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Updated over 3 years ago on . Most recent reply
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50/50 Partnerships ROI
I have gotten into real estate just recently with my parents. We bought a single family home and split the profits 50/50. I always see that investors want an ROI of 12% or 100 dollars a month per unit(such as brandon turner and ken mcelroy.) I was wondering if they want 12% ROI or 100 dollars/month per unit for them or for them and their investors to split 50/50?
We are currently looking at a fourplex for 240,000. I am wondering if I should try and get 400 dollars/month for myself personally(10%ROI) and 400 dollars/month for my parents to, or 400 dollars/month for my parents and I to split into 200 dollars/month(5% return)
Thanks for any help!