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Updated about 4 years ago on . Most recent reply

Cameron Hamidi's profile image
Cameron Hamidi's profile image
Cameron Hamidi
  • Rental Property Investor
  • from Dallas, TX
  • Member since Jan 27, 2021
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Cameron Hamidi's profile image
Cameron Hamidi's profile image
Cameron Hamidi
  • Rental Property Investor
  • from Dallas, TX
  • Member since Jan 27, 2021
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Cameron Hamidi
  • Rental Property Investor
  • Dallas, TX
5
Votes |
17
Posts
Buying & Selling Real Estate

Partnership set up thoughts

Cameron Hamidi
  • Rental Property Investor
  • Dallas, TX
Posted

Does anyone have any suggestions or thoughts on partnership agreements/set ups?  I’m providing the finances to purchases RE investments and I want my sister to help me manage them. What’s a fair split? 50:50? 80:20? 

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Account Closed's profile image
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Account Closed
  • from Canoga Park, Ca
  • Member since May 2, 2020
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Account Closed
  • from Canoga Park, Ca
  • Member since May 2, 2020
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Account Closed
  • Canoga Park, Ca
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Account Closed
  • Canoga Park, Ca
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Managing property is a huge responsibility. It sounds to me that you'll just be providing the capital and your Sister will be doing all the work. My suggestion is a 50/50 split. Maybe you can also get her finding deals, managing contractors, cold calling etc.
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