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Updated over 3 years ago on . Most recent reply

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Johnny Rivera Loubriel
  • Contractor
  • Tampa, FL
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Is it a good idea to partner up when buying rental properties?

Johnny Rivera Loubriel
  • Contractor
  • Tampa, FL
Posted

The reason behind my question is because I’m currently a business owner and my income at the end of the year isn’t the best income to qualify for multiple properties. My goal is to acquire five rental properties per year so I believe my best option will be, is to partner up with multiple investors. Please help!

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Theresa Harris
#3 Managing Your Property Contributor
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Theresa Harris
#3 Managing Your Property Contributor
Replied

Do you know someone you can partner with who you trust and has a similar vision to you?  Biggest problem is making sure you are on the same page and have documents drawn up as to what happens if you disagree or if one of you wants to sell and the other doesn't.

  • Theresa Harris
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