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Updated over 6 years ago on . Most recent reply
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Clearly Defining Roles of your Investing Partners
It is commonly said that partnering is a great strategy when starting out. Say you partner with someone with no experience like yourself. How do you split the work and clearly define your roles? Or do you find leads, evaluate property, and decide on the correct deals properties together? It seems like if roles are clearly defined, then more will get done. BUT I don't see how to split up the work load. This is assuming all your other player's roles are set up i.e. lawyer, real estate agent, contractor, etc. So my question is, how has everyone else split up the workload with their Real Estate Investing Partners?