Partnerships are key to success in real estate investing.
If you\u2019ve listened to Gavin talk before, you\u2019ve probably heard him say it a million times. He\u2019s never done a single deal by himself. He always works with a partner. So today, he\u2019s going to tell you all about how to find partners, what to look for in a potential partner, and how to take all this information and use it yourself.
First of all, you need to find someone who is in line with your core business values. What are your goals for the business? Find someone who wants the same things. For Gavin, it\u2019s all about working on the business, not in the business, so you need to find someone who is going to help you accomplish this.
Don\u2019t waste your time trying to partner with someone who is doing 10 deals a month. They aren\u2019t going to have time to work on your deals. At the same time, you don\u2019t want to partner with someone who is completely new to real estate and hasn\u2019t taken a class or read a book. You want to find someone who is trying to grow and expand but has a solid base to start from.
There are a lot of good sources online to find wholesalers to partner with. Facebook groups, meetup.com, and Craigslist can all be a great way to meet a potential partner. Also, if you have good relationships with cash buyers, realtors, and property managers, you can ask them. They not only know wholesalers looking to grow, but they might want to partner up with you themselves.
At the end of the day, it\u2019s all about networking and relationships. To join Gavin and the REI Network, go to REInetwork.com/join.
What's Inside:
\u2014Collaboration is key.
\u2014What to look for in a potential partner.
\u2014Your goals must be aligned.
\u2014Partner with someone on the same level as you.
\u2014Where to find a partner.