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Joint Venture Partnerships

Why Real Estate Investing Partnerships can be like Chocolate Bars

Posted by on March 25, 2009 at 4:12 pm

real estate investing partnerships can be like chocolate barsThe main reason my husband and I were able to build a multimillion-dollar real estate portfolio in less than eight years is because we found a few trustworthy partners.

After we made two purchases, one of our partners became preoccupied with a rapidly growing business he had recently started. It got to the point where it would take weeks to get in contact with him. After a few years of struggling to make the partnership work, we agreed to split up. We figured it would be an easy split. We owned two rental units, so we each could take one. Except we both wanted to own the same unit, and we couldn’t agree on how much more that unit was worth!

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Five Secrets to Successful Real Estate Partnerships

Posted by on December 22, 2008 at 12:12 pm

One of the big secrets to our success has been getting good partners to invest in real estate with us. We have bought many properties without partners, but we’ve also found that many deals are much easier to do when you have a little bit more money for a downpayment and another person’s income to qualify for a good mortgage with.

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