Multifamily Partnerships

[Eli Kallison]

Hey BP,

How do partnerships on deals generally play out? Do people usually come with a specific deal, or do partners generally seek out deals together?

I'm looking to pull the trigger on my first Multi in the next 6 months or so, and would love to work with a partner on something like this for a number of reasons:

1) (Hopefully) allows for the acquisition of more properties to mitigate risk

2) Share knowledge and provide insight/expertise where the other may not have it

3) Have a second set of eyes and opinions

If anyone has any advice, or might be interested in investing in Multis with a partner, let me know. 

-Eli