30: How to Structure a Partnership, Part 1 with Felipe & Ashley
Real Estate Rookie
Shownotes Transcript
"I know partnerships can help me build wealth, but how do they *actually *work in practice?" This is one of the most common questions we get... and today Felipe and Ashley outline **6 rules **for partnering on your real estate investments.
From identifying the **missing piece **that's holding you back, to **defining clear lanes **and avoiding **common pitfalls... **this show is a must-listen for any new investor who realizes she can't do it all herself.
Be sure to come back next week for **Part 2 – **where you'll hear the details of real-world partnership case studies, as told by a handful of investors who have made it work!
In This Episode We Cover:
Identifying the "missing piece" to get a deal done
Knowing your numbers and being prepared
Making your official presentation (finances, experience, deal analysis)
Offering an opportunity rather than begging for help
Various financial structures you can use
How Felipe found a partner to** do the books **
Why Ashley partnered with a construction expert on a full gut remodel
And SO much more!
Links from the Show
Check the full show notes here: https://www.biggerpockets.com/rookie30
Learn more about your ad choices. Visit megaphone.fm/adchoices)