On here, when you say you want to partner with strangers, you will get a lot of incoming garbage.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Problem: Set & Forget - Most people know the importance of an accountability partner when it comes to goal setting.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

A partner and I did one time in rural Indiana with the cooperation of the local fire department who used the situation for training. 

My partner called the owner who had give the original estimate, said no way are we paying until the job is done. 

Hey Tyler - thanks for meeting up for coffee, looking forward to partnering on some properties soon!

Let me tell you, there's nothing quite like the feeling of closing that deal and realizing that you've made it happen.As investors experience the profitability of our deals, they become more than just satisfied partners.

Since you're selling the business and real estate to a partner/friend you will have some flexibility in value determination. 

He is Mark and our, junior partner.