Forming a Partnership

[Cody McGonigal]

Hello BP community,

I am forming a 50/50 partnership with a fellow investor. We plan to enter the multifamily space, purchasing properties with 8+ units with the potential to add value and attract higher quality tenants. 

We have verbally agreed to enter a partnership where everything from financing to building the business itself will be equally shared. I am reaching out to all of you for advice on how to to structure this partnership in a way that leaves us both comfortable and reassured that if things don't work out, our lives won't be torn apart.

Thanks in advance,

Cody McGonigal