something that is easily hired out. Those are the types of things an investor will be looking for from a partner.
Real Estate Investor · Hernando, FL · Member since 2013 · 11 posts · 0 votes
12y
J. Scott,
Thank you for the input. Your right about sounding like a contractor, but what else I bring is my know how on what needs to be done and in what order. Estimating repairs, finding good deals. I'm looking for someone with money who wants to get into Real Estate investing. I can teach them what I know in exchange for using there money. In the mean time we can make money together.
Is there another way I should go at this to find a partner? Any help would be greatly appreciated. Thanks
Is there another way I should go at this to find a partner? Any help would be greatly appreciated. Thanks
If you have the ability to find great deals (I *think* you implied that you do), my recommendation would be to find a deal first, and then try to find a partner.
As I've said before, if someone came to me with a great deal locked up, but didn't have the money, I'd happily partner with them to get the deal done. For many investors (like myself), deal flow is a much bigger issue than money, and we're happy to pay (and partner) to have others find the deals.
Thank you for the input. Your right about sounding like a contractor, but what else I bring is my know how on what needs to be done and in what order. Estimating repairs, finding good deals. I'm looking for someone with money who wants to get into Real Estate investing. I can teach them what I know in exchange for using there money. In the mean time we can make money together.
Is there another way I should go at this to find a partner? Any help would be greatly appreciated. Thanks
Ted,
Everything you say is what I would expect from any good contractor except finding good deals. I have a contractor that brings me deals every now and then, but he just expects the work in return and not any other profit. These are buy and hold deals though.
But if a contractor brought me a flip deal that I couldn't find on my own and there is good money to be made, then I will be more than happy to partner up with the contractor.
You have to ask yourself where are you adding value? To me, a huge value add would be a constant flow of deals. If you can do that for an investor, you will not have trouble finding money for the deal.
You're welcome. If you have a deal, you very well might find a partner here on BP. I have found some people that I might partner up with here on BP or through BP Chicago meet-up.
Best wishes for you future success. Please keep us updated on your progress.