150+ Real Estate Properties in 5 Years: Joint Ventures

How joint ventures brought me from 0 to 1 and is now taking me from 1 to 100+

The most common myths about real estate investing are that 1) you need a lot of money and 2) you need to know everything before you can start investing. There’s no shame in believing that because I too, was in that boat 5 years ago. I was a poor college new grad living who couldn’t even afford to buy a shack in the multi-million California market. I heard about out-of-state investing but didn’t feel confident about how to actually buy anything outside of California, even after hundreds of hours of lurking on BiggerPockets.

I had my breakthrough moment when I met a few experienced investors willing to partner with me on my first deal in Atlanta. Not only did I get to split the down-payment with them, but I also got to learn the ropes of how out-of-state investing works through their mentorship. My partners jump-started my portfolio from 0 to 1, and fast forward to now at 150+ units, forming joint ventures is now my way to scale.

Even as someone with experience now, real estate is still always a capital-intensive business where I’ll be financially tapped out to keep growing. Forming partnerships has allowed me to leverage “Other People’s Money” (OPM) to fast-track my portfolio. On top of that, I get to bring on other investors to my team who have different superpowers and complementary skill sets as me. For example, my superpower that I bring to the table is underwriting and deal analysis - I love to look for different partners who can be deal finders, asset managers, and marketers. This has allowed me to take on larger multifamily deals, and also get involved in new strategies to diversify my portfolio.

All of this inspired us to build Fractional, a community for real estate investors who want to partner with each other to do deals. We provide legal services to set up your JV structure, banking services to run your partnership, and back-office services for taxes, bookkeeping, and compliance. If you’re interested in teaming up with other real estate investors, join the REIA Community on Fractional - we’ll see you there!