WIP 1821: Why 90% of Real Estate Partnerships Fail (And What to Do Instead)

Most real estate partnerships don’t work out—and Todd Toback breaks down why. In this episode, you’ll learn why partnering with friends is usually a bad idea, why it’s almost impossible to “fire” a partner, and smarter alternatives that will help you grow your business without the headaches.Todd explains how partnerships often destroy friendships, why hiring beats partnering, when a power partner or capital partner actually makes sense, and the right way to collaborate with real estate agents. If you’ve ever thought about teaming up in real estate, this episode could save you from costly mistakes.---------Show notes:(0:58) Beginning of today’s episode(1:11) Why partnering is not idea(2:57) If you want to stay friends don’t partner!(5:21) You can’t just fire a partner(5:48) If you hire somebody they outperform your partner(6:24) Hire your friend as an employee not a partner(7:07) Power partners(8:48) Get a capital partner(8:59) Partnering with real estate agents----------Resources:To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community  are endless, what are you waiting for?