5 Lessons I learned Partnering in Real Estate
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- Опубликовано: 26 июн 2024
- There are many pitfalls in real estate regarding partnerships. Most new investors default to trying it since it is scary to go into real estate alone. However going in with a partner can have a few consequences. In this video I go into the details of why you should reconsider
For Mentorship, go to devinmorenoinvesting.com or email me at:
devinmorenoinvesting@gmail.com
#jointventure #realestate #Investing
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Hi Devin. I’ve been watching you for some time. Good info. I’m a realtor in Maryland, Baltimore area. Had my license for 15 years, hopefully will have my broker license by year end. I want to get into sec 8 housing for vets.
That is the VASH program. Reach out to the local VA office in Baltimore. There are a number of programs that will assist you in getting started.
Partenerships are difficult because often times you have no idea how your partenr will react during adverse times.
Very true. Even your partner doesn't know yet since you both haven't had them yet
Hi Devin, I am new investor both to Baltimore and real estate in general. I just bought a vacant property in Baltimore in cash but I need sometime before I can come up with a money to renovate it. How long can I hold on to the vacant property without making any kind of work? I am binge watching your vids and I want to Thank you for educating us newbies.
Unfortunately you won't be able to hold it long before the city starts fining you $900. They are cracking down on investors doing exactly what you are doing. If the house has been declared vacant, then I would find a hard money lender for the renovations
Are you open for partnership?
I'm certainly open to temporary joint ventures on a deal. Feel free to reach out on my email: devinmorenoinvesting@gmail.com
Sent you a deal on the 6th of December
Resent it today as well
Waiting for your reply
Please check your email
Thanks
1st
LOL just kidding