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Updated about 12 years ago,

Prashant P.'s profile image
Prashant P.'s profile image
Prashant P.
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Aug 4, 2010
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User Stats

281
Posts
77
Votes
Prashant P.'s profile image
Prashant P.'s profile image
Prashant P.
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Aug 4, 2010
Connect
Prashant P.
  • Real Estate Investor
  • Philadelphia, PA
77
Votes |
281
Posts
Buying & Selling Real Estate

Setting up a Real Estate Partnership

Prashant P.
  • Real Estate Investor
  • Philadelphia, PA
Posted

How would you setup a real estate partnership with another investor?

I was approached by another investor at a local REIA meeting. Basically he wanted to combine my knowledge of investing with his pocketbook. I would manage the properties and he would provide most of the funds to buy and rent or buy and flip a house.

How would you setup this partnership? Would you create a new LLC with an Operatating Agreement?

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