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Updated about 1 month ago on . Most recent reply

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Eshe Harvey
  • Developer
  • Chicago
103
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111
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Two Minds or Too much risk?

Eshe Harvey
  • Developer
  • Chicago
Posted

Are partnerships in real estate a power move or a ticking time bomb? What has been your biggest win or regret teaming up with someone?

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Marcus E. Turner
  • Real Estate Consultant
  • Globally
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Marcus E. Turner
  • Real Estate Consultant
  • Globally
Replied

Partnerships in real estate? They can be either rocket fuel or dead weight—it all comes down to alignment. When you partner with someone who complements your skill set and shares your vision, it’s a serious power move.

My biggest win was teaming up with someone who was a numbers person while I handled the deals and relationships—we scaled way faster than I could’ve solo.

That said, my biggest regret? Jumping into a JV early in my career without a clear operating agreement. Let's just say misaligned goals and unclear exit strategies can turn promising deals into costly lessons real fast.

Bottom line: partnerships — like relationships — work when the foundation is solid—trust, communication, and contracts. No handshake deals.

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