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Updated over 11 years ago on . Most recent reply
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Partnering
A newbie to REI here. I'm wondering what people's experiences have been in partnering with others to rent out houses, flip, etc. Do you recommend it? What are the pros and cons to consider?
I realize answers depend on a numbering of factors (e.g., what the goal is, experience/capabilities of people involved, overall approach, etc).
What do you recommend to someone considering partnering with other investors?
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The other option is each party put in 50% of the money for the asset, and the person who does the work gets compensated by the other party for them not doing the work.