- Joined
- Oct 13, 2010
- Messages
- 555
Rep Bank
$645
$645
User Power: 4%
Ok gang I know here in the real estate section people have been in real estate for quite a long time. Me as an 18 year am still young and have lots to learn including real estate. Now forgive me if i sound stupid for my question.
Suppose (person A) has a large sum of money and wants to invest it in real estate but has no knowledge of it what so ever. And this person wants to give the money to (person B) who is in real estate and decide to buy an apartment complex. Now (person A) wants to get monthly income without doing any of the work or maintenance and (person B) agrees to take care of all the issues with the apartment while both getting part of the monthly income as well.
What would this be called? I mean if (person A) had money to hand over to (person B) who would take care of everything while both get monthly income from the people renting their apartments.
Would that be called a pitch?:huh2:
Suppose (person A) has a large sum of money and wants to invest it in real estate but has no knowledge of it what so ever. And this person wants to give the money to (person B) who is in real estate and decide to buy an apartment complex. Now (person A) wants to get monthly income without doing any of the work or maintenance and (person B) agrees to take care of all the issues with the apartment while both getting part of the monthly income as well.
What would this be called? I mean if (person A) had money to hand over to (person B) who would take care of everything while both get monthly income from the people renting their apartments.
Would that be called a pitch?:huh2:
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
