Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Jordan Jackson
  • 19958
1
Votes |
9
Posts

Fair Structure for finding properties for out of state friends

Jordan Jackson
  • 19958
Posted

I'm in Delaware and have developed some actionable investment (buy and rent/hold) opportunies I am acting on with partners. When mentioning this to out of state friends, they want to get in on the action. My question is, what is a fair structure to propose for my efforts, ie its my idea, I have ID's properties and run analysis. I have a property management and maintenance solution to offer them as well so it is basically hands off for them which is why they are interested. 

I don't want to be greedy so curious if other have done this or what they think is fair? IE a flat $1,000 per property and its all thiers, or maybe something like like a 5% bump in my equity share vs what I cash contribute? IE I kick in 10% for upfront costs, but am entitled to 15% of ongoing profits?

Thanks in advance!

Loading replies...