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.
Buying & Selling Real Estate
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 about 5 years ago on .

User Stats

26
Posts
3
Votes
Connor Bause
  • Savannah, GA
3
Votes |
26
Posts

Knowing your worth in a partnership

Connor Bause
  • Savannah, GA
Posted

I understand that this is a very tough topic, because every deal is different. I also understand that you need to bring certain pieces to the table to have ground to stand on. With that being said, I have been having discussions with multiple long distance investors about potential deals here in the savannah area. I am looking for deals that potential partners would want to invest with me on. I am just looking to get tips or ideas, that when the time comes, I can be prepared to defend my efforts fairly. 

To keep it broad, I would say the 4 things needed for a deal are, 1) the deal. 2) ground work. 3) financing. 4) rehab (looking at BRRRR properties)

If I were to bring the deal, ground work and partial financing to a BRRRR deal, what are the possible options for splitting profits. Do I get the house/rent and I give them back rehab costs with a predetermined interest? Or split the house and cash flow?

What if I just brought the deal and ground work? What could I potentially get out of this?  Sorry I am being very broad and all over the board on this, still trying to learn