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123 | The 4 Big Buckets of Wealth Management

The Obvious Choice

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Real Estate Investing with a Joint Venture Partner

In this chapter, they discuss a joint venture partnership in real estate investing. One person provides the labor and finds the properties, while the other person owns a management company and deals with the leasing and other issues. They talk about how they found their partner through networking and listening to podcasts. The partner has multiple properties that they can move tenants around in, and they have connections with organizations in the area that help with finding tenants. They split the profits 50/50 after the initial investment is paid back.

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