JV Partners (Funding / Sweat Equity)
Hello again BP Community! I have another question about JV partnering with my brother. He has no time but has money. I have some time and no money. The idea is that he will 100% fund the acquisition of buy and hold properties (down payment, etc.) and I will 100% find, acquire, and manage the buy and hold properties. The idea is to build a buy/hold portfolio that we own 50/50 with me doing the work and him providing the up front money. Has anyone had experience with contracts or partnerships like this? Are there certain things we should plan or consider before we start? Thank you for reading and have a wonderful day!