Sure, they might "make a profit" (or at least make more profit) if they self-managed.

But I also know I brought real value by sourcing the opportunity and doing the heavy lifting to get us to the finish line.We’re about to have the “profit split” conversation, and I want to make sure I’m being fair — both to him and to myself.

Really enjoyed reading this — super practical take on running a lean, profitable wholesaling business today.

This means profits are taxed as ordinary income + 15.3% self-employment tax.

This means I have recovered all my cost, and all CF and profits are pure profit to me. 

I have 112k in Schedule E revenue, with a 36k profit.

Then still splits the profit.

Looking back on past flips, what financing-related decisions impacted profitability the most?

Under typical private/hard money rates, say 11% plus 2 points, the lender will take roughly one-quarter to one-third of the profit.

It's a great strategy to combine house flipping and investing in rentals by using your profits to buy more rentals.