Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

45
Posts
21
Votes
Rafael Perez
  • New to Real Estate
  • Omaha, NE
21
Votes |
45
Posts

How should I form this partnership?

Rafael Perez
  • New to Real Estate
  • Omaha, NE
Posted

My current partner and I were able to finally acquire the last piece we needed to start a deal, someone with money. But now we are stuck on how we should proceed with a potential new 3 way partnership. We are in the process of opening our LLC but don't know how we should proceed with it. Since we are all new to real estate, would going 33/33/33 on the LLC make sense? Or in what other ways can you guys give me tips on how to make this partnership work. My current partner and I have the time and knowledge compared to our new potential partner, but he has the money that we don't. I also want to have more than 33% of the business if we do go through with it since I was the one who put the pieces all together to make it where we are right now. Any tips or guidance would help greatly. Thanks!

Loading replies...