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Updated over 1 year ago,

User Stats

97
Posts
37
Votes
Patrick Shep
Pro Member
  • Rental Property Investor
  • Washington, DC
37
Votes |
97
Posts

Partnership Structure with 3 people

Patrick Shep
Pro Member
  • Rental Property Investor
  • Washington, DC
Posted

I have a potential opportunity to partner with 2 people. Neither has any experience in RE, but have capital to bring to the table.  I have 6 units and growing. I'm good at finding deals, managing rehabs and managing the PM or the property myself. I feel as if I should bring less money or no money  at all to the deal at all if we partnered on deal based upon me sourcing the deal and doing a lot of the work to get it off the ground and maintaining.

Am I over valuing what I bring to the deal? How does anyone else structure partnerships like this? 

  • Patrick Shep
  • Loading replies...