For example, I have a partner who is getting into the Turo rental car business.

Me and my partner (who is from Spain) and our underwriting team all speak Spanish fluently.

If your objective is to scale by using investment partners,  my advice is to focus on your own market. 

Hi BP Community,I recently joined after discovering Real Estate Rookie podcast, and my partner and I are looking to invest in real estate in Maryland.

Purchase price: $80,000 Cash invested: $6,000 Sale price: $135,000 Contributors: Peter Vekselman Partner Driven and Seth Choate purchased a property on Pleasant Valley Rd, Hartsville, TN, for $80,000 on 05/09/2024.

I know the interest they get is taxable I would probably have to set up a LLC with them being equal partners.

Another great success with our trusted partner!

The role of a PM is to be your partner in managing your property, good partners communicate to each other constantly & never leave the other party in the dark.

Is this for a specific type of business, and do you have any partners involved?

Its tough living in a construction zone but it can also offer you both an investment, education and place to live for the time it takes to complete the renovations.I actually started by using private money (people I knew who had money) and used them as lending partners.