Real Estate
2 Types of Real Estate Partnerships To Help Grow Your Venture
April 4, 2019
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If you have been in the real estate industry for a while, you have most certainly experienced good partnerships and a few bad ones. From my own experience, I can say that I’ve been into more “good partnerships” than bad ones because it is not that difficult for me to determine if the partnership is benefitting all the parties in a partnership or not. If yes, there’s nothing to worry about because everyone is getting something from the partnership. But when the partnership can’t provide the benefits to all of the parties equally, the problem rises and these partnerships fail miserably.

Can’t say I have seen a lot of them but I do have some insight on how these fail. However, today I’m not going to talk about the failures of partnerships. Instead, I’ll be talking about 3 types of real estate partnerships that will be a win-win situation for the participants.

1.Taking free interns under our wing

I know that free doesn’t seem right. I agree with you, you should not expect free works from interns, at least not without ensuring that the intern has something to look forward to.

Still not sure if you take free interns under your wing?

Believe it or not, there are plenty of college students who are looking for the opportunity that you are not willing to offer. Yes, there are plenty of students who are willing to work as interns, for free of course.

Why?

I’ll explain this later on but first, let me tell you what you get from this partnership.

First, you get someone who you can use for minor tasks that are not suitable for your graduate employees. One of these tasks is handling your online presence. I hope,I won’t have to explain to you how important online presence is these days.

Also, you can have him work on your ads or other office stationary tasks.

Now, what will he get?

He will get the opportunity to work with a big name like yours. He will use this internship for the rest of his professional career to showcase how good and valuable of an asset he can be to a corporation. So, it’s a win-win situation for you and your interns.

2.Paid apprentice to act as a landlord for rental properties

If you still don’t like the idea of hiring free interns, you can get paid apprentices, active and most importantly, passionate to be in the position and act as a manager for your rental properties. From collecting rent to finding tenants, he can do all of those and add this to his portfolio for future references. So, you and him, both win.

For more info, please visit: Charles Carillo

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Lajwanti Garewal

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