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Updated almost 9 years ago on . Most recent reply

User Stats

384
Posts
318
Votes
Russell Gronsky
  • Specialist
  • Baltimore, MD
318
Votes |
384
Posts

Partnerships?

Russell Gronsky
  • Specialist
  • Baltimore, MD
Posted

I've never done a deal through a partnership. Can any of you BPers recommend a good read on the ins and outs of this? 

Some questions I have:

-Write up a partnership document between me and the other investor or between my LLC and another investor?

-What happens if partners disagree on what to do with the property (i.e. one wants to sell but the other wants to keep it)?

-Are the documents to enter a partnership pretty standard and a template is available or do I have to go through an attorney?

Thanks guys and gals.

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