Quote:
Originally Posted by Buck Maverick
Does anyone know a private real estate investor they would recommend as a potential partner for purchase of a residential property in The Villages?
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The fact is the business arrangement most likely to fail is a partnership. The problems are arguments between the people.
I do more than you do and yet you want half of the profits.
I want income and you want to make profit by reselling.
You or the other partner have an unforeseen life issue one needs to sell and the other may not have the ability of desire to buy them out. Real-estate is not as liquid as people seem to think. Have we all forgotten the real estate bubble so soon?
Obviously, all the issues I mentioned above are even more likely to end badly when you are looking for a partner you do not even know.