Partnership

[Heath McCormick]

I'm considering a partnership on a Student Rental. My partner is new to investing but has the capital required for 50% of the down payment. The question I have is how should we structure the deal. We both will put down 50% of the down payment and the property will be fully tenanted and management in place at purchase. Should we split everything 50/50?

I have been investing for 6 years and have 5 properties(8 doors), spent time, energy and resources educating myself. We will be using my agent/coach, lawyer and lender. Is it greedy of me to think that I should either have more of a % or be afforded more of the cash flow for this experience? 

Any thoughts or advice would be appreciated. 

Thanks,Heath 

[Isaac Blocher]

Hey Heath,

Usually the person that comes in with the most money gets more % on there investment. But if you and your partner are both coming in at 50/50 then you both should get 50%. 

Hope that helps. 

Isaac Blocher