Reluctant end of a partnership

[Nick Jackson]

My business partner and I are in the process of ending a very successful 10+ year partnership in which we managed to build a portfolio of 50+ units through the BRRR method. Since the market shifted a few years ago we have stopped buying and have put the portfolio on autopilot. My partner has come to the point now where she is ready to go her own way and start a new chapter. We hold title as tenants in common with an assumed 50/50 share of each property. We do not have an operating agreement in place to spell out how our partnership ends. I realize this is a huge failure on both of our parts and this would be much simpler if said agreement had been prepared. Unfortunately that leaves us in a situation where we must agree on how and when to break up the portfolio and what it is worth. Of course I think the portfolio is worth a lot less than my partner does that is trying to make her exit. Any advice on the best way to move forward? I have been ignoring a lot of her communication because deep down I dont want to actually split the portfolio or buy her out of her equity, I am just fine continuing along the path we are on. What would my downside be if I just continued to stall? Thanks in advance!