Updated almost 2 years ago on . Most recent reply
Seeking Partnership Advice
Hello, I am seeking advice about fair percentages of a partnership. What do you all think is fair percentage for a partnership with these individuals?:
Person 1: Little experience, limited time, but will be investing 80-90% of the funds for acquisition & rehab of the properties
Person 2: Has 20-25 years of real estate knowledge & experience, will be investing 10-20% of any needed capital, can find & analyze the deals, devote the time/energy/legwork, manage any renovation projects, has a database of buyers/sellers, holds a RE license
Thank you in advance!