Quote:
Originally Posted by Slava
There's a fantastic book called the Partnership Charter ( https://a.co/d/8TyMewd), and I highly recommend it. While creating a charter is a lot of work and effort, it's entirely worthwhile. It's not altogether different from a Unanimous Shareholders Agreement, but there are some points of departure.
The main thing is to iron out many of the potential issues while everyone likes each other, though, and not try to discuss these things when something has happened and things are acrimonious!
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Bought a house with 2 other guys when we got out of university for the purpose of renovating and flipping. They were best friends prior and now hate the hell out of each other 20+ years later. I spent 4 years placating them and trying to make them hate each other less and not get into fist fights. It was like two abusive parents fighting. Definitely took years off my life/liver.
My old intern bought a Marble Slab franchise in one of those ######ed south communities and he flipped it after a year. I think he did really well with it.