Partnership Pitfalls: Don’t Buy a House with Your Bestie (Until You Hear This)
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Partnership Pitfalls: Don’t Buy a House with Your Bestie (Until You Hear This)
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Buying a home with a friend, partner, or family member can seem like a smart way to get into the market—but it can also go sideways fast. In this episode, we’re unpacking the real-life risks of joint homeownership and investment partnerships: from mismatched money habits and unclear agreements to friendship-ending fallouts. Steph and [Agent Name] share lessons learned, red flags to watch for, and the essential steps to protect yourself before you buy property with someone else.
Whether you’re considering co-buying to afford your first home, splitting an investment property, or going halfsies on a duplex—this episode is your blueprint for avoiding financial and emotional disaster.
We cover:
Common mistakes in real estate partnerships
What to include in a co-ownership agreement
Stories of deals gone bad—and how they could’ve been avoided
How to protect your credit, your cash, and your relationships
👉 Thinking about co-buying or investing with someone else? Book a call with our team or explore our free resource library at openhouseaustin.com.
Tags: real estate partnerships, buying a house with a friend, co-buying a home, real estate investing, first-time buyers, Austin real estate, partnership mistakes, Open House Austin