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Updated over 4 years ago on . Most recent reply

User Stats

4
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1
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Cody Denys
  • Rental Property Investor
  • Edmonton, AB
1
Votes |
4
Posts

Joint Venture Question/Clarification

Cody Denys
  • Rental Property Investor
  • Edmonton, AB
Posted

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

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