Hello to Everyone,
I have a close business partner which has been a realtor in a country overseas for 10 years. He wants to start his own franchise of Century21 in his native country. The country is prime for real estate and Keller Williams recently opened a branch in the country during the pandemic. I currently own single family homes, multi units and properties overseas. I want to diversify into owning business equity in a real estate (Broker) company. I have been researching about the benefits of owning a real estate company. Does anyone have any Pros and Cons to help? Any information will be much appreciated. My role will be a silent investor and owning half fo the business with him. Any information will be greatly appreciated. Please let me know if you have any questions.