Structuring Equity Partnerships

[Caleb Smith]

I am looking for help setting up partnerships for future property purchases.

I know Brandon Turner mentioned on the podcast that he would create 50/50 equity partnerships where somebody brought the down payment and he would find and manage the deal.

With me having experience finding and managing properties, but in need of funds, this sounds ideal to me.

Is that how most of you would do the partnership? If not, how would you structure it?

Also, what if we decide to bring in a professional property manager later on? Do we have to restructure the deal?