PARTNERING WITH DEVELOPERS. How to learn about the development process and profit at the same time.
Channel: Darren Voros
Date: 2020-05-29

In this video you'll learn how Steve Arneson and Randy Molland where able to wholesale a deal to a developer and negotiate the opportunity to learn alongside the developer as they worked through the project. They then took that knowledge and used it to partner with another developer on a larger scale transaction. This time sharing in the profits.

Canadian real estate investor Darren Voros sits down with Steve Arneson and Randy Molland of The REInvestors to walk through how they were able to partner with two separate developers on two transactions with none of their own money invested in the deals.

Randy walks us through their first development deal where they went to a municipality they were interested in investing in and asked them what THEIR needs were. The municipality shared what they were hoping to achieve with some new zoning changes. Randy and Steve then took that knowledge, went and found a suitable lot, put it under contract and wholesaled the deal to a local developer. There was one caveat. They wanted to learn about the development process so they negotiated an opportunity to be involved in the transaction as observers. After learning the ins and outs of development, Steve and Randy pursued other development opportunities.

Steve walks us through the REInvestors next development project which was another partnership deal with an out of province developer. This time Steve and Randy acting as partners on the deal instead of observers.

Steve and Randy's creativity and willingness to partner and foster relationships has been key in building their real estate portfolio and their investing business and network.

Steve Arneson - steve@thereinvestors.ca
Randy Molland - randy@thereinvestors.ca

DISCLAIMER:
WITH ANY AND ALL INVESTING YOU SHOULD ALWAYS OBTAIN INDEPENDENT LEGAL, TAXATION AND FINANCIAL ADVICE FROM A LICENSED PROFESSIONAL BEFORE INVESTING ANY OF YOUR OWN MONEY.

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Darren Voros

Darren’s diverse skillset has taken him to many stages around the world. He has been featured as an on-air renovation expert on “The Goods” (CBC) and “CityLine” (CityTV). Darren was also the behind the scenes contractor on “Save My Reno” (HGTV) and “Game of Homes (W Network).
Darren is an accomplished real estate investor, trainer and coach. He controls a portfolio of properties worth just over $10,000,000 and has travelled across North America educating, inspiring and motivating audiences on the subject of real estate investing, financial independence and financial literacy. Darren’s willingness to give back prompted him to launch his YouTube channel in 2020 in order to have a wider reach in educating investors.