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  • July 7, 2011 at 4:57 PM #709324
    ucodegen
    Participant

    [quote=flu]Translation: I need money to buy real estate and want you to do all the dirty work so I can live in my entitlement world of not doing anything and reaping all the benefits….

    Man, no wonder this country is going to hell.[/quote]
    Hey, its Casey Serin II!!

    Seriously to the OP:

  • Funding such a purchase is difficult.
  • Expect to have at a minimum, 20% of total purchase costs for multi-family dwelling – est cost of approx 200k/unit. Costs vary per location from 120K to 360K (excluding some outliers). This means for a 5 unit, expect $1Mil min (20% = 200K), with 50% partnership – you better have $100K minimum to bring to the table.
  • Background in sales will not cut it for RE investing.
  • Expecting to be the ‘person in charge‘ when not fronting money or experience, other than ‘sales’ is being completely delusional. If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?
July 7, 2011 at 5:06 PM #708119
sdsurfer
Participant

By no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.

Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.

No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.

You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.

Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!

Good luck!

July 7, 2011 at 5:06 PM #708215
sdsurfer
Participant

By no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.

Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.

No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.

You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.

Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!

Good luck!

July 7, 2011 at 5:06 PM #708814
sdsurfer
Participant

By no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.

Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.

No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.

You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.

Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!

Good luck!

July 7, 2011 at 5:06 PM #708966
sdsurfer
Participant

By no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.

Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.

No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.

You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.

Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!

Good luck!

July 7, 2011 at 5:06 PM #709329
sdsurfer
Participant

By no means am I an expert, but I would think that if you are as motivated you can do it. I know plenty of people that have.

Start going to the local investment clubs or wherever and meeting people that have the money. Then learn about a particular market that they seem to be interested in. Bring them a deal that they did not know about and they will fund the deal if the numbers work and it is in fact a good deal.

No they arent going to show you how to do it. No it’s not going to be easy, but you if your as motivated and smart as you say you are I don’t see why you would’nt be able to pull it off. The astute investor was once a struggling salesman or employee at some point.

You do not have the money now, but you can bring value to the table. If you work hard AND smart you will be able to, but it will not be easy and I’m thinking you probably know that.

Also, if you are as driven as you mention above I’m sure you don’t care what everyone else said above. Get out there and do it and prove them all wrong!

Good luck!

July 7, 2011 at 6:03 PM #708144
briansd1
Guest

[quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. 😉

July 7, 2011 at 6:03 PM #708240
briansd1
Guest

[quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. 😉

July 7, 2011 at 6:03 PM #708839
briansd1
Guest

[quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. 😉

July 7, 2011 at 6:03 PM #708992
briansd1
Guest

[quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. 😉

July 7, 2011 at 6:03 PM #709354
briansd1
Guest

[quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. 😉

July 7, 2011 at 6:44 PM #708169
ocrenter
Participant

can we please stop feeding the troll. clearly the account was created merely 10 hours ago just to generate this rather generic digital version of those signs we all see on the freeway on-ramp.

July 7, 2011 at 6:44 PM #708265
ocrenter
Participant

can we please stop feeding the troll. clearly the account was created merely 10 hours ago just to generate this rather generic digital version of those signs we all see on the freeway on-ramp.

July 7, 2011 at 6:44 PM #708864
ocrenter
Participant

can we please stop feeding the troll. clearly the account was created merely 10 hours ago just to generate this rather generic digital version of those signs we all see on the freeway on-ramp.

July 7, 2011 at 6:44 PM #709017
ocrenter
Participant

can we please stop feeding the troll. clearly the account was created merely 10 hours ago just to generate this rather generic digital version of those signs we all see on the freeway on-ramp.

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