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Updated over 2 years ago on . Most recent reply

Greg Larson's profile image
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Greg Larson
  • Investor
  • from Knoxville, TN
  • Member since Dec 26, 2016
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Greg Larson's profile image
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Greg Larson
  • Investor
  • from Knoxville, TN
  • Member since Dec 26, 2016
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Greg Larson
  • Investor
  • Knoxville, TN
26
Votes |
116
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General Real Estate Investing

Partnership pitfalls to avoid?

Greg Larson
  • Investor
  • Knoxville, TN
Posted

Hi BP,

I'm at the point where I've located a solid deal and now I'm looking for an equity partner to help me take it down.  This is a triplex in Knoxville, TN.


What are some things I should look out for when seeking an equity partner to help me take down this deal?

I appreciate any and all wisdom you can share.  Thanks!

Knoxville, Tennessee
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Mason Hickman
  • Real Estate Agent
  • from Sandwich, MA
  • Member since Aug 19, 2014
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Mason Hickman
  • Real Estate Agent
  • from Sandwich, MA
  • Member since Aug 19, 2014
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
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974
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied
Quote from @Greg Larson:

Hi BP,

I'm at the point where I've located a solid deal and now I'm looking for an equity partner to help me take it down.  This is a triplex in Knoxville, TN.


What are some things I should look out for when seeking an equity partner to help me take down this deal?

I appreciate any and all wisdom you can share.  Thanks!

I would be looking for someone who has liquidity in case you need to pivot, similar time horizons, and discuss expectations about roles and responsibilities.
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