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Unlock the secret of Seller Financing: Getting Started in Real Estate!

Ken McElroy Show

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Partnerships - What Are Some Lessons Learned?

I wouldn't just jump into a partnership. I would start with profitability first and then look at, okay, what do you need them for? But if you can't do a deal without a partner, I wouldn't let that be the reason you don't do it because I think even if you lost it, you would learn more from the real estate. Just don't lose the money. If you're raising money, never lose and pester money. The money needs an operating partner more than an operating partner needs money. It's actually the opposite. They are hard to find people that know people with money are everywhere.

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