Power Partnering Course – William Bronchick
No Man (or Woman) is an Island…
Here’s Some Great Reason to Use Partners…
- Use a partner to go out and “bird dog” deals for you.
- Use a partner to manage a project or properties that you don’t have time for.
- Use a partner with expertise that you don’t have.
- Use a partner with the necessary cash you don’t have.
- Use a partner to qualify for a bank loan that you cannot qualify for.
- Use a partner with experience and reputation to create credibility.
- Use partners to fund a commercial or multifamily deal.
But… I Don’t Want Partners!
GET OVER IT! It can save you time and money
Failed Past Partnerships – that doesn’t mean you can’t learn how to do it RIGHT!
“I Can Do it Myself” – you may not have enough time, skills or money to get it done.
In Short, a Properly Structured JV or Partnership Will Allow You to
Leverage Other People’s Resources, Skills, Money, Deals, and/or Connections.
POWER PARTNERING
The “MacDaddy” of all Real Estate Partnering Courses!
- How to decide whether to bring on a partner – it’s not always the best option
- Alternatives to partnership arrangements – sometimes there’s another path forward…
- How to choose your partners – neglect these guidelines at your peril!
- Doing due diligence on your potential partner – know what you are getting…
- How to evaluate the “splits” and responsibilities – who gets what? who does what?
- How to “sell” your deal to a partner – how to get a partner or partners on board with you
- How to structure the deal or project – do I use an LLC, corporation, trust, JV, or other?
- Tax and legal issues of JV’s and real estate partnerships – pay me now, or pay me later!
- Longer-term real estate partnerships – how they differ from JV’s or short-term arrangements
- Doing BIG deals – how to structure syndications to raise capital (legal issues and regulations)
- Soliciting for private money – be careful how you tread here or the SEC will be on you
- Putting it in writing – how to lay out your relationship in writing to avoid problems later!
- How to deal with a blow-up – anticipating the inevitable disputes that arise in partnerships
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