EP 365: Lessons Learned From My First Private Money Partner
Apr 19, 2023Welcome, ladies! In this minisode of the Real Estate InvestHER Show, Liz and Andresa discuss private money partners and the lessons Liz learned from her first experience. Liz and her husband needed funding for their real estate projects and found an active partner willing to invest $50k in two single-family homes. Liz shares three valuable lessons: the importance of building relationships, sharing your goals, and focusing on building strong relationships one step at a time. Our co-hosts dive deeper into each lesson, offering insights on how to apply them in your search for private money partners. They emphasize the importance of building trust and respect and show how to share the benefits of working together.
Whether you're just starting out or have been in the game for years, there's something here for everyone. So, tune in, ladies, for an engaging and informative conversation on private money partners and how to find them.
Quotes
· "Success is all about replicating what's working." (03:49 – 03:52)
· "Wherever you travel, cultivate relationships within your network. New or existing would be the key.” (04:40 - 04:44)
· "Start small and focus on getting the proof of concept. Don't aim for a home run or a big deal right away. Create something tangible to talk about when connecting with others." (08:50 - 09:03)
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