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Transitioning to Partnership with Investors
This chapter explores the transition from doing property development alone to partnering with investors, highlighting the benefits of bringing on capital and finding a mentor to raise money properly. It discusses different types of deals, such as joint ventures and syndication, and touches on equity splits, management fees, and development/acquisition fees. The chapter emphasizes the uniqueness of each deal and the struggles faced when seeking information about syndications for short-term rental properties.