All Forum Posts by: Kyle Sutton

Thanks @Justin Thompson that's very helpful.  I can see how holding property with other individuals could lead to some real complications down the road.  Perhaps the flip route is safer with regards to not having those long term, marriage commitments.  

I think you answered what was really my main question regards how things get split.  Basically, everyone gets their initial investment back and then the split starts (probably 50/50 depending on the workload and the value brought to the table. 

I'm curious about the various ways investors here have structured their partnerships.  How did you split the workload?  How much did you contribute to the deal?  How much do you get out of the deal?  Did you flip or hold?  Do you work with the same person on multiple deals or was it a one time thing?  Did anything work especially well or poorly in the structuring?  

I'd love to see the wide variety of ways you all have found to make things work.  Thanks

Thanks to all of you.  I really value the community here.  

I look forward to continuing to have the opportunity to learn and start the process. 

Hello - 

I've been reading the blogs and listening to the podcast now for a couple of months and recognize that it is about time I introduced myself.  I have to say it has been fun to start getting excited about something.  I have no experience yet and I'm really just in the education/working up the courage phase (I guess its where we all start unless we happen into things by accident).  

My plan for the next month or two is to dive in to some books, get out to some REI meetings (and start the in-person networking) and figure out the best route for working on a real estate license. As much as I'd like to jump in with both feet (and would if I didn't have other people in my life I am responsible for) I feel like the slowly ramp up the investing and/or work as an agent over the next couple of years while continuing to work a regular salaried job is probably the route I should take.

Once I've read more and gotten to know some people I expect I'll have plenty of more questions to ask, but my current project is reaching out to various brokerages in the area to see what connecting to them as an investor/very part-time worker would look like.  Any advise on questions I should ask or specific things I should be looking for?

Looking forward to learning more and contributing as I am able.  Thanks in advance, 

Kyle