Like marriages, partnerships can be beautiful or disastrous. On this broadcast, The Real Estate Guys talks to a practicing attorney who says there are things you can do to prevent problems before it’s too late!
Your counselors for this episode:
- Host, Robert Helms
- Co-Host Russell Gray
- Attorney Jeff Lerman
The parallels between marriage and partnerships are many, including the statistic that most break-ups are caused by financial pressures. With so many properties down in value and funding for projects nearly impossible to come by, many partnerships are in trouble. But in the midst of the carnage, are there lessons to be learned? After seeing many promising partnerships hit the skids, Attorney Jeff Lerman shares his front line experiences with The Real Estate Guys.
Jeff reveals the #1 mistake most partners make and tells us exactly how to avoid it. Like many things in life, the right things are easy to do, but they’re also easy not to do. Unfortunately, the price of neglect can be very high.
Jeff also shares his #1 tip for working through challenging times with your partner(s). Some issues can be avoided. Others simply have to be dealt with. Jeff describes what he calls “the most important factor” in diffusing partnership tensions. He also shares several of the red flags he looks for in order to avoid getting into a problem partnership in the first place.
This show is a follow up to Halloween Horror Stories and stayed with the theme that it is far more efficient to learn from other people’s mistakes instead of your own. Jeff Lerman has seen it all. Listen in as he gives you the inside scoop on the lessons his clients paid hundreds of thousands of dollars to learn!
The Real Estate Guys™ radio show and podcast provides real estate investing news, education, training and resources that help real estate investors succeed.