Join clubs, activities, sororities, etc.As far as the mistakes, mine at the beginning (the mistakes do not end at the beginning by the way) were paying too much for buy and hold properties, not networking enough early on, waiting too long to pull the trigger on RE (took me 4 years from I want to do this to actually doing it), and biggest mistake at the start was a lack of focus on one strategy.

It is one thing to make money; it is a completely different strategy to building wealth and a solid estate.Business partnership and financial considerations may include:Business Power Of AttorneyMedical Power Of AttorneyLiving WillWill or TrustLegal advice from an attorney and a financial planner you hire will be the cheapest and wisest investment you will ever make.Moreover, every investment, partnership, and individual is unique.

Didn't hold me back.You can take all the courses in the world and if you don't have the right temperament that you need to pull the trigger on a deal, then those courses won't matter.I've learned more by doing than I could have ever learned in school.

Jeff S Na Usually on BP when I see people posting deals for joint venture partnerships, it's because they don't have the cash to put into the deals that a HML would require, and decide that if they can get the money to do the deal, and there's a healthy enough profit potential, giving away a big chunk of the deal on the other end is worth it, if they couldn't do the deal otherwise.

We now own 6 properties, and they've all been bought with borrowed money.So the long and short of it is, you can establish a 401K, contribute very little to it, then leverage that amount into nice holdings for yourself.Your question is framed using two different 401Ks not in partnership.

If is she seeking reimbursement for the damage that should be enough to trigger coverage..

In my opinion it is malpractice to recommend a regular partnership anymore. 

Doing a lot of reading and researching and I'm getting ready to pull the trigger and buy my first property! 

Also, always make sure that the numbers work out before you pull the trigger.

It is the sale of an appreciated or depreciated property that triggers the recognition of a gain or need to recapture of depreciation.However, that being said there is a way to use seller financing when you sell a property and still harness the advantage of a 1031 exchange.