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Updated about 12 years ago on . Most recent reply

Dewayne Gammel's profile image
Dewayne Gammel's profile image
Dewayne Gammel
  • Real Estate Investor
  • from Memphis, Tennessee
  • Member since Aug 20, 2013

User Stats

37
Posts
21
Votes
Dewayne Gammel's profile image
Dewayne Gammel's profile image
Dewayne Gammel
  • Real Estate Investor
  • from Memphis, Tennessee
  • Member since Aug 20, 2013
Dewayne Gammel
  • Real Estate Investor
  • Memphis, TN
21
Votes |
37
Posts
Real Estate Deal Analysis & Advice

Taking on an partner

Dewayne Gammel
  • Real Estate Investor
  • Memphis, TN
Posted
If someone decided to take on a partner, can you help me with some brainstorming as how to structure the deal(s)? I would do an LLC and have us both as managing members...but how would you structure the payback(if any) or the NOI profits? Would the percentage split be off gross income or net income? How would you do the insurance....etc?!? Any advise would be greatly appreciated!!!
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