Do you really need a real estate partnership for your deals? What are the benefits, and do they outweigh the risks? Well, it depends. The truth is that, while great partnerships will deliver value to both sides, bad partnerships will turn belly-up in no time.
Welcome a very special edition of the Real Estate Rookie podcast, where our hosts, Tony and Ashley, talk about their latest book, Real Estate Partnerships. There are several reasons why a rookie investor might benefit from having a partner. Maybe they lack the capital for a particular deal, or maybe there are knowledge gaps where the expertise of a more seasoned investor might prove helpful.
If you’ve wondered whether forming a partnership is the right move for you, you’re in luck—this episode is all about partnerships! Tune in to learn where to look for a partner, how to structure a partnership, and the differences between equity partnerships and debt partnerships. Our hosts also share the single greatest sign of whether a partnership will succeed.
Remember to grab your copy of Real Estate Partnerships and use code “PARTNER310” at checkout for an exclusive discount!
In This Episode We Cover
Four signs that you NEED a partnership to succeed in real estate
The best places to look for a real estate partner
Choosing a partner with a compatible personality and complementary skill set
How to properly structure your real estate partnership (and splitting the deal!)
Important points you MUST include in your partnership agreement
The main differences between equity partnerships and debt partnerships
And So Much More!
Links from the Show
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Real Estate Rookie Facebook Group
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Submit Your Real Estate Rookie Question!
Hear David and Rob on the “BiggerPockets Real Estate” Podcast
How to Use the DISC Profile to Communicate Effectively in Business
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Rob's BiggerPockets Profile
Rob's Instagram
Book Mentioned in the Show:
Grab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER310” at Checkout
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-310
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