Joint Venture Partnership Structure for Rehab > Short-Term Rental

[Amber Roy]

Hey all! Long story short, I have been living abroad in Italy for nearly 2 years, and after sharing my experiences in the Italian market will fellow investors they are wanting to partner with me on future projects here in southern Italy.

The strategy will depend on the investor, however I am currently looking to secure a deal to purchase and rehab a property, and then turn around and rent it as an AirBnB. Increasing property value, and monthly cash flow.

They will be structured as cash deals, and I will be the working partner. Meaning that I will:

• Manage the property.
• Manage the rehab.
• Perform market analysis.
• Perform property analysis.
• Make offers.
• Negotiate.
• Inspect.
• Close.
• Purchase furniture.
• Stage/setup for short term rentals (and manage them going forward)

What type of equity split/profit sharing would you ask for in this scenario if I was...

A) Putting in half the cash to purchase the property/rehab.

B) Not putting in any cash, and just working the deal.

I appreciate you taking the time to read and respond! :)