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INVESTOR RESOURCES

PARTNERSHIPS

The Pros and Cons of Forging an Investor Partnership

HOW INVESTORS CAN ACHIEVE SYMBIOTIC RELATIONSHIPS

by Doug Perry, Temple View Capital

hether you are just starting out as a real estate inves-

conversation, planning, and seri- ous consideration for both parties. In this piece, we want to high- light some of the pros and cons of tag-teaming with another investor, particularly if you’re a burgeoning investor yourself. THE PROS EXPERIENCE —If you’re a new investor, creating a partnership that’s a mentorship can be the most powerful way to learn while

on the job. Shadowing an expert can be a critical way to learn the ropes in a real-life setting, ask the questions that come to mind, and experience the challenges and joys of the real estate industry. A good mentor is an invaluable resource for any up-and-comer. DELEGATING WORK ACCORDING TO STRENGTHS —Multiple investors working together means gathering different strengths and experienc- es and delegating assignments according to individuals’ skills and

W

tor or have been in the game for a while but want to continue growing, there are various reasons to consid- er whether to partner with another investor. From the opportunity to be surrounded with experience, to having access to seed capital, invest- ment partnerships can be mutually beneficial in a lot of ways. For many investors, however, they can also be the wrong business path to take. While always a viable business option, it is one that requires much

44 | think realty magazine :: august 2021

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