5 Considerations for Real Estate Partnerships

Whether you are new to real estate investments, or looking to expand current investments, you may meet people who you would like to form a partnership with. Working with a single partner or multiple investors can be excellent ways to manage real estate. Here are five key considerations to be made before forming a professional investment partnership. Having these in place prior to engaging in business transactions will ensure  the process runs more smoothly.

  1. Think about your exit strategy.
  2. Consider what each partner is bringing to the table. (Money, time, expertise)
  3. Define each partner’s role.
  4. Determine how to value the partnership?
  5. Have a plan in place for when partners cannot be engaged.