How to determine profit sharing with a partner?

[Daniel Devin Jewell]

How do you determine the profit share percentage?

The situation that I'm in right now is strictly on money.

If the purchase price is 100 k and the rehab budget is 50K and I'm covering the rehab budget I'm only getting 33% of the profits.

My partner is primarily funding the deal and sometimes he finds it sometimes he doesn't but as soon as the property is purchased I take hold about 98% going forward I manage flights due to rehab and find the agent and deal with any repair request.

How much is that management worth?

How much is funding the deal worth?

How much is finding the deal worth?

When I was running a landscaping company / Tree Service / power washing / handyman service.

I had basically a menu that people could choose from to do a variety of repairs.

You just go through the menu tell me what you want and that's how much it'll cost very easy.

Everything is pre-calculated and worked into the system.

I think I understand real estate but I don't have enough experience to determine the value that each individual job has.

an agent is 6%

Is money worth 20%?

Is finding the deal 30%?

Lower? higher?

what would you guys say the value of jobs are regarding real estate investing, when it comes to flipping or long-term hold. I kinda see them as one in the same in this specific situation.