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Updated almost 8 years ago, 01/21/2017
Apartment Complex With Partners - Business Plan & Structure
Hey BP - I hope everyone is well. I recently stumbled into a good investor/friend that really wants to complete a deal with me. We are now financially in a much better place and thinking we want to jump right into apartment complexes.
My first hurdle is I want to create a very well constructed business plan and tie that into a very well structured deal among the partners. Clearly defined roles, percentages compensation etc. I also want to have the ability to have third party investor be involved with this deal. My question is can someone point me to some great resources / give any advice regarding the structuring portion of the deal and how to best handle multiple skill sets and personalities in a deal that is relatively higher in value? Any advice would be greatly appreciated! Thanks all.
Nick