As far as partnerships "TRUST" is the biggest thing.

partnerships with travel agents, bars, and so on.We have a visit anchorage website and that's feeds the furnished rentals.

I work in 6 diffrent states soon to be 7 texas included if I can get this idea up and running with a few well placed partnerships the deal flow for flipp, hold and wholesale will increase ten-fold.

That's something not a lot of people would have the gumption to tackle, since 80 units is a healthy-sized property to take on.It'd be instructive for all of us to hear more details on how you found the deal, how you structured your partnership and any other details you'd like to share, if you're so inclined.Best of luck in the future!

This arrangement would be structured as a partnership.

Their safety as to their liability is a concern to you as 1. they won't stick their neck out for you and 2. if they are representing you their insurance is a source of protection that can cove or limit your liability.You as an investor, non-licensee or as an agent really need to run to an attorney before devising some ongoing partnership arrangement, it's not a DIY thing to do. :)

Lastly, regardless of what form of partnership we put in place I want to make sure that down the road we wont be hit with a reassessment for the property taxes, since that's a huge benefit to buying and holding in CA.If anyone has any experience in forming this type of partnership in CA any feedback would be greatly appreciated.

Because of our expert content and growing reputation as the go-to source for real estate investing information, BiggerPockets will now be represented to the millions of AOL site users.As our credibility has grown, people have begun to take notice, and we're now featured in two of the busiest real estate destinations online - Realtor.com and AOL.This will only provide more credibility for the site, and will hopefully help us to overcome the tipping point and become the nationally recognized authority that we all know BiggerPockets is.Additionally, I'm extremely excited that our incredible blog contributors will begin to get a much larger audience, and I hope that this new partnership will bring them business and additional success.So . . . without further adieu - the first BiggerPockets Column on AOL:Real Estate Investing: Learn What the Pros Know

Rob/Sherry,We discussed an LLC but it seemed like it was an unnecessary partnership that could be better served in a JV agreement and a note.

You can find many stories on the BP boards about partnerships that went south!