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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 5 days ago on . Most recent reply

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2
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Angelica LeMaster
2
Votes |
1
Posts

What percentage split on a BRRRR partnership

Posted

I'm new to this business venture, I just received my real estate license and was approached about a partnership with a couple that invests and rehabs properties. They want to work together and both benefit each other. One of them is a licensed real estate broker and they both invest in properties. They said they'd help me with real estate for at 70-30 split and they want me to help them with marketing and learning more about what they do. I don't know how much they'd pay me, what percentage. I don't want to except to low, but also not go in asking to high. Again I'm fresh out of testing and just getting licensed. Please give me some input.🙏🏻 Thank you 😇

Most Popular Reply

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129
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Michael Hernandez
  • Real Estate Broker
  • Antioch, Ca. 94509
18
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129
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Michael Hernandez
  • Real Estate Broker
  • Antioch, Ca. 94509
Replied

Congrats on getting your license, Angelica. Since you are new, this sounds like a good learning opportunity, but make sure the deal is fair and clear. Ask them to put everything in writing so you understand exactly what your role is, how you’ll get paid, and what’s expected of you. A 70-30 split can be fine if you’re gaining real hands-on experience in investing, marketing, and deal structuring. What’s in it for you is that this can fast-track your learning and open the door to future deals, but only if you protect your time and make sure your value is respected.

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