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EP397: Three Tips for Investing with a Partner

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Today’s episode of Investing in Real Estate is sponsored by Fin! Fin does everything a great assistant can without the cost and commitment of a full-time hire. Try Fin for FREE by visiting our special link—http://fin.com/investing.

For many investors, working with a partner can be a rewarding and mutually beneficial method for completing a real estate deal. Whether you’re looking to share knowledge or funds, a partnership can be a great way for you to compile resources. However, it’s important to protect yourself within a partnership, and ensure that you don’t get burned during the deal.

On this episode of Investing in Real Estate, Natali and I are sharing three tips you should think about when investing with a partner! You’ll learn about securing ownership, making an agreement, and how to ensure your title is correct. Join us for episode 397! 

On this episode you’ll learn:

  • Why you should avoid a 50/50 partnership.

  • The percentage of ownership that you should aim for.

  • The importance of having a written plan in place.

  • Why you should work wit a lawyer.

  • What tenancy in common means.

  • Why you should invest in an LLC.

  • And much more!

Episode Resources
Fin
EP295: How to Take Title on an Investment Property
York, Howell, and Guymon
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.