Posted by Chuck Perry - TX on October 30, 2000 at 07:42:53:
I am doing everything, but finding people is tricky. However, I am slowing assembling a team. I have an engineer who will do verbal inspects. Also, I just picked up an appraiser last night (played Cashflow with a bunch of realtors).
>The rewards of the passive investor aren’t as good as the active participant. Financially you may be able to do well passively but you don’t get the enjoyment of putting it all to together. When you find that perfect partner do you share?
At this point, all I want to see is volume, a check, and cashflow. If somebody else puts part of it together, great. I don’t mind taking a cut against the gross.
Sharing is the essence of a partnership. The give. But you cannot have a partnership without communication and some common ground. I think the relationship is worth more than the money you split. It makes it all worthwhile. I guess finding the “right” people takes time. I met a ton of realtors this past weekend and a couple of them had leads (12 to be exact). It was a mind expanding experience.