All Forum Posts by: Bryan Sanchez

Hello, I have been flipping homes with my LLC for the last 2 years. I became overwhelmed with the amount of work. I was flipping 3-4 houses at a time and I would do acquisition, I would mange rehab with my workers, and then I would list as im a Realtor, and will sell or get cash out refinance. I told my friend Jose and brother Josh to join me and work with me. Jose started taking acquisitions, cold calling etc. Weeks later we found and deal and I negotiated and closed on it. My brother Josh took care of materials ordering. After that I took care of the entire rehab, managing workers, paying bills, and listing and getting under contract.

We dont have a split structure on this deal we just finished. It is around a $35,000 net profit. What would be a reasonable split for everyone?? I dont want to burn myself or my friend and brother.