Karl James Thank you again Karl!
Starting from scratch with a team....
Hello all!! So excited about finding this little Gem.
So....Riddle me this Batvestors....
I want to get a group together and create a RE 'team'. I want us all to contribute funds in order to get a better investment. But, I want us to LEARN in the process. So here are my questions:
What is a good amount of money to start with to get our feet wet. Open to the why's of the amount too. For instance, $25k if we want to wholesale, $50k to acquire a fix and flip and then find an investor to put it the money to flip etc.
Where can I find a mentor. Not just a here's the information do what it says and it will work mentor. But a hands on one. Is WITH us every step of the way. Whether they charge a fee, or want a portion of the profit, I want to make sure that we are not just a bunch of people feeling around in the dark.
Should we wait for the market to flip back around and just get prepared right now? I think investors will be in upswing again in a few months.
Thanks for the help ya'll!!!
SuitedConnector Tal Freibergs last edited by
TaQuia I've been thinking about this as well and just trying to learn about partnering with another dealer, but a group could be much more powerful. There are already coaching plans available but you could also just reach out directly to any seasoned land dealer and ask about mentorship.
Arturo Arturo last edited by retipsterseth
TaQuia are you talking about Land, Residentials, Commercials? From your bullet points, it looks more like a residential/commercial-focused thing...