50/50 Deal

[Matthew Brill]

How does a 50/50 deal look in the buy and hold realm?

Splitting the cash flow each month seems like the short term way to split profits. But what about the equity portion? I know I would have to discuss specifics with the other investor, but come time to sell, do people just usually split the cash at closing? What do clauses look like if one person wants to sell and the other doesn't? What kind of buy out options do you put in place?