Let's Talk Partnerships: Your Experiences and Benefits in Real Estate Ventures

Let's Talk Partnerships: Your Experiences and Benefits in Real Estate Ventures

Lender · Member since 2024 · 106 posts · 17 votes

Have you ever partnered with others on real estate ventures? What has been your experience, and what benefits have you seen?

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  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    2y

    In a “nutshell”

    What can work - partnerships where each person brings a different necessary asset (knowledge, experience, time, capital, credit) to the table, the responsibilities, rewards, and expectations are clearly spelled out, legal documents are created to head off disagreements, and the parties are compatible.

    What doesn’t work - partnerships formed by two or more inexperienced people looking for “comfort” rather than going it alone, and anything other than the above. 

    Private Mortgage Financing Partners, LLC
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