real estate partnerships

Want to double your real estate portfolio and bring in much more cash flow? What about using some of your untapped home equity to invest? Today, we’re showing you how to do just that on this episode of Seeing Greene, where we get into real estate partnerships, paying off rental properties, using home equity to invest, and the not-so-secret repeatable thirteen-percent return real estate investment.  Green means go, so we’re flooring it in this episode as David Greene and expert guest James Dainard bring some high-level investing tactics you can use to build wealth even faster. First, we get a question from Real Estate Rookie guest Matt Marcelissen, wondering how he can double his real estate portfolio by harnessing the power of partnerships. David and James give some rare advice on why you SHOULDN’T split things 50/50. Next, an investor wants to know if his low ROE (return on equity) rental is worth paying off. Then, what to do when you have home equity but can’t sell the house? And finally, James’ thirteen-percent return investment he’s using to pay for his kids’ college!  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!  In This Episode We Cover: How to double your cash flow by using real estate partnerships the RIGHT way  Why splitting returns on your partnership 50/50 is NOT the way to go  Whether or not to pay off a rental property to boost your cash flow How to invest with home equity when you can’t sell a property  Why David looks for this type of housing market “potential” when buying properties Hard money investments that can make you double-digit returns  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Hear James On The “On the Market” Podcast Past Episodes Mentioned on Today’s Show: Dion Mcneeley (Real Estate) Dion McNeeley (Rookie) Matt Marcelissen Seeing Greene 897 Connect with Matt Matt's BiggerPockets Profile Matt's Instagram Connect with James James' BiggerPockets Profile James' Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-912 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nate Shields and Troy Zimmerman had a straightforward goal: get to one hundred rental units in ten years. Now, near the halfway mark, Nate and Troy have made almost unbelievable progress in a real estate market most investors perceive as radioactive. With overpriced properties everywhere you look, out-of-whack cash flow, and high mortgage rates, will good deals ever come back? Thankfully for Nate and Troy, finding a deal was never the assignment; making a deal was. After going through difficult partnerships in the past, Nate and Troy were hesitant to hop in the game together. But after years of getting to know each other’s strengths and weaknesses, it was only natural for them to tackle big deals together instead of small deals apart. Now, with forty rental units under their belt, they’re well on their way to hitting their hundred-unit goal. But this wouldn’t have worked out if they hadn’t made one special phone call. In this episode, Nate and Troy will review their most recent acquisition, a fourteen-unit apartment complex with tricky financing in northwest Alabama. They’ll also share how calling one desperate listing agent unlocked a deal flow that brought dozens of units directly to them. If you’re struggling to invest in today’s demanding market and don’t think there are any deals worth the effort, this episode could change everything for you. In This Episode We Cover: The “desperate” real estate deals that NOBODY is looking at (and where to find them) Real estate partnerships and why investing together beats going at it alone  Exit strategies and the BIG mistake most partnerships make when getting started  Why you might be just one phone call away from the best real estate deal of your life Seller financing and how to use it to lower your loan costs and get a tricky deal done Raising private capital and who you should (and shouldn’t) accept money from  And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Are You an Agent? Work with Nate to Get More Leads! Partnerships: What to Do Before You Jump in With Another Investor Connect with Nate & Troy: Nate's BiggerPockets Profile Nate's Instagram Troy's BiggerPockets Profile Troy's Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-791 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Knowing how to find real estate deals can be challenging for new and experienced investors. For those who want to build bigger portfolios beyond just buying single-family rental properties, finding multifamily, development, or perfect medium-term rental deals can be a struggle. You have to be in the know and have a network full of agents, brokers, lenders, and other investors who can throw deals your way, so you don’t have to dig through the scraps that bigger investors (or investment firms) have left behind. This is a struggle that all three of our ninety-day mentees have faced since we spoke to them last. We’ll be getting updates on all their situations in today’s episode as David and Rob work to get them to their next investments as soon as possible. First, we talk to Philip, who’s still struggling to find adequate land for his future resort. He’s successfully made one offer but has yet to receive a counter. Next, Wendy wants out of turnkey rentals and is looking into more cash-flow heavy real estate investments like medium-term rentals that can provide her the retirement she dreams of. Lastly, we talk to Danny, who’s struggling to connect the dots that will lead to his next property. As an introvert, finding contractors in the field has become challenging, although he has started to reach out to other investors he knows in his area. A common thread in this episode is that ALL our mentees are finding a pain point stopping them from reaching their next property. Of course, what they do next is entirely up to them, but you’ll hear case-by-case advice from David and Rob, which could also help you on your next deal! So if you’ve hit a roadblock on your path to real estate wealth, don’t give up—tune in! In This Episode We Cover: Purchasing raw land and the pros and cons of trying to buy what is worth developing  Private money lending and raising private capital as a way to make more income on the side  How to increase your real estate deal flow and get more properties (or parcels) sent to you The high-cash flow world of medium-term rental investing and why it may be worth converting your units  How to find contractors, real estate agents, and other team members for your next investment  Networking 101 and what introverts can do to build a list of other investors who can help them along their way  And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Hear the First 90-Day Mentee Episode Jesse's Instagram Book Mentioned in this Episode 30-Day Stay by Zeona McIntyre & Sarah Weaver Connect with Danny, Philip, & Wendy: Danny's BiggerPockets Profile Philip's BiggerPockets Profile Wendy's BiggerPockets Profile Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-719 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s understandable why so many real estate investors don’t want to partner up. I mean, who wants to split half of a rent check with someone else? This can seem especially true when you’re just starting and every cent of profit counts. But, what if the path to financial freedom was through partnerships? What if you could grow your wealth, spend less time working, and scale far faster simply by leveraging your relationships. With us are the hosts of the new InvestHER podcast, Liz Faircloth and Andresa Guidelli, two real estate veterans who partnered up to teach women about financial freedom, cash flow, and everything related to real estate. Liz and Andresa are both partners in real estate and partners in leading the InvestHER community, so they know a thing or two about what makes partnerships work and what doesn’t. We talk about questions to ask potential partners, how to test out a partnership by doing a project together, formalizing a partnership with binding contracts, how to stop resentment in partnerships, and how to end partnerships that go bad. If you’re looking to scale your real estate portfolio to new heights, you’ll definitely be using partnerships to do so. Tune in to make sure you and your partner stay protected! In This Episode We Cover: Why it’s so hard to scale in real estate without partnerships  The top questions to ask a potential partner  Testing out your partnership by doing a small deal together Making deposits into the “emotional bank account” of a partnership Finalizing your partnership agreement with an attorney Keeping information flowing on both sides Preventing (and ending) bad partnerships The new InvestHER podcast! And SO much more! Links from the Show BiggerPockets Forums OpenDoor Capital Real Estate Rookie Podcast BiggerPockets Business Podcast BiggerPockets Money Podcast BiggerPockets Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth BiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz Faircloth BiggerPockets Podcast 314: How to Find Rockstar Contractors and Manage Like a Boss with Andresa Guidelli Matt Faircloth's BiggerPockets Profile Ryan Murdock's BiggerPockets Profile Mindy Jensen's BiggerPockets Profile BiggerPockets Podcast 425: Focusing On Your $10,000/Hour Tasks (And How to Outsource the Rest!) with Benjamin Hardy BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan Check the full show notes here: https://www.biggerpockets.com/show486 Learn more about your ad choices. Visit megaphone.fm/adchoices

We all reach a point of complacency. We tell ourselves that we’ve done enough, it’s too hard to go further, or we don’t have enough experience, money, or time to accomplish the goals that seem impossible. Brandon Turner, host of the BiggerPockets podcast, was feeling this way too, sitting on a decade worth of real estate, with enough passive income to live his life how he saw fit. It wasn’t until Brandon started surrounding himself with people who did much more than him that he realized he wasn’t hitting his true potential. Now, leading the real estate syndication Open Door Capital, Brandon has more than 10x-ed his rental portfolio, built a life he loves in Maui, and worked with some of his heroes. This wasn’t by accident, it also wasn’t dropped into his lap. Brandon spent serious time thinking about his “vivid vision” of the future, what he wanted out of life, and who would help him get there. He’s had ups and downs, with some of his favorite employees leaving, partnerships falling through, and deals being lost. All of these proved to be valuable lessons in his ongoing work to create a mobile home empire and become the best of the best at what he, and his team, does. In This Episode We Cover: The 10 lessons Brandon learned starting Open Door Capital Why it’s crucial to have a goal for your life and shoot towards it Understanding when you’ve become complacent and finding inspiration Giving up more to work with partners who will bring you far, far greater returns Working for your employees and doing anything you can for their success How coaching allowed Brandon to open up his mind to huge possibilities Using a “Hunger Games” style recruiting technique when finding new talent And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Membership BiggerPockets Book Store Open Door Capital BiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason Drees BiggerPockets Podcast 369: Escaping the Day-to-Day Grind to Work on Your Business with Jefferson Lilly BiggerPockets Podcast 246: Surviving the Coming Crash, Earning 20% Returns, and Buying Mobile Home Parks with Kevin Bupp BiggerPockets Podcast 447: Create Your Dream Life in 3-5 Years Using Vivid Visions with Cameron Herold BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray Pre-order Multifamily Millionaire by Brandon Turner and Brian Murray https://www.biggerpockets.com/show479 Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s episode of the BiggerPockets Podcast, we are going to dive into some really fascinating new ways to finance your real estate investing while talking with residential investor Dawn Anastasi. Dawn is an active investor in the Milwaukee area who, while working a full time job, has collected a number of rental properties with amazing cash flow each month. Dawn shares with us her strategy for buying low priced houses (with unique financing in place,) fixing them up, and leasing them out to great tenants. This show definitely has a lot of great tips, ideas, and strategies for both new investors and seasoned pros. Read the transcript to episode 29 with Dawn Anastasi here. In This Show, We Cover Working with Family and Friends Investing in Real Estate from a Woman’s Perspective Dealing with Difficult Contractors How to Find Houses for Between $20,000 – $30,000 Financing Real Estate Through Peer-to-Peer Funding Buying Long Distance Properties Why Single Family Rentals Rock Finding Partners on BiggerPockets Links from the Show Lending Club (BiggerPockets Partner Link) Prosper (BiggerPockets Partner Link) How to Buy a Small Multifamily: A Step by Step Case Study Brandon’s Twitter, Josh’s Twitter, BiggerPockets’ Twitter Tenant Screening: The Ultimate Guide The BiggerPockets MarketPlace Rich Dad Poor Dad Audio Book on Youtube How to Analyze a Fix and Flip: A Step by Step Case Study The BiggerPockets Fix and Flip Analysis and Reporting Tool Books Mentioned in the Show The Section 8 Bible Rich Dad Poor Dad Tweetable Topics You need to be comfortable with whatever investing strategy you choose. (Tweet This!) A deal is a deal, whether it’s a single family home or duplex. Go where the deal is. (Tweet This!) Know your real estate market: the niches, and the neighborhoods. (Tweet This!) The Bigger Pockets Marketplace is eHarmony for Real Estate Investors! Have You Found Your Match? (Tweet This!) Connect with Dawn Dawn’s BiggerPockets Profile Dawn’s Website www.coreprop.biz/ Learn more about your ad choices. Visit megaphone.fm/adchoices