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Episode #310 Do you REALLY need a real estate partnership for your deals? What are the benefits, and do they outweigh the risks? Well, it depends. The truth is that, while great partnerships will deliver value to both sides, bad partnerships will turn belly-up in no time. Welcome a very special edition of the “Real Estate Rookie” podcast, where our hosts, Tony and Ashley, talk about their latest book, “Real Estate Partnerships”. There are several reasons why a rookie investor might benefit from having a partner. Maybe they lack the capital for a particular deal, or maybe there are knowledge gaps where the expertise of a more seasoned investor might prove helpful. If you’ve wondered whether forming a partnership is the right move for you, you’re in luck—this episode is all about partnerships! Tune in to learn where to look for a partner, how to structure a partnership, and the differences between equity partnerships and debt partnerships. Our hosts also share the single greatest sign of whether a partnership will succeed. Remember to grab your copy of “Real Estate Partnerships” and use code “PARTNER310” at checkout for an exclusive discount: https://biggerpockets.com/partnerships ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Join the Real Estate Rookie Facebook Group: / realestaterookie ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ Grab Your Copy of “Real Estate Partnerships” and Use Code “PARTNER310” at Checkout: https://biggerpockets.com/partnerships ~~~~ Hear David and Rob on the “BiggerPockets Real Estate” Podcast: https://www.biggerpockets.com/podcast... ~~~~ How to Use the DISC Profile to Communicate Effectively in Business: https://www.biggerpockets.com/blog/di... ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/d... Rob: https://www.biggerpockets.com/users/r... ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or / davidgreene24 @biggerpockets or / biggerpockets ~~~~ Connect with Ashley and Tony on BiggerPockets: Ashley: https://www.biggerpockets.com/users/e... Tony: https://www.biggerpockets.com/users/t... ~~~~ Connect with Ashley and Tony on Instagram: Ashley: @wealthfromrentals or / wealthfromrentals Tony: @tonyjrobinson or / tonyjrobinson Show notes at: https://www.biggerpockets.com/blog/ro... Recorded at Spotify Studios LA. 00:00 Intro 04:58 The Case for Partnerships 14:09 AVOID These Red Flags! 23:16 Finding a Partner 27:01 Why You Need a Partner 30:28 Equity Partnerships vs. Debt Partnerships 36:53 Structuring a Partnership 41:20 What Makes a GREAT Partner? 57:03 Grab the Book Today!