Partner Ship Investing in MFH

[Jeff Quinlan]

Hello BP Community, 

I currently own a couple apartments and now I am considering partnering with 2 other investors to purchase a larger MF unit. I would love to hear from any of you that have partnered with others and what worked and what did not work. 

Thanks in advance for any feedback you have! 

[Alina Trigub]

@Jeff Quinlan

As others mentioned, partnership is a like a marriage. So definitely consider "prenap" in a form of a detailed legal agreement spelling out each person's tasks and responsibilities, investment, financial outcomes, as well as spelling out "what if's" such as "what if one partner becomes ill, incapacitated or dies"...