If you want to invest in real estate, but money is holding you back, you might want to consider teaming up with other investors. This can help you gain access to capital, lower your risks, grow your portfolio, and so much more!
On this episode of Investing in Real Estate, you’re going to learn how to buy rental properties with multiple investors, and why it can be a smart move. You’ll hear how to find and vet partners, and what you need to know before entering into a partnership. We’ll walk you through the step-by-step process you need to take in order to ensure a smooth and mutually-beneficial partnership.
On this episode you’ll learn:
- Why investing with partners can be a great opportunity.
- The first thing you need to consider about investing with partners.
- The five main benefits of a real estate partnership.
- And more.
Why Investing with Partners Can Be a Great Opportunity
You probably know by now that real estate investing is the number one way to build financial freedom. But if you don’t quite have the funds you need to get started, you might need a little help to secure a deal. This is where investing with partners can be a great opportunity. The benefits of investing with partners are endless. This can give you access to knowledge and experience, funding, the ability to grow your portfolio, and more. Whatever your missing link is, you can find it by working with partners.
The First Thing You Need to Consider About Investing with Partners
First, you’ll need to determine if you’re looking for an active or passive partner. An active investor takes on the responsibility of being involved in the legwork to make the purchase happen, as well as what it takes to keep the investment profitable and running smoothly. Their hands-on participation applies to all the moving parts that make up a real estate deal. Passive investors take on a more indirect role. They typically provide the capital to make an investment deal happen, making their participation more of a hands-off approach. I encourage you to visit local meetups to find real estate partners.
The Five Main Benefits of a Real Estate Partnership
- Ability to Raise Funds for Rental Real Estate Purchases
- It’s Easier to Get Approved for Financing with Multiple Investors
- Gives You the Ability to Focus on Your Strengths
- Allows You to Grow Your Real Estate Business Knowledge Base Quicker
- Investing with Partners Grants You Access to Helpful Resources
LinkedIn.com/investing ← Get $50 off your first job post!
Simplisafe.com/investing ← Get a free home security camera when you purchase a SimpliSafe system!
What Every Investor Needs to Know About Property Taxes
10 Things You Must Do Before Investing in Real Estate
Subscribe to Investing in Real Estate on Apple Podcasts
Download the free Financial Empowerment Bootcamp
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Ready To Build Passive Income Through Rental Real Estate?
Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.