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Updated about 6 years ago on . Most recent reply

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Stephanie Pieri
  • Kalamazoo, MI
10
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38
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How does everyone find partners for deals?

Stephanie Pieri
  • Kalamazoo, MI
Posted

Hello everyone! So as the question states above, How does everyone find partners for their deals? Im finding deals but not the partners and go!

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

What type of partners are you looking for? Contractors, realtors, $ etc.

One thing I always caution people on who look for money on deals is it is illegal to solicit funds from others in a public forum. People think they can just post a deal and ask people to fund the deal. While only a small percentage of people get caught doing it, it is still illegal. You must have a fund setup like a 506(c) where you can openly solicit and can only accept accredited investors. Not to sound gloom and doom but if the SEC every did a sneak peak at bigger pockets they could reduce our deficit significantly with the number of people who would be fined for this type of activity.

  • Chris Seveney
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7e investments
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16 Reviews

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