Property Management Equity

[Michael LeClerc]

Greetings all,

I manage a vacation rental company, and have an idea on how to start building some equity for myself along with my business. I have the opportunity to work with a partner to purchase properties to be used as vacation rentals. my contribution would be to put my real estate commission into the purchase and also all ongoing commissions that I would normally collect for managing the property. Has anyone out there utilized this strategy from either side, the property manager or the investor. Seems like a win-win, and a way for me to build equity in a property through work, rather than cash.

Any thoughts would be appreciated.