How to split CapEx across uneven partners

[Armand Farr]

Hi all - 3 of us are in a deal and are figuring out the best way to split CapEx in a deal:

- Investors A and B own 25% each
- Investor C owns 50%

Let's say a $1000 CapEx comes in:

1. Would we split this based on the same 50/25/25 split?
2. Or can we split it evenly and give investors A and B more equity based on the $ contributed?
3. What's a recommended operating reserve for CapEx as a % of rents?