I’ve talked to my CPA and attorney and have ironed out good partnership agreements.

So I was curious about a certain aspect of partnerships.

@DeShaun SellersEquity is great but make sure you get a partnership agreement written up and have your attorney review.

Would love advice from all on protection of investment, deal structure, proposed exit strategy and legal approach to partnership.

Just wanted some insight:I plan on starting an SLLC, and use family/friends as lp’s to fund BRRRR’s Plan do this until the LLC can stand on its own.Good or bad idea? Any insight is appreciated, thanks. 

You can use other people's money (OPM) and this can include hard money, private money, other investors, and partnerships.

Hello all,My wife and I have partnered with my parents for starting out due to my father’s knowledge and ability, time and money for house purchases. We bring deal finding, money for rehab and ability to work with con...

But, before we get too far into the business, we want to make sure we have our partnership set up well.

I created a partnership a couple weeks ago, but we haven't really laid out all the details because we are both open to any good deal in our tough market here in Southwest Colorado and Northern New Mexico.

The partnership agreement is to hold the property for 5 years and then sell, and pay back each equity partner their original contribution, plus their percentage of equity.What I am wondering, is there is a way to keep the property instead of having to sell?