Updated almost 14 years ago on . Most recent reply
Thinking about getting a partner
I have a friend who wants us to buy rentals together. He will not do any of the search or management. He is only contributing cash to the deal. With that being said what is the best way to make everything equitable. Should I make him put out all the cash since I will be doing the work? Would that be fair for a fifty fifty partnership? Should I put up a percentage of cash also to be fair? Any advice would be greatly appreciated.