The Open House Podcast: Where Women Talk Real Estate

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

February 13, 2024 Kristina Modares & Steph Douglass Season 6 Episode 2
Buying Homes With Friends Part 2: Red Flags & Creating Operating Agreements to Legally Protect Yourself
The Open House Podcast: Where Women Talk Real Estate
More Info
The Open House Podcast: Where Women Talk Real Estate
Buying Homes With Friends Part 2: Red Flags & Creating Operating Agreements to Legally Protect Yourself
Feb 13, 2024 Season 6 Episode 2
Kristina Modares & Steph Douglass

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.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

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
Show Notes

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.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

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