"I know partnerships can help me build wealth, but how do they actually work in practice?" This is one of the most common questions we get... and today Felipe and Ashley outline 6 rules for partnering on your real estate investments.

From identifying the missing piece that's holding you back, to defining clear lanes and avoiding common pitfalls... this show is a must-listen for any new investor who realizes she can't do it all herself.

Be sure to come back next week for Part 2 – where you'll hear the details of real-world partnership case studies, as told by a handful of investors who have made it work!

In This Episode We Cover:

Identifying the "missing piece" to get a deal done
Knowing your numbers and being prepared
Making your official presentation (finances, experience, deal analysis)
Offering an opportunity rather than begging for help
Various financial structures you can use
How Felipe found a partner to do the books
Why Ashley partnered with a construction expert on a full gut remodel
And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/rookie30

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30: How to Structure a Partnership, Part 1 with Felipe & Ashley 54:22 Share

Real Estate Rookie

Shownotes Transcript

30: How to Structure a Partnership, Part 1 with Felipe & Ashley