New Member Introductions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Working out a deal
ok my farther have a paid for home in New Orleans east. It's paid for but he has little to no money to pay for the finishing touches it needs. He is a construction worker so he's fixing it himself he's talented but lazy. Anywho I want to know how can a present a deal to him where it sounds good. Like I wanna use my money to help fix the place. He wants to sale it and move to Cali in July. His brother wants to buy it so we have a buyer..my thing is when he sale it I want a little percentage of his profit. So what can I say to him so he can take my offer and the main thing is what is a reasonable percentage of profit I should ask for ??? I hope this makes sense to you all.. I just thought the money he gives me (if any ) that can be help for me starting out and I can convince him to help me being his in the construction biz.