All Forum Posts by: Curtis Hunter

I am curious about a business idea I have that is nowhere in my are and thought maybe I could pitch it to some investors but I think the best way to go about that would be to make a business plan first. So where would I start to go about that? Should I get a lawyer? Like I have no idea haha

o I'm 25 married with 3 kids and just bought a 250000 house so that's my reason for wanting to make more money

my situation is ok. We both work at the same utility company(PSE&G) but live an hour away from each other. So we both have full time jobs from 7 to 3. I'm 25 years old he is near 40. His wife is who does investing full time. He said they have spent thousands of dollars on learning investing over the years. So I'm looking at it like 20% involves no risk for me but I get to learn while being paid. I just thought 2 years may be too long.

I do think 2 years is way too long. But as fas as the area goes we live an hour apart. I think if we had a falling out I would just go off on my own. he is supplying the marketing the leads everything. So it really isn't a partnership when I'm bringing nothing to the table yet. I think the plan is to learn as much as I can save some money from the wholesales and then go out on my own. I really want to get into flipping my own properties, I'm kind of using wholesaling to get my foot in the door. All this input from you guys is great though.

o I didn't mention that they are giving me the leg work like leads to call and follow up on and go out to do measurements. They are supplying all the work and knowledge basically to get my foot in the door at a price. I just didnt know if 20% was good or not to taught the ropes of the business.

A guy that i work with and his wife have been investing for 4 years now. Wholesaling for the 1st 3 years and flipping for the last year. He seems to be doing well for himself so I have been asking him a lot of questions kind of like a mentor. Anyway long story short he has offered to have his wife teach me all about wholesaling and basically become a wholesaler for them on the deals they want to pursue I guess. The deal is I make 20% of the wholesale while they make 80% plus whatever they make on the flip. But I don't have to risk any of my own money I just have to learn and get some experience until I could do it on my own. The thing is he said something about signing like a 2 year contract before going out on my own. Does this sound like a good deal or way to learn the business ways of wholesaling?