Where To Find Equity Partners

Comments(9)

• 
  joefm2619th March, 2009

  What is your part in the deal?What experience do you have? Do you have details on the deal? If you are asking someone that has no experience but the cash or credit to get your deal done to work with someone and take that kind of risk for someone with little or no experience is going to be a tough sell

• 
  cjmazur7th April, 2009

  This is the million $$ question.
  
  Networking w/ high net worth people has been the best luck for me.
  
  I have been introduced to some private equity funds as well.

• 
  DallasREpro7th April, 2009

  Try a commercial hard money lender. They also have contacts.

• 
  lasvegasinvestortraining9th April, 2009

  I am in a similar situation. I am looking for someone to do a limited partnership on a multi-family. The deal would be structured to pay them 8%-10% on their money and 60% of any after expense cashflow. I would provide the financing for the deal with my credit.
  
  Does this seem like a fair deal? Or am I asking to much?

• 
  jstrishak0079th April, 2009

  Find a good deal first. If you got the network, finding a good deal should be your main concern. Money is attracted to good deals. If the operator is less experienced, he/she must make up for it with the quality of the deal (increased return/less risk, etc.). Also, consider partnering with an experienced operator for your first deal or two.
  
  Best,
  jon.
  
  Contact Info deleted.
  
  John (LV)
  TCI Moderator[ Edited by jfmlv1950 on Date 04/09/2009 ]

• 
  joel21st January, 2009

  http://www.propbot.com/Comparable-index.html
  
  Choose Residential For Rent.
  
  Also start with just the bedrooms and the zipcode. Then expand/constrain your results by adding/taking away criteria.
  
  HTH

• 
  d_random22nd January, 2009

  http://www.zilpy.com
  also try craigslist if it is in your area.[ Edited by d_random on Date 01/22/2009 ]

• 
  jstrishak0079th April, 2009

  www.rentometer.com

• 
  cjmazur14th May, 2009

  It depends.
  
  If you dealing w/ a complicated issue like water right, and if the lot is buildable or not, I go them involved sooner.
  
  On a generic purchase of a 6.5M REO, I did get them involved until much later when I need their help getting an intro to the bank. The bank was a firm client.
  
  Some attys will want to be involved from day one, other defer it to "Chet, ASK when you need help, and I go off on my own.