Equity Partner Split

[Tina Wyatt]

I flip houses. What is a fair split if I do the work - general contractor and equity partner puts up all the money - $100,000 for house plus rehab. Upon sale we will have $40,000 net profit.

[Dawn Anastasi]

@Tina Wyatt what is fair depends on what you agree with to your partner. Since they are putting up all the money, could they find someone else to be a GC? Probably yes. If you are doing the work, could you find someone else to put up all the money? That would be much harder. So the person with the money has the leverage. What do they think is fair?