I just finished the home study course. It was probably the most realistic and informative real estate course I have ever taken. Very honest without all the hype.
I read in their where Frank/Dave (can’t remember which) bought into partial ownership of a park with I believe it was $10,000. While I am ready to jump into park ownership mentally, financially, not yet there.
Are any of you seasoned owners open to such an arrangement of having a silent investor with a minimal investment such as the one above for a silent partnership deal? Now of course, In the example, above, they received 25% ownership but brought expertise to the table. I am not looking for that, but a reasonable percentage and the hopes of seeing that return as quickly as possible to then move forward with that gain and into the park business as an owner.
Financially, I have, or rather my finance and I have 10K to invest. That will not get us into a decent park, I have looked. We would rather take that 10K and invest with a park owner and see much better returns on the investment than having it sit somewhere collecting dust basically.
Any advice/help for our situation would be greatly appreciated.