How to Structure a Partnership Deal

"I am somewhat running out of cash to be able to use on my own," he says. "Trying to figure out how to structure these deals to where it's not necessarily 50-50 in the outcome" The first house Sean partnered with had a GC that he's worked with in the past, which was a horrible experience.

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Some simple DIY investing hacks could save you thousands of dollars. But, as a rookie, the thought of tackling your own home renovation projects might be a little intimidating. Bringing sweat equity to a deal, however, can help you save a ton of money and even make you more valuable in a partnership.

In this episode of the Real Estate Rookie podcast, we’re chatting with Shaun Kelly, whose road to real estate investing was anything but fast or easy. Shaun spent nine years in the analysis paralysis phase before he finally pulled the trigger on his first deal. Since then, he has built a portfolio of nine properties in four years and has refined his DIY skill set to the point where he can perform all types of rehab projects for a fraction of the typical cost.

Whether you’re looking for creative ways to increase profits on your investment properties or bring value other than capital to a partnership, tune in to hear Shaun’s biggest money-saving DIY hacks and his journey, from making simple fixes to performing major home renovations. Ashley and Tony discuss their own experiences with DIY projects and list the jobs they prefer to outsource to a pro!

In This Episode We Cover

DIY hacks that will help you save a FORTUNE on home renovation projects

How to stop overanalyzing and finally land your first real estate deal

How to account for sweat equity when structuring a partnership

The importance of documenting your journey as a new real estate investor

Harnessing the power of YouTube to build your network and create another income stream

And So Much More!

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