486: The Key to Scaling that Most Real Estate Investors Miss Out On (+New Podcast!) w/ Liz Faircloth & Andresa Guidelli 01:10:46

    <p>It’s understandable why so<strong> many real estate investors don’t want to partner up</strong>. I mean, who wants to split half of a rent check with someone else? This can seem especially true when you’re just starting and every cent of profit counts. But, what if<strong> the path to </strong><a href="https://www.biggerpockets.com/blog/financial-freedom-guide-30-somethings"><strong>financial freedom</strong></a><strong> was through partnerships</strong>? What if you could grow your wealth, spend less time working, and scale far faster simply by leveraging your relationships.</p><p>With us are the <strong>hosts of the new </strong><a href="https://www.biggerpockets.com/blog/investher"><strong>InvestHER podcast</strong></a><strong>, Liz Faircloth and Andresa Guidelli</strong>, two real estate veterans who partnered up to teach women about financial freedom, cash flow, and everything related to real estate. Liz and Andresa are both <a href="https://www.biggerpockets.com/blog/find-real-estate-partner"><strong>partners in real estate</strong></a><strong> and partners in leading the InvestHER community</strong>, so they know a thing or two about what makes partnerships work and what doesn’t.</p><p>We talk about <strong>questions to ask potential partners</strong>, how to<strong> test out a partnership </strong>by doing a project together, <a href="https://www.biggerpockets.com/blog/2016-07-16-8-best-kept-secrets-to-structure-an-efficient-real-estate-partnership">formalizing a partnership</a> with binding contracts, how to stop resentment in partnerships, and <strong>how to end partnerships that go bad</strong>.</p><p>If you’re looking to<strong> scale your real estate portfolio</strong> to new heights, you’ll definitely be using partnerships to do so. Tune in to make sure you and your partner stay protected!</p><p>In This Episode We Cover:</p><p>Why it’s so <strong>hard to </strong><a href="https://www.biggerpockets.com/blog/stack-blueprint-scaling-quickly-real-estate"><strong>scale in real estate</strong></a><strong> without partnerships </strong></p><p>The<strong> top questions to ask a potential partner </strong></p><p><strong>Testing out your partnership</strong> by doing a small deal together</p><p>Making deposits into the “<strong>emotional bank account</strong>” of a partnership</p><p><strong>Finalizing your </strong><a href="https://www.biggerpockets.com/blog/2013-01-10-real-estate-partnership-agreements"><strong>partnership agreement</strong></a> with an attorney</p><p>Keeping information flowing on both sides</p><p>Preventing (and ending) <strong>bad partnerships</strong></p><p>The<strong> new InvestHER podcast!</strong></p><p><strong>And SO much more!</strong></p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://odcfund.com/">OpenDoor Capital</a></p><p><a href="http://biggerpockets.com/rookie">Real Estate Rookie Podcast</a></p><p><a href="https://biggerpockets.com/bizshow">BiggerPockets Business Podcast</a></p><p><a href="https://www.biggerpockets.com/moneyshow">BiggerPockets Money Podcast</a></p><p><a href="https://www.biggerpockets.com/blog/2014-09-18-spouse-financials-088">BiggerPockets Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth</a></p><p><a href="https://www.biggerpockets.com/blog/bp-podcast-203-finding-deals-funding-contractors-mentors-matt-liz-faircloth">BiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz Faircloth</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-314-find-rockstar-contractors-and-manage-like-a-boss-andresa-guidelli">BiggerPockets Podcast 314: How to Find Rockstar Contractors and Manage Like a Boss with Andresa Guidelli</a></p><p><a href="https://www.biggerpockets.com/users/mfaircloth">Matt Faircloth's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/users/ryanm177">Ryan Murdock's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/users/mindyjensen">Mindy Jensen's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-425-benjamin-hardy">BiggerPockets Podcast 425: Focusing On Your $10,000/Hour Tasks (And How to Outsource the Rest!) with Benjamin Hardy</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-423-dan-sullivan">BiggerPockets Podcast 423: Who Not How: Stop Doing the Things You Hate, Free Up Time, Be Happier and Richer with Dan Sullivan</a></p><p>Check the full show notes here: https://www.biggerpockets.com/show486</p>
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