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931: How to Build a Real Estate Portfolio from Scratch in 2024

BiggerPockets Real Estate Podcast

CHAPTER

Building Experience and Confidence in Real Estate Investing

The chapter explores a strategy of attracting a funding partner for real estate investments by building experience and confidence. It outlines a partnership structure where one party funds the property while the other handles finding, running, and managing it, proposing a unique 50/50 equity and cash flow split. The importance of fair collaboration, learning from mistakes, and offering attractive terms to partners, especially novice investors, is emphasized.

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