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All Forum Posts by: Samuel Eddinger

Samuel Eddinger has started 7 posts and replied 581 times.

Post: Partnership structure advice

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453
Quote from @Jose Quinones:

 I'm not sure why but I don't see it in my inbox.  Maybe try again?

@Cameron Marro - I would work to get her out, move in to the bad unit and rent out the good unit.  I would then work to renovate the bad unit as quickly as possible.  Then you can choose to get a roommate to make extra money.  Whenever possible, try to figure it out without taking on debt.

Post: Partnership structure advice

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

@Jose Quinones - experienced CT investor here.  I've been working on expanding my partnerships throughout CT this past year.  For the first 10 years, I never once used a partner.  I changed my tune since I know what I like to do and what I don't like to do and found a person that complimented me well.  

For me all partnerships have to have three things for me to want to even consider them:

1: I have to legitimately like the person I partnered with.  If you cannot trust the person or they cannot trust you, it will 100% end badly.

2: I have to be aligned in what the goals are for the partnership.  Is it buy and hold?  Is it flip?  Do we need the money to live or does it sit their to reinvest?  What is the thoughts on reserves?  

3: I have to like what they do not like to do and they need to like what I do not want to do.  You need to be clear where each partnership starts and stops and make sure each person knows they are responsible for.

I hope this helps.  DM me if you want to discuss more.

Post: New to real estate and looking to learn and make connections

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

@Taylor G. - I'm a CT based investor myself.  I'd be happy to connect.  DM me if interested.

Post: 21 and want to get into the community

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

Welcome @Tomas Falcon.  I'm an investor and property management company owner in central CT.  I'd recommend joining local meetups.  There are a bunch of great investors who are more than happy to share and network (including myself).  If interested in having a phone call, DM me.

@Taylor G. - welcome.  I'm a real estate investor in CT.  I'm happy to connect.  DM me if you would like to connect.  I have some ideas on ways to go with this.

Post: New Member Intro

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

@Cameron Marro - welcome.  I'm also a CT based investor.  Happy to network.  If interested, DM me.

Post: New to investing

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

@Denny Colon - welcome.  I'm an investor and property manager company owner.  I'd be happy to network.  If you are interested, DM me.

Post: Totally new to this

Samuel EddingerPosted
  • Meriden, CT
  • Posts 605
  • Votes 453

@Christina Pisacone - I'm a CT based investor.  I'd be happy to have a conversation.  If interested, DM me.