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Updated almost 5 years ago,

User Stats

12
Posts
1
Votes
Joshua Garcia
  • Rental Property Investor
  • Los Angeles, CA
1
Votes |
12
Posts

Partners/friends/investors in real estate

Joshua Garcia
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hey ! So I became a landlord when I was 19. Bought a triplex in LA house hacked that. Then. Duplex. House hacked that. Then a deal fell through and kind of scared me. Now I’m back in the space of getting rocking again. I have a few friends who’ve seen my entrepreneurial spirit and look to me for advice. They want to invest with me. I don’t have enough money to invest yet. How can I structure fair deal where I do the work and they do the money? Is it fair to get a 50/50 return if I put in no money ? 70/30 ? 60/40? I have 3/4 friends with anywhere between 25k-100k.

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