Buying Homes With Friends Part 2: Red Flags & Creating Operating Agreements to Legally Protect Yourself

CREDITS

Hosted by: Kristina Modares and Steph Douglass

Produced and Edited by: Megan Pue

Music by: Lemonmusicstudio

Photo by: Chelsea Francis

SEASON 6, EPISODE 2 SUMMARY

Today, Kristina and Steph reveal red flags that you should look out for when buying with friends. Hear a real story about a partnership that didn't work out and grasp the consequences of ignoring these signs. Then, understand the importance of clear rules, known as operating agreements, to prevent conflicts and legally protect yourself.

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Related Resources 

1. Buying a House With Friends Mini-Course

2. View the Preferred Partnership Split/Square

3. Blog: "How to Legally Protect Yourself in A Real Estate Partnership"

4. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations

5. Join our Women Investor Group - it's free, and we meet up regularly

6. Sign up for our next "How to Buy a House in Austin" Workshop

7. First-Time Home Buyer Mini-Course

8. Homeschool on YouTube!!!

9. Take our "Are You Ready to Buy a House?" Quiz