Fair Structure for a Mentor-Mentee Property Joint Venture?

[Adam McEniry]

Hi I'm wondering if anyone is willing to share the basic facets of a mentor-mentee Joint Venture partnership, where the mentee (me), will put most of the cash down in return for the leadership of an experienced investor?  We're looking at single family homes (duplexes and tris). So financing split, equity share, cash flow share etc.

Many thanks!

Adam

[Aaron K.]

@Adam McEniry for flipping or buy and hold?  IF for buy and hold I'd give the mentor very little if anything because unless you are buying major fixers and using their network of GCs to get a big discount they aren't providing a ton of value in my opinion aside from math.  I'm always wary of partnerships where financial contribution is highly unequal, watch yourself and ensure you aren't taken advantage of.