Should you take on a business partner in a real estate deal?

Or

You need to ask yourself some serious questions before you make this decision.

Will your partner:

1. Carry their share of the workload, or just try to ride on your back?
2. Communicate and cooperate when it gets tough, or play the blame game and bail out at the first opportunity?
3. Remain loyal?
4. Be there for support in good and bad times?
5. Want to renegotiate everything on a weekly, or daily, basis?
6. If you take a loss, will they turn on you to recoup their losses and let you take the fall?
7. If you make money, will they let greed take over?

The bottom line is that a partnership is like a marriage, and it will only be as strong as its weakest link.

Our advice is to be very careful.

People change when money is involved and they may act in a way that is unlike the person you have come to know.

The days of a handshake and simple contract are over. If you can do it yourself, DO IT!

If you must take on a partner, get everything in writing, and I mean everything, and really know who it is that you are getting into business with.

Have a profitable day!

Your Invitation to MAKE BUSINESS HAPPEN!

Every Thursday at Noon some of the most successful people in Indianapolis are networking and building their referral base!

We would like to invite you to join us!

To RSVP please call 317.871.1000!

See you there!

Gladiator Real Estate Group

Indianapolis Investment Property Tours!

Call and schedule an Investment Property Tour in Indianapolis!

You will:

• Get to Know Indianapolis
• Look at some Great Investment Property
• Meet Property Managers
• Meet Contractors,
• Have dinner with us!!!!

We look forward to meeting all of you soon!

Make Every Day Count!