How to add value and learn from other investors

Question

Hi there,

I'm looking to start fix and flipping houses in the San Diego area. I'm currently in the process of building out my team (GC's, hard money lenders, agents, title reps, etc.) and am actively analyzing deals to pull the trigger on. As a new investor in the fix and flip space I really want to learn from others doing the same thing. I'm currently going to meetups and have reached out to multiple investors and met up for coffee and lunch. My question is what are some of the best ways to provide value to experienced investors in exchange for getting exposed to the flip process and their expertise? Appreciate any insights!

Bo Tully · Answer

Makes sense. Experience will be the best education. Totally agree.

Peter Mckernan · Answer

The single best way to get the value to the people that are flipping are by bringing deals to them and doing the deal with that investor. They will be grateful, you can learn a lot and also make some money at the same time.

James McGovern · Answer

Sometimes people burn time waiting for the perfect deal when they should just get started with any reasonable opportunity to gain experience

Kerlous Tadres · Answer

You can find off-market deals or bring solid leads; that’ll get any investor’s attention fast.

Richard Betz · Answer

Hi Bo:  I too am in San Diego.  I am a GC who does repairs for others and flips and BRRR for myself.  The problem in San Diego is finding deals.  There is so much competition here and prices are crazy.  I get jealous reading about folks in the midwest still buying homes for $100K or less.  You can't find a studio condo in a bad part of town for that kind of money here.

So make sure you are buying at a good price to start with.  Heavy fixers are smart.  It helps if you are doing some of the work too.  My team used to rehab FNMA and bank foreclosures all over the county.  So through my connections I know dozens of agents and brokers.  I scooped up some amazing deals back in the day.  But nowadays it sure isn't easy.  All those companies advertising on TV with cash offers are hard to compete with.    Get your name out there with a few young hungry agents and you should find some deals.  Having your financing ready is key because these big players pay cash in days.

Feel free to message me if you need help with rehabs or questions.

Scott Chilton · Answer

Bo, that’s a great approach and you’re already doing the right things by networking early. One of the best ways to bring value to seasoned flippers is to help them save time or find deals. You can offer to help with deal analysis, drive for dollars, or manage simple project tasks in exchange for shadowing their process. Many investors are open to sharing knowledge if they see genuine effort and reliability. This kind of hands-on involvement gives you real experience while building relationships that can open doors to future partnerships or private funding opportunities.

Bo Tully · Answer

Appreciate the response. I will definitely be reaching out to investors and offering any and all of these service to hopefully start building the relationships.

How to add value and learn from other investors

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