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Updated almost 3 years ago on . Most recent reply

User Stats

48
Posts
28
Votes
Sam Dorgalli
  • Real Estate Agent
  • Porter Ranch, CA
28
Votes |
48
Posts

No experience, No money, but got a deal... is that enough?

Sam Dorgalli
  • Real Estate Agent
  • Porter Ranch, CA
Posted

Alright. Let me try to explain this as best as I can...

To all investors, if someone was to bring you a deal and says "Hey, I would like to partner with you on this deal because I do not have money or experience (finding contractors, reading estimates, and supervising the flip, etc.) but I have a deal and I can show you numbers" is that enough for you to be a 50% partner with the deal finder considering that you're putting in the money and doing most of the work? Would you not accept the deal? or would you cut him in at lets say 25%? What value can a new investor bring besides the deal?

I hope my question is clear. Please feel free to ask me to elaborate more if not. Thank You!!

  • Sam Dorgalli
  • Most Popular Reply

    User Stats

    13,567
    Posts
    19,670
    Votes
    Joe Villeneuve
    #5 All Forums Contributor
    • Plymouth, MI
    19,670
    Votes |
    13,567
    Posts
    Joe Villeneuve
    #5 All Forums Contributor
    • Plymouth, MI
    Replied

    Partner yes, 50% maybe.  For me, my partner's percentage is based on what they contribute to the deal, and how each task/role/responsibility they execute is related to all these T/R/R's executed by every partner involved.

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