May 10, 2018
Friends become partners; finding the right partner is critical
to your success when buying apartments.
If you have a full time job and life commitments, but still want to own apartments… you may need to find a complementary operating partner. Today we chat with Kristalee Thomas and Larry Troy.
Kristalee and Larry are great partners and friends. Kristalee and her husband David have full time jobs and are parents of infant twin boys. As you can imagine, they are very busy. After making several passive investments in other investor’s transactions, it was time for Kristalee and David to step up and purchase their own deal.
Larry is semi-retired. After 30 years in the communications industry, Larry wanted to pursue real estate investing. He also invested passively in several apartments; and now was ready to lead his own deal. Also, he had the time to be an operating partner. ‘Time’ was something that Kristalee and David didn’t have. These friends teamed-up and purchased a large property together.
To contact Larry or Kristalee: firstname.lastname@example.org
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