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  1. #1
    CalKevin is offline Junior Member
    Join Date
    Oct 2010
    Posts
    2

    I am looking for a partner to start a real estate empire from scratch

    I have a day job and I don't plan on quitting it. But, I wanted to find another business
    savy individual who would be interested in going in on foreclosed properties with me.
    I am not interested in buying and flipping. I am interested in buying and holding
    and rolling over the rental profits into more properties. Check out bid4assets.
    Many of the homes on there are in need of repair, but it goes to show that you could
    get in at a low cost and start renting out the properties... (if you picked the ones that need
    the least repair.) You would start with some low-income housing and slowly build until your residual income is enough to buy middle-income housing and rent those out, etc. I know it can be done!
    ...But you would have to be willing to forgo income for a while to build the portfolio. Send me an email if you are interested. Thx.

  2. #2
    CalKevin is offline Junior Member
    Join Date
    Oct 2010
    Posts
    2

    More info

    email is kahunakevin at yahoo
    Just thought I would add that I have an International Business Degree.
    2 investment properties. And working on the Master's Degree.
    So-- I do have some background and ideas on how to make this work.

  3. #3
    akula's Avatar
    akula is offline Moderator
    Join Date
    Sep 2005
    Location
    Sydney, Australia
    Posts
    5,778
    yay the buyers are coming out!!
    tell me if you need research to help you identify the best markets
    i managing a real estate business and we subscribe to databases like https://www.altosresearch.com/
    our site is http://www.homeequityguard.com/
    there's stats on their too..and you can subscribe to reports about different real estate markets (which i recommend)
    Last edited by akula; 10-07-2010 at 10:20 PM.

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