How to divide profits/equity with different types of partnerships

[Tommy Pace]

Hello all, I'd like to get the opinions of our investors on how you typically divide ownership/profits/etc. and the accompanying responsibilities each partner is responsible for. Here is an example: 50% - 50% split of cashflow & equity - partner 1 finds the deal and funds the deal, partner 2 rehabs the deal and oversees property management for the life of the deal, partner 1 manages the realtor to sell the deal. I would greatly appreciate your input here. One of the things that holds a new investor back is a fear of being ripped off without knowing it. Your input will help us understand what is or is not a fair deal. Thanks! Tommy Pace