Updated almost 5 years ago on . Most recent reply
Joint Venture Question/Clarification
Can someone please tell me if it is typical that the active partner in a JV deal (the deal finder, manager) should draw a 10% monthly property management fee for managing the property?
Assuming the JV is 50/50, does the working partner's 50% not come from managing the property, finding the deal etc. with no money contributed to the acquisition/ improvement of the deal?
TIA