Acceptable ROI for Investors

[Stone Timber]

Hi All

Relatively new to BiggerPockets but been in and out of real estate for quite some time and still looking for answers on how best to do things right - this time.

I am Chicago-based and over the past year I picked up five rehab properties for cash (four multi-units and one single family house).  All are in need of serious repairs, and even though I paid cash for them; holding costs and inactivity over the period is beginning to give me a bit of concern.  I have basically used my income and savings to fund these deals plus the holding costs, and even though I can take my time and have the rehab/s completed at a leisurely pace or so, that is the slow-slow approach and isn't quite the plan I had in mind from the beginning.  I want to do at least 30 of these by the end of the year and I know it is VERY possible.

There are plenty of examples on BiggerPockets about how rehabs have been completed using partnerships with other people/investors/friends/family members etc., and I am thinking of reaching out to some friends to invest with me but my concern (or question) is: how much does one offer these type of investors?  5%, 10%, 20%??  The simple answer is probably something like 'it depends on what you agree with the investors', but I know there is probably a thousand other different answers or solutions from people who have done this over and over again.

Any advice or suggestions will be very much appreciated.

StoneTimber