Starting a Partnership? Do you have standards?
I almost entered my first partnership (my first deal as well) with other investors this month, but did not let the possibility of making money and finally getting started get in the way of my standards...Communication!! In my case it was lack of communication. If you are an experienced investor, what are your standards? If you are new to investing, do you have standards? If not, don't jump into a partnership until you develop them. It will save you a headache down the road.