moonchild
VIP Contributor
Partnerships are one of the key features of real estate, many a times an agent may score a good deal in real estate but couldn't afford the downpayment in cases like this many agents will partner with a firm to pay for the property where they'll be given a percentage when they successfully flip it or get a cut after a sell.
Also a real estate company could use the help of partnerships to get big deals done and also take on bigger projects that are above their capital through private equity or even venture capitalist.
A caveat here is, pay attention to your partnerships and also make sure you work out a win win deal that everyone will benefit, a one sided partnership helps no one.
Also a real estate company could use the help of partnerships to get big deals done and also take on bigger projects that are above their capital through private equity or even venture capitalist.
A caveat here is, pay attention to your partnerships and also make sure you work out a win win deal that everyone will benefit, a one sided partnership helps no one.
