The way to Create the Good Partnership with Tim and Jay

The way to Create the Good Partnership with Tim and Jay

When does one plus one equal WAY greater than two? Actual property partnerships! On this episode of The BiggerPockets Podcast, we sit down with two actual property traders (Jay Helms and Tim Kelly) who had been trying to construct their enterprise alone, however discovered they might do much more collectively. On this enjoyable and fast-paced interview, you’ll be taught what makes their partnership so profitable, in addition to how the staff analyzes a market (together with a number of can’t-miss on-line analysis web sites), and the way they took down a 42-unit house advanced utilizing some fairly improbable inventive financing. Whether or not you propose to construct your empire alone or alongside a accomplice, this episode is certain to present you quite a lot of suggestions and techniques to assist your corporation take off.

Click on right here to hear on iTunes.

Hearken to the Podcast Right here

Watch the Podcast Right here

Assist Us Out!

Assist us attain new listeners on iTunes by leaving us a ranking and evaluation! It takes simply 30 seconds and directions could be discovered right here. Thanks! We actually admire it!

Hearth Spherical Sponsor

We simply wanted to present a shout out to our podcast sponsor on immediately’s present: RealtyShares. RealtyShares is a crowdfunding platform that permits you to put money into professionally managed properties with out leaving your front room!

Study extra by visiting RealtyShares.com/biggerpockets!

In This Episode We Cowl:

  • Tim’s background story and the way he acquired into actual property
  • Utilizing 203ok loans to purchase offers
  • Jay’s background and his live-in flip
  • Why they suppose they make up a good staff
  • How they closed on an house advanced 6-months after partnering up
  • How they discovered the deal and particulars about it
  • The significance of a clear and concise plan
  • How they financed the deal
  • Ideas for locating the proper companions
  • The way to create a “pattern deal package deal”
  • What to search for in a accomplice
  • Why they take part within the BiggerPockets Boards
  • The way to community successfully
  • What a whole lot is for them
  • And SO rather more!

Hyperlinks from the Present

Books Talked about on this Present

Hearth Spherical Questions

Tweetable Subjects:

  • “Is there a greater approach to first become involved in actual property than to leverage the ability of the financial institution?” (Tweet This!)
  • “As soon as you determine your why, then it is possible for you to to set targets to help that why.” (Tweet This!)
  • “It’s extra essential to select one thing than to get caught choosing the proper factor.” (Tweet This!)
  • “I need to dwell the place I need to dwell and make investments the place it is sensible.” (Tweet This!)

Join with Tim

Join with Jay

img

Realt Writer

Related posts

Is Changing into a Actual Property Agent a Good Path to Investing—Or a Expensive Distraction?

Ought to extra aspiring actual property brokers simply begin investing in actual property as an...

Continue reading
by Realt Writer

Tips on how to Monitor Your Web Value All in One Place [A Personal Capital Review]

What's LeBron James’s internet value? I sat there questioning this to myself as he was sadly...

Continue reading
by Realt Writer

Why Skilled Buyers Ought to Contemplate Changing into a Mentor

Whenever you get adequate at your job, you could come to a degree in time when somebody asks you...

Continue reading
by Realt Writer

Join The Discussion